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.

Things to do

As you’ll read in this month’s cover story, the Queen City is now working to attract new retail, recreation and dining options to support its growing population. Look no further than PickleRage, the new 40,000-square-foot pickleball club that just opened under a project by ECA Developers. That’s just one example, according to the story by Marlaina Cockcroft, coming alongside a new $10 million aquatics complex that debuted last summer and plans for a 55,000-square-foot recreation and cultural center with a pool, event and performance space, workforce development facilities and an art gallery, as well as a building with 220 affordable units.

A guiding force: Why time with Newark Alliance will loom large for new EDA chief Weiss

Evan Weiss had his reasons for leaving state government in 2021. One of them, he recalls, was “because I started to feel so removed” from the constituents who were affected by the sweeping policies and billions in funds he helped deploy as a top adviser to Gov. Phil Murphy.

He rediscovered that connection as head of the nonprofit Newark Alliance, a role he held for four years — and one that will loom large as he returns to Trenton as CEO of the state Economic Development Authority.

RRNNJ inks 92 deals in 2025 with small-bay leases, renewals shining through

Demand for smaller industrial spaces is accelerating, continuing a trend that emerged in 2025 across dozens of lease and sale transactions by Resource Realty of Northern New Jersey.

Slim Chickens coming to New Jersey with new 17-unit franchise agreement

Fast casual chain Slim Chickens is eyeing a major expansion in New Jersey with a newly announced development agreement in Middlesex, Mercer and Essex counties.

BRC: Industrial users ink deals in Linden, Kearny as small-bay and IOS demand continues

A global freight forwarding and logistics firm has signed a 20,000-square-foot industrial lease in Linden, in one of several recent transactions by Bussel Realty Corp.

P3 buys 147-unit Passaic rental property in $49 million deal with Birch Group, C&W says

P3 Properties has made a major acquisition in Passaic, adding a 147-unit multifamily property with further development potential in a deal arranged by Cushman & Wakefield.

CBRE: Hoboken retail property, would-be development site, trades for $8.2 million

A developer is eyeing plans for a new mixed-use project in Hoboken after acquiring a downtown retail property for more than $8 million, brokers with CBRE announced Monday.

Columbia Bank debuts in Rutherford with 2,300 sq. ft. lease arranged by Goldstein Group

Columbia Bank has opened a new branch in downtown Rutherford, where it occupies some 2,300 square feet that it secured with the help of The Goldstein Group.

NAI Hanson brokers sale of 153,000 sq. ft. shallow-bay portfolio in Westchester County

An investment firm has purchased more than 153,000 square feet of shallow-bay industrial space in New York’s Westchester County, in a deal arranged by NAI James E. Hanson.

Let it snow: What winter really does to construction in Jersey

Winter in the Northeast doesn’t just slow projects down. It complicates everything. And when temperatures dip into the single digits, the margin for error disappears entirely.