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.

Health Care
NAIDB: Health care users combine for 20,000 sq. ft. in Central Jersey office deals

Three health care tenants have signed leases in Bridgewater and South Plainfield as part of a series of newly announced office deals by NAI DiLeo-Bram & Co.

Office
Cushman named leasing agent for 149,000 sq. ft. flex office campus in Warren

The owner of a nearly 149,000-square-foot flex office campus in Warren has retained Cushman & Wakefield as the property’s leasing agent.

Retail
Wash Haus Inc. takes 2,900 sq. ft. in Voorhees retail deal, WCRE says

A new tenant is coming to a Voorhees retail property after completing a lease for 2,900 square feet, according to a brokerage team with Wolf Commercial Real Estate.

Industrial
Faropoint, Deugen eye groundbreaking for 195,000 sq. ft. warehouse project in New Brunswick

Faropoint and Deugen Development are set to begin construction on a project that will bring more than 195,000 square feet of new warehouse space to a key corridor in New Brunswick.

Residential & Mixed Use
Kushner sells 276-unit garden apartment portfolio in Westwood, River Vale for $80 million

Kushner has sold a four-property, 276-unit portfolio of garden apartments in Bergen County for $80 million, brokers with JLL announced Wednesday.

Professional Services
Dresdner Robin relocates Jersey City headquarters to 30 Montgomery

Dresdner Robin has found a new home in downtown Jersey City, touting an office with expanded amenities that still gives it a central hub for its customer base in the Northeast.

Industrial
Faropoint eyes 74,000 sq. ft. warehouse project at newly acquired site in Cumberland County

Faropoint has acquired more than nine acres in Cumberland County where it plans to develop some 74,000 square feet of high-end warehouse space, the Hoboken-based firm announced.

People
R&J’s Johnson named to Somerset County Business Partnership Top 40 Under 40

The Somerset County Business Partnership has recognized Dan Johnson, a top public relations professional in New Jersey commercial real estate, as part of its Top 40 Under 40 class for 2024.

Residential & Mixed Use
Larken welcomes first residents, touts leasing milestone at new 120-unit Warren County project

The first residents have arrived at Larken Associates’ new 120-unit luxury apartment complex in the Warren County township of Pohatcong.

Finance & Capital Markets
JLL: Hornrock, GTIS close $115 million refi for new 389-unit Hackensack rental project

A joint venture has snagged $115 million in financing for a new two-phase, 389-unit multifamily development in downtown Hackensack, in a newly announced deal by JLL.