Market Sectors

New Jersey has an unmatched location and a population that developers dream about. It’s no wonder the commercial real estate industry is flourishing and evolving across all segments of the market.

Residential & Mixed Use
New Brunswick arts redevelopment completes $171 million financing package

The team behind the highly anticipated, mixed-use New Brunswick Performing Arts Center project has closed on the financing for the sweeping $171 million development.

Government & Public Policy
Affordable housing in focus at PlanSmart NJ forum

With less than two months until Election Day, surrogates for New Jersey’s two leading candidates for governor on Thursday spoke directly to real estate and land use experts. As it often is, affordable housing was the dominant topic.

Retail
New locations mean new space needs for physical therapy business

John Gallucci Jr., pictured at JAG Physical Therapy’s Cedar Knolls location, has overseen the growth of the practice from a single location in West Orange in 2005 to a footprint that includes more than 15 in the region and 13…

Office
Aerial photography firm opens new 10,000 sq. ft. space at Kearny Point

A firm that operates helicopter flights for photography has opened a new 10,000-square-foot storefront at Kearny Point, the sprawling former shipyard that is being repositioned as a modern campus for creative businesses.

Industrial
BRC: Photo, electronics equipment firm inks industrial lease in South Plainfield

An electronics and entertainment company will occupy nearly two-thirds of a South Plainfield industrial building, following a 76,640-square-foot lease brokered by Bussel Realty Corp.

Industrial
Key Properties inks 11,000 sq. ft. lease in Meadowlands

A supply company is relocating within Carlstadt as part of a newly signed 11,000-square-foot warehouse lease with landlord Key Properties LLC.

Industrial
Colliers: Logistics firm commits to 181,000 sq. ft. in Linden

A transportation and logistics solutions firm has leased 181,000 square feet at a Prologis-owned building in Linden, brokers with Colliers International said Wednesday.

Retail
CBRE: Secaucus retail center sold to institutional investor

An institutional buyer has acquired a 306,000-square-foot shopping center in the sprawling mixed-use Harmon Meadow complex in Secaucus, in a deal arranged by brokers with CBRE.

Retail
Investor secures $18.7 million for Wayne retail acquisition

HFF has arranged $18.7 million in financing for an investor to acquire an 84,000-square-foot shopping center near the Willowbrook Mall in Wayne, the firm said Wednesday.

Office
Bergman inks two office leases for 13,600 sq. ft. in Lyndhurst

A design technology firm and a packaging supplies distributor are among the newest tenants at a Lyndhurst office building, leasing a combined 13,600 square feet.