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.

Industrial
New 380,000 sq. ft. cold storage warehouse coming to ex-Novartis site in East Hanover

By Joshua Burd A cold storage developer has announced plans for a new 380,000-square-foot temperature-controlled warehouse at a former piece of the Novartis Corp. campus in East Hanover. The operator, RealCold, said it was partnering with site owners Onyx Equities…

Residential & Mixed Use
Hampshire, Pinnacle join Circle Squared to debut 40-unit Montclair rental property

A joint venture has opened a new 40-unit luxury apartment building in downtown Montclair, one that’s adjacent to an upscale hotel that the partnership unveiled in 2019.

Government & Public Policy
New 550-seat theater for New Jersey Symphony coming to Toll Bros. site in Jersey City

The New Jersey Symphony has found a new permanent home, with plans to occupy a 44,000-square-foot theater within a prominent Tolls Brothers Inc. development in Jersey City.

Residential & Mixed Use
HREV joins SolarKal, Evergreen Energy to reveal rooftop solar at Jersey City’s Birch House

Halpern Real Estate Ventures has unveiled another sustainability feature at a new luxury apartment building in Jersey City, activating a rooftop solar array at the 337-unit property.

Retail
Newark awards $1.2 million to seven city small businesses, supporting growing retail scene

Newark city officials are giving a boost to local businesses, pledging $1.2 million in funding for seven restaurants and organizations as part of a plan to activate its retail corridors.

Retail
WCRE: Wrestling & Training Center inks lease at Camden County strip center on Route 73

A business known as Wrestling & Training Center has taken space at a Route 73 retail property in Camden County, in a deal arranged by Wolf Commercial Real Estate.

Industrial
Amazon warehouse in Mount Olive sells for $29 million, Branch Industrial says

Asset Realty & Construction Group has sold a 132,000-square-foot industrial building in Mount Olive for more than $29 million, in a newly announced deal by Branch Industrial.

Industrial
Larken, Vision Wheel ink 32,000 sq. ft. flex industrial lease in Flemington

Larken Associates has lured a new tenant to a Flemington industrial park, leasing more than 32,000 square feet to a company that specializes in aftermarket wheels for vehicles.

Industrial
Peak Construction begins fit-out for 55,000 sq. ft. Soligent facility in Millstone

Construction is underway in Millstone on a nearly 55,000-square-foot space for Soligent, a distributor of equipment for solar panels and other clean energy products.

Retail
Club Pilates leases 3,000 sq. ft. amid upgrades at Bayonne retail center, LMC says

Club Pilates has taken 3,000 square feet at a soon-to-be-updated retail center in Bayonne, in a newly announced transaction by Levin Management Corp.