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.

Construction underway on latest Woodmont rental project

Woodmont Properties has started construction on another transit-centric residential development in Middlesex County, this time in South Amboy at a site along the Raritan Bay.

‘Mini-city’ education center commits to American Dream project

An education-themed entertainment center is slated to occupy 80,000 square feet within the planned American Dream complex in East Rutherford, the operator said Monday.

HFF brokers sale of Parsippany office building

Lincoln Property Co. has acquired a 114,000-square-foot office property in Parsippany, in a deal brokered by HFF’s New Jersey office.

Gebroe-Hammer: 106-unit rental property fetches $10.5M

An investor has acquired three apartment properties in Elizabeth as part of a $10.5 million portfolio sale arranged by Gebroe-Hammer Associates, the brokerage firm said Monday.

South Jersey industrial building lands 92K sq. ft. tenant, Bussel says

A warehouse and storage firm has leased 92,000 square feet at a Burlington County industrial building, according to brokers with Bussel Realty Corp.

Brunelli, former sales associate reunite after four years

A retail real estate executive with five decades of experience has returned to R.J. Brunelli & Co. after four years away from the firm.

E-commerce boom, a disruptor in N.J. industrial market, is a golden opportunity for developers and public officials

E-commerce, today’s retail model, is growing rapidly, as products and technology evolve and consumers come to rely on the ease and convenience of online shopping. In addition to its much-talked-about impact on the overall retail picture, e-commerce has been a key driver for industrial real estate, especially in those well-situated locations that facilitate a speedy and low-cost way of delivering goods to consumers.

New availabilities outpace Q1 demand in N.J. office market, researchers say

New Jersey’s two largest cities started the year with high-profile office deals, but consolidations have caused an uptick in vacant space for the regional leasing market in the state.

Hoboken council to weigh new waterfront hotel plan

A second hotel could be coming to the Hoboken waterfront under a redevelopment plan that is slated to be formally introduced to city officials later this week.

IOREBA panel tackles changes and challenges in N.J. commercial real estate

No matter the asset class, commercial real estate in New Jersey is changing in a big way.

That was the message of industry leaders earlier this week as some 350 owners, brokers and other professionals gathered for the annual Developer’s Night hosted by IOREBA, or the Industrial and Office Real Estate Brokers Association.