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
Silverman Group bringing 62 new rentals, medical office space to Short Hills site

The Silverman Group has broken ground on a project that will bring 62 new luxury apartments and medical office space to a site just west of the Short Hills train station in Millburn.

Office
Boutique medical office building in Jersey City trades for $7.4 million, C&W says

An investment group has acquired a more than 28,000-square-foot medical office building in Jersey City for $7.43 million, in a newly announced deal by Cushman & Wakefield.

Residential & Mixed Use
Investor taps Kislak to sell 78-unit Hackensack rental property

The owner of a 78-unit luxury apartment building in Hackensack has retained The Kislak Co. Inc. to sell the property after acquiring it just over three years ago.

Office
RRNNJ inks 9,000 sq. ft. in new office leases in Somerset, Morris counties

An engineering firm has leased nearly 5,800 square feet of office space in Somerset County, in one of three newly announced deals by Resource Realty of Northern New Jersey.

Residential & Mixed Use
Reynolds adds to Cleveland portfolio, acquires 119 new units for $31 million

Reynolds Asset Management has made two more acquisitions outside New Jersey, adding a combined 119 newly built apartments in Ohio as part of an ongoing joint venture.

Professional Services
Linfante joins Newmark Associates as vice president, continues role with Integra

Newmark Associates has bolstered its team with the addition of Arthur Linfante, a seasoned consultant with vast experience in commercial real estate valuation and advisory.

Finance & Capital Markets
JLL: Donato Group scores $23 million loan for 190,000 sq. ft. light industrial portfolio in Wall

The Donato Group has obtained nearly $23 million in financing for some 190,000 square feet of light industrial space in Wall Township, brokers with JLL announced Tuesday.

Residential & Mixed Use
Community Investment Strategies kicks off 86-unit senior housing project in Moorestown

Community Investment Strategies has started construction on a project that will bring 86 affordable, age-restricted homes to the Burlington County township of Moorestown.

Industrial
BRC inks 12,000 sq. ft. industrial deal in Newark’s South Ironbound

An industrial user has leased 12,000 square feet across two spaces in Newark’s South Ironbound neighborhood, in a newly announced deal by Bussel Realty Corp.

Professional Services
Graf of DIGroup Architecture to receive top honor from industry groups in Queens

A trade association is honoring Howard Graf of Graf & Lewent Architects, an affiliate of New Brunswick-based DIGroup Architecture, with plans to recognize him at an event later this year.