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.

Honeygrow eyes newest New Jersey location with 2,500 sq. ft. lease in Freehold

Stir fry and salad chain honeygrow is once again expanding in New Jersey with a newly completed lease in Freehold, one of several locations that the eatery announced Monday.

Looking forward

As you’ll read in this month’s cover story, builders and advocates see New Jersey’s new affordable housing guidelines as a good starting point after more than a decade of uncertainty, conveying cautious optimism even as they confront the financial hurdles, legal battles and political debates that have slowed housing production in the past.

Developer sells new 108-unit rental property in Mount Holly for $34 million

Affiliates of Fernmoor Homes have sold a newly built, 108-unit multifamily property in Mount Holly for $33.6 million.

Procida completes major Cherry Hill rental project, taps Newmark to list complex for sale

After taking over a long-stalled residential development in Cherry Hill, Procida Funding is seeking a buyer for the newly completed, 507-unit rental property.

Managing energy costs across commercial real estate

Sustainability software is a valuable tool for organizations of all sizes to track, manage and report on their environmental, social and governance (ESG) performance. A sustainability software solution can help you to identify and assess your sustainability risks, set and track sustainability goals, perform scenario analysis to assess the impact of different sustainability strategies on your organization and allocate resources to achieve your sustainability goals.

Resource Realty: Turf products supplier inks 21,000 sq. ft. renewal in Fairfield

A supplier of turf products has renewed its lease for more than 21,000 square feet of warehouse space in Fairfield, in one of three new deals by Resource Realty of Northern New Jersey.

RealCold joins Russo, Onyx to kick off 380,000 sq. ft. cold storage project in East Hanover

Construction is set to begin for a new 380,000-square-foot cold storage facility in East Hanover, in a project that’s bringing new life to a piece of the iconic Novartis Corp. campus on Route 10.

Wharton plans modern industrial space in Cherry Hill after buying 43,000 sq. ft. call center

Wharton Industrial has acquired a nearly 43,000-square-foot facility in Cherry Hill that it now plans to update and reintroduce as a modernized warehouse space.

IPRG: Specialty foods company sells Paterson cold storage complex for $3.9 million

A private investor has acquired a nearly 26,000-square-foot cold storage and warehouse complex in Paterson for $3.9 million, in a newly announced deal by IPRG.

Sanzari leases 5,200 sq. ft. in Hasbrouck Heights for new Hornrock office space

Hornrock Properties has found new office space in Hasbrouck Heights after signing a lease at Alfred Sanzari Enterprises’ Heights Plaza property.