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
Weiss, Amboy Bank close $50 million construction loan for 240-unit Delran rental project

Weiss Properties has closed on a $50 million construction loan from Amboy Bank for a project that will bring 240 luxury rentals to the Burlington County township of Delran.

Industrial
NAIDB named leasing agent for 17,000 sq. ft. Bridgewater warehouse space

The owner of a nearly 17,000-square-foot warehouse space in Bridgewater has tapped NAI DiLeo-Bram & Co. as the property’s exclusive leasing agent.

Industrial
Sitex nears full lease-up of new-look Zuckerberg’s Industrial Park in Saddle Brook

Sitex Group has crossed a key leasing threshold at a 40-building industrial complex in Saddle Brook that it acquired in 2023 before launching a major update of the property.

Top News
Hackensack office site sold as part of planned affordable housing project, NAI Hanson says

An affordable housing agency has added to a development site in Hackensack with its purchase of a downtown office property, according to a brokerage team with NAI James E. Hanson.

Retail
Deluccia: Billiards, social lounge leases 5,700 sq. ft. on Bound Brook thoroughfare

A new billiards and social lounge concept has taken 5,700 square feet along a key commercial corridor in Bound Brook, in a newly announced deal by Deluccia Commercial Group.

Industrial
Wharton buys 91,000 sq. ft. small-bay portfolio in southeast Pennsylvania

Wharton Industrial has added to its holdings in the region, acquiring more than 91,000 square feet of small-bay industrial space in Pennsylvania under a newly announced joint venture.

Industrial
Longpoint unveils new 75,000 sq. ft. warehouse just off I-78 in Irvington

Longpoint has taken the wraps off more than 75,000 square feet of new industrial space in Irvington, seeking to capitalize on a location directly north of Interstate 78.

Residential & Mixed Use
Value Cos. affiliate to lease, manage new 60-unit Donnelly rental project in Denville

Donnelly Construction is nearing completion of a new 60-unit luxury apartment building in Denville, where it has tapped Value Cos. Inc. to spearhead leasing and management.

Retail
Goldstein Group: Car wash, lube business backfills 11,700 sq. ft. in South Brunswick

A new car wash and maintenance business is opening in South Brunswick, leasing nearly 11,700 square feet under a set of deals arranged by The Goldstein Group.

Health Care
Pediatric dental group takes 2,400 sq. ft. in North Bergen medical office deal, NAI Hanson says

A pediatric dental practice is expanding in New Jersey after securing more than 2,400 square feet in North Bergen, in a newly announced deal by NAI James E. Hanson.