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
Developer inks $5.4 million refi of new 19-unit Bayonne rental building, HKS says

The owner of a newly completed, 19-unit apartment building in Bayonne has refinanced the property for $5.4 million, in a deal arranged by HKS Real Estate Advisors.

Retail
BRC: Wingstop, Monmouth Spine & Wellness lease space at Rahway retail center

The owner of a Rahway shopping center has secured two new tenants with a set of leases totaling more than 2,300 square feet, brokers with Bussel Realty Corp. announced.

Residential & Mixed Use
Fields Grade, Ursa debut 336-unit rental property in burgeoning Jersey City neighborhood

A new luxury apartment building is hitting the market in Jersey City, bringing another 336 units to a former industrial area that’s now a burgeoning residential neighborhood.

Industrial
Resource Realty: Orthotic footwear maker adds 136,000 sq. ft. in three Bergen County deals

A manufacturer of orthotic footwear is expanding with the help of Resource Realty of Northern New Jersey, having leased nearly 136,000 square feet of industrial space in recent months.

Professional Services
Greenbaum’s Mlenak picked for prestigious American College of Real Estate Lawyers

Steven G. Mlenak, a top redevelopment and land use attorney with Greenbaum Rowe Smith & Davis LLP, has joined the prestigious American College of Real Estate Lawyers as a fellow with its Class of 2024.

Community
‘Cornhole for a Cause’ event, slated for May 2, to support United Way of Northern New Jersey

The annual Cornhole for a Cause charity event is less than three weeks away, as organizers look to support an important cause with the help of New Jersey’s commercial real estate sector.

Deals
Vantage Commercial inks sale of 2,500 sq. ft. Willingboro building, two other deals

A freestanding building in Burlington County is set to become an ethnic grocer after changing hands, in one of three newly announced deals by Vantage Commercial.

Retail
Honeygrow signs lease in Bridgewater, eyes summer debut for seventh New Jersey store

Honeygrow, the fast-casual stir fry and salad chain, has added another location in New Jersey with a new lease at a Bridgewater shopping center.

Retail
ULI awards showcases the best in land use, redevelopment while highlighting ongoing challenges in New Jersey (SLIDESHOW)

Th Urban Land Institute’s Northern New Jersey chapter hosted its largest event of the year, honoring projects, professionals and companies in nearly 20 categories as recipients called for continued cooperation between developers and policymakers.

Residential & Mixed Use
Denholtz starts construction on waterfront residential project in Atlantic Highlands

Denholtz Properties has broken ground on a collection of 16 luxury homes in Atlantic Highlands, seeking to lure buyers with what it describes as Nantucket-style living along Sandy Hook Bay.