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
Nuveen closes $28 million loan for 215,000 sq. ft. North Bergen industrial asset, JLL says

Nuveen Real Estate has provided $28 million in permanent financing to the owner of a 215,000-square-foot industrial building in North Bergen, brokers with JLL announced.

Office
SJP unveils 11,000 sq. ft. buildout in Bridgewater for Everest Clinical Research

SJP Project Solutions has completed the buildout of more than 11,000 square feet of office space in Bridgewater that serves as a new U.S. hub for a contract research organization.

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.