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.

Finance & Capital Markets
Fingerman joins Peapack-Gladstone as senior managing director, commercial real estate head

Joseph E. Fingerman has joined Peapack-Gladstone Financial Corp. as senior managing director and president of commercial real estate, the lender announced Monday.

Residential & Mixed Use
New Jersey investor buys Maryland rental property for $16 million, Kislak says

A private investor from New Jersey has acquired a newly built 60-unit apartment complex in Maryland for $15.8 million, brokers with The Kislak Co. Inc. announced Monday.

Health Care
Medical practice expanding after acquiring Roseland building, Newmark Associates says

A health care practice has acquired a nearly 2,200-square-foot medical office building in Roseland, brokers with Newmark Associates Commercial Real Estate announced.

Residential & Mixed Use
CBRE: Buyer wanted for 14-property, 3,700-unit rental portfolio in New Jersey, Pennsylvania

The longtime owner of nearly 3,700 garden apartments across New Jersey and Pennsylvania is seeking a buyer for the portfolio, according to listing brokers with CBRE.

Office
Kushner, KABR debut 135,000 sq. ft. office, retail space at historic Jersey City building

Kushner and KABR Group have unveiled a project that has brought 135,000 square feet of new commercial and retail space to downtown Jersey City, all while restoring and revitalizing a 112-year-old warehouse built by the Great Atlantic and Pacific Tea Co.

Industrial
IPRG: Longpoint buys 33,000 sq. ft. Hillside warehouse from longtime owner-occupier

Longpoint Realty Partners has acquired more than 32,000 square feet of warehouse space just south of Interstate 78 in Hillside, in a transaction arranged by IPRG.

Industrial
Velocity revives Gloucester County small-bay park with key upgrades, 85,000 sq. ft. in leasing

Velocity Venture Partners LLC has brought a Gloucester County industrial park to full occupancy after a multimillion-dollar renovation and some 85,000 square feet of leasing activity.

Industrial
Denholtz enters South Carolina with purchase of three-building, 98,000 sq. ft. flex portfolio

Denholtz has acquired more than 98,000 square feet of flex industrial space in Columbia, South Carolina, marking its first acquisition in the state and its latest in the Southeast.

Office
Signature buys 446,000 sq. ft. Secaucus office building in $50 million deal with Manulife

Signature Acquisitions has added more than 446,000 square feet to its fast-growing office portfolio in New Jersey, buying a well-known property in Secaucus for some $50 million.

Office
CBRE: Investors sell revamped 80,000 sq. ft. office building in Parsippany for $10.2 million

An investment group has sold a nearly 80,000-square-foot office building in Parsippany for $10.2 million, in a newly announced deal by CBRE.