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.

Current Issue

After 20 years and three sales, a site finally finds its calling

It was a 27-acre land sale last September that gave way to one of East Windsor’s newest industrial projects, but it wasn’t the first time the property had changed hands.

Retail

Kislak: Family sells Hudson County retail center after 30 years

Investors have paid nearly $10 million for a Bayonne shopping center anchored by a Family Dollar, in a retail investment sale brokered by The Kislak Co. Inc.

Professional Services

Greenbaum Rowe names co-chair of redevelopment, land use group

Greenbaum, Rowe, Smith & Davis LLP has added a veteran commercial real estate attorney to help lead its redevelopment and land use practice.

Retail

Marcus & Millichap brokers sales in Bergen, Middlesex

A pair of retail properties in Bergen and Middlesex counties have new owners following separate investment sales arranged by Marcus & Millichap.

Residential & Mixed Use

Three months in, new Hoboken building hits leasing milestone

Advance Realty, the developer of Harlow in Hoboken, announced Friday that the 140-unit property is more than 50 percent leased barely three months after opening.

Office

Garden State of mind: Postell, McDonough reflect on five years since the opening of Transwestern’s N.J. office

Transwestern, which is now marking five years since it officially opened in New Jersey, has since become a player in the state’s office, industrial and retail sectors. It has seen its annual transaction volume double since 2012 — while its property management portfolio has grown during that time to 4 million square feet from 485,000 square feet — with a platform that offers more than just brokerage services.