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
Developers join Jersey City leaders to tout new housing stock, resurgence in Bergen-Lafayette

The historic Bergen-Lafayette neighborhood in Jersey City took center stage last week as city officials marked the arrival of two new apartment buildings with a combined 208 units.

Professional Services
Progress Capital team joins Cushman debt, equity platform in New Jersey, suburban New York

Cushman & Wakefield has made a major addition in New Jersey, announcing that the Progress Capital team led by Kathy Anderson, Brad Domenico and Brian Anderson has joined its debt and equity group based in East Rutherford.

Real Estate NJ Owners Council
KRE Group launches leasing at 239-unit garden-style project in East Hanover

Kushner Real Estate Group has delivered the latest project in its portfolio of modern garden apartments, unveiling a 239-unit property at a well-known site in East Hanover.

Finance & Capital Markets
Nuveen closes $28 million loan for 215,000 sq. ft. North Bergen industrial asset, JLL says

Nuveen Real Estate has provided $28 million in permanent financing to the owner of a 215,000-square-foot industrial building in North Bergen, brokers with JLL announced.

Office
SJP unveils 11,000 sq. ft. buildout in Bridgewater for Everest Clinical Research

SJP Project Solutions has completed the buildout of more than 11,000 square feet of office space in Bridgewater that serves as a new U.S. hub for a contract research organization.

Office
Dental practice takes space at updated Montvale medical office building, Accordia says

A dental practice is joining the tenant roster at a newly updated, 32,000-square-foot medical office building in Montvale, according to a management team with Accordia.

Retail
BRC: Holy Cow Burgers takes 2,600 sq. ft. at Woodland Park property

A burger chain is expanding to New Jersey after leasing nearly 2,600 square feet in Woodland Park, in a newly announced deal by Bussel Realty Corp.

Government & Public Policy
EDA approves $8 million tax credit for Atlantic City office-to-residential project

A developer has secured a key tax credit award for its plan to convert a historic office building in Atlantic City into 56 loft-style apartments and commercial space.

Finance & Capital Markets
CRG inks $9 million financing deal for 161,000 sq. ft. Mount Olive warehouse, JLL says

Commercial Realty Group has closed on $9 million in permanent financing for a nearly 161,000-square-foot warehouse in the Flanders section of Mount Olive, in a deal arranged by JLL.

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.