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.

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.

Retail
Marcus: Three-unit, 4,200 sq. ft. mixed-use property in Englewood fetches $1.2 million

An investor has purchased a three-unit commercial property in downtown Englewood for nearly $1.2 million, brokers Marcus & Millichap announced recently.

Retail
Cherry Hill commercial property finds final retail tenant, WCRE says

The owner of a nearly 41,000-square-foot commercial property in Cherry Hill has leased the final retail space at the complex, in a newly announced deal by Wolf Commercial Real Estate.

Residential & Mixed Use
Hartz welcomes residents as leasing surges at new 252-unit Weehawken rental property

Renters are flocking to Hartz Mountain Industries’ latest luxury apartment building in Weehawken, a 232-unit property just north of the Hoboken border.

Residential & Mixed Use
New 14-unit condo property hits the market near Long Branch oceanfront, Elliman says

A collection of 14 condominiums two blocks from the Atlantic Ocean has hit the market in Long Branch, with move-ins slated for Memorial Day 2025.

Professional Services
Sheldon Gross hires Levesque as property manager, sales representative

Sheldon Gross Realty has deepened its bench with the addition of Bill Levesque as a property manager and sales representative, the West Orange-based firm announced.