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.

Professional Services
Arcari + Iovino Architects names new partners, a milestone in firm’s 32-year history

Arcari + Iovino Architects has unveiled its next generation of leadership after naming five new partners on its Little Ferry-based team.

Retail
Marcus: Three-unit, 4,200 sq. ft. mixed-use property in Englewood fetches $1.2 million

An investor has purchased a three-unit commercial property in downtown Englewood for nearly $1.2 million, brokers Marcus & Millichap announced recently.

Retail
Cherry Hill commercial property finds final retail tenant, WCRE says

The owner of a nearly 41,000-square-foot commercial property in Cherry Hill has leased the final retail space at the complex, in a newly announced deal by Wolf Commercial Real Estate.

Residential & Mixed Use
Hartz welcomes residents as leasing surges at new 252-unit Weehawken rental property

Renters are flocking to Hartz Mountain Industries’ latest luxury apartment building in Weehawken, a 232-unit property just north of the Hoboken border.

Residential & Mixed Use
New 14-unit condo property hits the market near Long Branch oceanfront, Elliman says

A collection of 14 condominiums two blocks from the Atlantic Ocean has hit the market in Long Branch, with move-ins slated for Memorial Day 2025.

Professional Services
Sheldon Gross hires Levesque as property manager, sales representative

Sheldon Gross Realty has deepened its bench with the addition of Bill Levesque as a property manager and sales representative, the West Orange-based firm announced.

Industrial
TFE-owned self-storage building in Howell transitions to CubeSmart

CubeSmart has taken over management of a 78,000-square-foot self-storage facility in Howell, part of a mixed-use portfolio owned by TFE Properties for more than 25 years.

Retail
Abercrombie leases 5,000 sq. ft. for new downtown Hoboken location, Grid Real Estate says

Abercrombie & Fitch is coming to Hoboken’s main retail corridor after leasing 5,000 square feet at a prominent corner property downtown.

Residential & Mixed Use
A key step: For Prism, bringing residential property management in-house is a goal years in the making

Prism Capital Partners has reached a long-held goal of taking its residential property management in-house, a move that is already bearing fruit by providing real-time data that can boost performance, while reducing turnover and optimizing rental rates to ensure that the firm is enhancing the value of each property.

Industrial
Iron Hill debuts 1 million sq. ft. warehouse for Burlington in Logan Township

Burlington, the off-price retailer, is up and running inside more than 1 million square feet of industrial space in Logan Township after a fit-out by Iron Hill Construction Management.