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.

Finance & Capital Markets
BHI closes $39 million construction loan to EPIRE for 75-unit Jersey City condo project

A developer has secured a nearly $39 million construction loan from BHI for a new nine-story, 75-unit condominium building in Jersey City’s Hamilton Park section.

Industrial
Denholtz debuts 101,000 sq. ft. facility in Freehold, its latest industrial flex building

Denholtz Properties has completed the latest piece of its growing light industrial portfolio, unveiling a nearly 101,000-square-foot property just north of Route 33 in Freehold.

Deals
Pompton Plains, Paramus retail properties trade in deals arranged by Goldstein Group

By Joshua Burd The longtime owner of a 30,000-square-foot strip center in Pompton Plains has sold the property, in one of two newly announced deals by The Goldstein Group. The buyer, Prime Equity, paid an undisclosed price for Fireside Plaza…

Professional Services
REDCOM joins ACME Nissan to unveil new-look dealership space in South Brunswick

An auto dealership in South Brunswick has a fresh look after a recent brand upgrade and renovation spearheaded by REDCOM Design & Construction.

Retail
LMC: Retailers expect solid holiday sales, eyeing new ways to attract inflation-weary shoppers

A healthy consumer is fueling measured optimism among brick-and-mortar retailers as they prepare for the holiday shopping season to begin in earnest.

Finance & Capital Markets
JLL: Seagis lands $102 million loan for 496,000 sq. ft. portfolio of new warehouse projects

Seagis Property Group has closed on $102 million in financing for three newly completed warehouses in New Jersey and Florida, brokers with JLL announced Monday.

Professional Services
Dresdner Robin taps Riley as associate director of surveying department

Dresdner Robin has hired veteran service professional Austin Riley as an associate director in its surveying department, the Jersey City-based land use consultancy announced.

Professional Services
Langan acquires Navix to expand data center practice, strengthen Pacific Northwest presence

Langan Engineering & Environmental Services has acquired Navix Engineering, a practice based just outside Seattle that focuses on the burgeoning data center market.

Industrial
Faux flower seller leases 38,000 sq. ft. in Newark, in one of three new BRC deals

A home décor company has taken more than 38,000 square feet of industrial space in Newark, in one of three newly announced deals by Bussel Realty Corp.

Retail
Florist takes 1,600 sq. ft. at Green Brook retail property, Deluccia says

A flower shop has leased 1,600 square feet at a Route 22 retail center in Green Brook, according to a brokerage team with Deluccia Commercial Group.