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
Leasing begins at LeFrak’s new rental tower in Newport (PHOTOS)

LeFrak has kicked off leasing for what it calls its “most ambitious project” in Jersey City since the firm began to lead the redevelopment of the city’s Newport section decades ago.

Finance & Capital Markets
Construction loan will fund new Gold Coast rental project, Meridian says

Meridian Capital Group has arranged $7.7 million in construction financing for the development of a new luxury apartment building in Guttenberg, the firm announced.

Finance & Capital Markets
Underwriter joins Eastern Union health care group

Eastern Union Funding has expanded its health care team with the hiring of a new vice president.

Health Care & Education
Atlantic City Gateway project is both a turning point and a homecoming, officials say (PHOTOS and VIDEO)

Atlantic City took a ceremonial but monumental step forward on Thursday in the long-running effort to grow the resort town beyond gaming, as officials broke ground on a new mixed-use development that will be home to both Stockton University and South Jersey Industries.

Industrial
With new locations, Amazon growing N.J. presence by nearly 3 million sq. ft.

Amazon has formally unveiled plans for three new fulfillment centers in New Jersey, adding to what is already a sprawling footprint across the state’s industrial real estate market.

Office
Japanese investor acquires stake in Normandy platform

After starting as an investor in several projects by Normandy Real Estate Partners, a Japanese development group has expanded its role by becoming a partner of the Morristown-based firm.

Retail
Tucker unveils seven new retailers at Springfield Avenue project in Newark

The retail portion of Tucker Development’s major mixed-use project in Newark is now 85 percent leased after recent commitments from seven new retailers, the firm said Thursday.

Health Care & Education
Bergen County medical office building draws new tenant, NAI Hanson says

Brokers with NAI James E. Hanson have inked a new lease at a 28,000-square-foot medical office building in Fair Lawn, the Hackensack-based firm said Thursday.

Industrial
CBRE: New industrial complex rises at site of massive 2016 fire

After being destroyed last year by a high-profile fire, a Somerset County industrial complex is coming back to life as a new 700,000-square-foot distribution facility.

Hospitality & Tourism
New owner plans top-to-bottom upgrades at Monmouth County hotel

A well-known hotel in Monmouth County is getting a multimillion-dollar makeover after being acquired last month by an East Windsor-based hospitality group.