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.

Retail
Electronics repair, cell phone retailer expands to Jersey City with new lease, Cervelli says

An electronics repair and cell phone business has leased 1,700 square feet of retail space in Jersey City, in a deal arranged by Cervelli Real Estate & Property Management.

Industrial
Deugen, Devli lease Port Newark industrial site to major seafood company, AI Group says

A joint venture has landed a tenant for a nearly seven-acre industrial site in Newark’s port district, in a deal arranged by Advance Industrial Group and The Blau & Berg Co.

Industrial
Expansion by 3PL firm among newest Morris County industrial deals, RRNNJ says

A third-party logistics firm has expanded in Morris County by nearly 14,000 square feet, in the largest of several recent deals by Resource Realty of Northern New Jersey.

Finance & Capital Markets
URSA, Fields Grade ink $150 million loan for 336-unit Jersey City project, BlueGate says

A joint venture has secured $150 million in permanent financing for a new 336-unit multifamily property in Jersey City, in a newly announced deal by BlueGate Partners.

Finance & Capital Markets
CBRE: Kontos Group snags $18 million bridge loan for new 57-unit Roselle Park rental project

A developer has landed $18 million in bridge financing for a new 57-unit luxury apartment building in Roselle Park, according to a debt placement team with CBRE.

Professional Services
Alban Group eyes growth with new Florida office, key hire and fresh brand identity

The Alban Group is expanding to South Florida, seeking to grow its construction management platform alongside new branding and a redesigned headquarters in Newark.

Residential & Mixed Use
Marcus inks sales of Hoboken retail, residential properties in deals totaling $5.8 million

Two mixed-use buildings in Hoboken have changed hands in separate deals, fetching a combined $5.8 million in transactions arranged by Marcus & Millichap.

Professional Services
Wells, Jaworski names new partners, equity partner among land use and litigation teams

Wells, Jaworski & Liebman LLP has announced three key promotions, elevating Jennifer M. Berardo and Katie J. Razin to partner while naming Jameson P. Van Eck as an equity partner.

Events
ULI NNJ Excellence Awards set for April 16, with nomination deadline fast approaching

The Urban Land Institute Northern New Jersey is accepting nominations for its 2026 Excellence Awards, an event that will honor and bring together some of the region’s top developers, owners, designers, public-sector leaders and professional services firms.

Residential & Mixed Use
Landmark reaps $90 million in sale of 540-unit Union County rental portfolio, Kislak says

Landmark Cos. has sold a 10-property, 540-unit apartment portfolio in Union County for $90 million, in a newly announced deal by The Kislak Co. Inc.