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.

Third phase of KRE’s Bay 151 rental project in Bayonne more than 80 percent leased

Kushner Real Estate Group is nearing the full lease-up of a 212-unit apartment property in Bayonne, the third and final phase of a project that was conceived more than a decade ago.

Institutional buyer adds 226-unit Hackensack rental property, JLL says

An institutional investor has acquired a 226-unit luxury apartment property adjacent to the upscale Shops at Riverside complex in Hackensack, in a newly announced deal by JLL.

Three-property, 258-unit rental portfolio in Atlantic City sells for $21 million, Kislak says

A private investor has acquired a three-property, 258-unit apartment portfolio in Atlantic City for nearly $21 million, brokers with The Kislak Co. Inc. announced Thursday.

New amenities debut at 336-unit Jersey City project by Fields Grade, Ursa Development

The developers of a new 336-unit apartment building at the border of Jersey City and Hoboken have debuted a series of indoor and outdoor amenities at the upscale property.

Cervelli: Tenants wanted for ground-floor, rooftop commercial space at Passaic loft project

The owner of a loft-style apartment building in Passaic has tapped Cervelli Real Estate and Property Management as its leasing team for the property’s commercial space.

Deugen wins approval for two-building, 195,000 sq. ft. warehouse project in New Brunswick

An affiliate of Deugen Development has secured a key local approval for a plan that would bring nearly 200,000 square feet of new warehouse space to New Brunswick.

Ianuale, Trautner reflect on time as ULI New Jersey co-chairs after extended term

Ensuring a smooth transition has been a top priority for Tom Trautner and Tony Ianuale in their final months as co-chairs of the Urban Land Institute’s Northern New Jersey chapter. Fortunately, that has meant continuing what they’ve done for more than four years — engaging members through networking events and thought-provoking panel discussions.

Developers of 477-unit West Side Square project in Jersey City ink $169 million financing deal

A development group has landed more than $169 million in financing for a project that will bring 477 new apartments and retail space to Jersey City’s growing West Side neighborhood.

Archer’s DePaolo, Prince named partners with law firm

Archer & Greiner PC has named two new partners after elevating Nicholas L. DePaolo of the firm’s real estate team and Trevor A. Prince Jr. of its business litigation group.

Logistics user takes 109,000 sq. ft. in North Brunswick sublease, BRC says

A logistics firm has subleased 109,000 square feet at a North Brunswick industrial building, in a newly announced deal by Bussel Realty Corp.