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

Larken earns two NJBA Sales and Marketing Awards for 120-unit Pohatcong project

Larken Associates has notched two more wins in the New Jersey Builders Association’s annual Sales and Marketing Awards — thanks to a new multifamily community in Warren County.

Industrial

Blau & Berg: Freight forwarder inks 126,000 sq. ft. renewal at Secaucus industrial building

A logistics firm is staying in place after signing a lease renewal for nearly 126,000 square feet of industrial space in Secaucus, brokers with The Blau & Berg Co. announced last week.

Education

Silverman, longtime NJCU supporter, establishes endowed scholarship at Jersey City school

Longtime developer Paul Silverman has launched a new scholarship at New Jersey City University, building on his years of support for both the academic institution and the Jersey City community.

Retail

LMC: Ace Pickleball debuts 27,000 sq. ft. location at North Brunswick shopping center

Indoor pickleball has arrived at a busy retail property in North Brunswick, bringing a distinctive new use to the complex as part of its evolving tenant mix.

Cervelli lists mixed-use Journal Square building with ‘value-add upside, owner-user potential’

A three-story, 13,000-square-foot commercial building in Jersey City is on the market for sale, in a newly announced offering by Cervelli Real Estate & Property Management.

Retail

Millville retail center fetches $2.4 million in deal with local investor, A.J. Sussman says

A local investor has purchased a nearly 34,000-square-foot retail center in Millville for $2.4 million, in a newly announced deal by A.J. Sussman Co.

Industrial

Maersk takes 233,000 sq. ft. at Linden Logistics Center in latest lease by Advance, GREP team

The developers of the sprawling Linden Logistics Center campus have secured a new tenant, filling more than 233,000 square feet thanks to a deal with a global shipping giant.

Professional Services

Hilton, McBride join Cushman to bolster global portfolio solutions unit

Cushman & Wakefield has welcomed brokers Nick Hilton and Brendan McBride, adding two industry veterans to the global portfolio solutions team based in its New Jersey office.

Professional Services

Investment firm seeking buyer for 253,000 sq. ft. Woodcliff Lake office building, JLL says

The owner of a nearly 253,000-square-foot office building in Woodcliff Lake has listed the property for sale, in an offering that follows a recent uptick in leasing activity.v

Residential & Mixed Use

Nasser Freres launches leasing at 622-unit Journal Square rental tower

Another luxury apartment tower has arrived in Journal Square, adding more than 600 units to the historic but fast-growing commercial district in Jersey City.