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.

Health Care
The Clinical Group taps Fiorillo, double board-certified plastic surgeon, as chief medical officer

The Clinical Group has appointed Dr. Michael Fiorillo as its chief medical officer, bringing new expertise to its Hackensack-based team of health care real estate consultants.

Residential & Mixed Use
JLL: Owner of garden apartments in Sayreville, Paterson seeking buyer for 271-unit portfolio

A multifamily owner has tapped JLL to sell a two-property, 271-unit portfolio in Sayreville and Paterson that the listing team says offers “immense” upside through ongoing renovations.

Residential & Mixed Use
C&W: Multifamily investor demand spikes in New Jersey, fueling $2.3 billion in 2025 sales

Multifamily sales volume in New Jersey reached $2.3 billion in 2025, a report by Cushman & Wakefield found, in a sharp rebound fueled by investor demand and record-high occupancy.

Professional Services
PS&S grows South Jersey presence with employee, practice transfer from Marathon Engineering

PS&S is once again expanding its team of consultants and design professionals, announcing an employee and practice transfer agreement with Swedesboro-based Marathon Engineering.

Residential & Mixed Use
Hoboken rental property, would-be redevelopment site, trades for $2.2 million, Marcus says

A private investor in Hoboken has purchased a vacant apartment building with redevelopment potential, paying nearly $2.2 million in a deal arranged by Marcus & Millichap.

Residential & Mixed Use
URW, Mill Creek break ground on new town green with 575 rentals at Garden State Plaza

A long-awaited plan to expand and diversify Westfield Garden State Plaza in Paramus is moving ahead with construction set to begin on a new public plaza and 575 luxury apartments.

Health Care
HMH debuts pioneering health care center at Metropark — and a blueprint for NJ Transit

A facility that’s meant to be a model of inclusive, convenient access to health care is also a template for the type of transit-oriented development that is critical to New Jersey’s future.

Retail
PRCP closes $54 million sale of high-end Bridgewater retail center to Urban Edge, JLL says

Urban Edge Properties has completed its purchase of more than 92,000 square feet of upscale retail space in Bridgewater, in a $54.3 million deal arranged by JLL.

Residential & Mixed Use
Longtime owners sell 26-unit East Orange apartment building in $2.6 million deal by ICON

A family ownership group has sold a 26-unit apartment building in East Orange for nearly $2.6 million, according to a listing team with ICON Real Estate Advisors.

Residential & Mixed Use
CBRE: North Jersey investor seeking buyer for 209-unit East Orange multifamily portfolio

The owner of a new two-building, 209-unit apartment portfolio in East Orange has listed the properties for sale, brokers with CBRE announced Wednesday.