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.

Deals

Private school leases 45,000 sq. ft. in Marlton, WCRE says

More than half of a former elementary school in Evesham will become home to a private education operator, following a lease arranged by brokers with Wolf Commercial Real Estate.

Office

Colliers: Bedminster office campus inks 90,000 sq. ft. in leases

A two-building office complex in Bedminster has recorded some 90,000 square feet of leasing activity over the past six months, according to the brokerage team for the property.

Finance & Capital Markets

Jersey City project among recent CRE loans for Investors

Lenders with Investors Bank have closed $15.6 million in financing for a planned mixed-use building in Jersey City, one of three major loans closed by the bank in recent weeks.

Industry icon Jerry Gottesman dies at age 87

Edison Properties Co-Founder and Chairman Jerry Gottesman, an iconic figure in New Jersey commercial real estate whose career spanned more than six decades, has died at age 87.

Government & Public Policy

Holtec, public officials open $260 million campus in Camden (VIDEO)

Holtec International has opened the doors to what the state says is the single largest private investment in the history of Camden — a new 600,000-square-foot headquarters and manufacturing complex for the global energy technology company.

Residential & Mixed Use

Developer, local officials open new Livingston rental community

Squiretown Properties formally unveiled its new rental community in Livingston. With two buildings completed, the developer has introduced 94 of the planned 220 units at what’s known as ParkVue at Livingston, as construction continues for the remaining phases.

Residential & Mixed Use

Report: Hovnanian to sell Red Bank HQ, move to Old Bridge

Hovnanian Enterprises reportedly will sell its headquarters building in Red Bank to OceanFirst Financial Corp., paving the way for the homebuilder to move its offices to Old Bridge.

Industrial

Sheldon Gross: Buyer plans warehouse, distribution use at 45,000-sq. ft. Monroe building

A specialized sink manufacturer has acquired a 45,000-square-foot warehouse and office building in Monroe, according to brokers with Sheldon Gross Realty Inc.

Office

Lowenstein Sandler unveils 170,000 sq. ft. space at new-look Roseland building

Law firm Lowenstein Sandler has opened the doors to its new Garden State headquarters in Roseland, occupying nearly half of a repositioned 400,000-square-foot suburban office building.

Government & Public Policy

Guadagno, Murphy invited to speak at annual PlanSmart summit

The two candidates in New Jersey’s upcoming gubernatorial election will soon have the chance to speak directly to planning advocates, land use experts and real estate professionals, who are set to gather next week for PlanSmart NJ’s annual Planning Summit.