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.

Retail
Burger King opens new 2,800 sq. ft. location in East Hanover, Goldstein Group says

A new Burger King has opened along Route 10 in East Hanover after a recent 2,800-square-foot lease arranged by The Goldstein Group.

Residential & Mixed Use
Filling the pipeline: Developers lining up plans for new housing projects in New Brunswick, seeking to meet demand from massive commercial investments

Developers are laying the groundwork for what could be a new wave of apartment construction in downtown New Brunswick, seeking to meet the needs of potentially thousands of new employees that will come from several transformative, large-scale commercial projects that are now taking shape.

Residential & Mixed Use
Tepper, Skylight join forces to launch ground-up multifamily development firm

Longtime development executive Russell Tepper has a new home and a new venture after teaming with Skylight Real Estate Partners to launch a ground-up multifamily platform.

Professional Services
Saul Ewing real estate attorney Nadell elevated to partner

Real estate and land use attorney Benjamin A. Nadell has joined the ranks of partner with Saul Ewing LLP’s Princeton-based team.

Retail
Jersey Shore surf shop Jetty expanding with 3,400 sq. ft. deal at Pier Village, Pierson says

Surf apparel brand Jetty is coming to Pier Village in Long Branch, where it’s leasing nearly 3,400 square feet from Kushner under a deal arranged by Pierson Commercial.

Residential & Mixed Use
Renters flocking to 55+ property in Cherry Hill as Procida nears completion of final phase

Procida Funding & Advisors is touting its strongest leasing momentum yet at a new age-restricted, 507-unit residential property in Cherry Hill that it took over in 2023 after the site had faced multiple delays during two decades of development.

Office
Sanzari brings Tesla Superchargers to Teaneck with new installation at Glenpointe

Alfred Sanzari Enterprises has unveiled a new Tesla Supercharging station at its Glenpointe property in Teaneck, adding another amenity to the business and hospitality campus.

Finance & Capital Markets
Investment team lands $53 million HUD loan for updates to 308-unit Jersey City rental tower

A joint venture has secured nearly $53 million in federally backed financing to renovate and update a 308-unit mixed-income property in Jersey City.

People
Reynolds adds acquisitions, asset management directors alongside in-house general counsel

Reynolds Asset Management has expanded its leadership team in three key areas with the additions of Joe Raitt, Sam Magalnik and Matt Breuer.

Finance & Capital Markets
M&T closes $66 million Fannie Mae loan for 393-unit Union rental property

The new owner of a 393-unit luxury apartment complex in Union has closed on nearly $66 million in financing, in a transaction arranged by M&T Realty Capital Corp.