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.

Events
Denholtz, McGuinness among honorees slated for NAIOP New Jersey gala in May

Denholtz Properties CEO Steven Denholtz will be the latest recipient of NAIOP New Jersey’s lifetime achievement award, headlining a list of honorees for the chapter’s spring gala that will also include its own former longtime chief executive.

Events
Jersey City Summit set for May 29 with high-profile speaker list still growing

Plans for this year’s Jersey City Summit are quickly taking shape, with featured guests set to include Gov. Phil Murphy, Mayor Steve Fulop and legendary developer Joe Panepinto Sr. alongside dozens of other owners, investors and key players in the city’s renaissance.

Professional Services
NAIDB honors Sciortino, other key team members as part of Women’s History Month

NAI DiLeo-Bram & Co. is honoring its longtime business and senior marketing coordinator and several other key team members as part of its Women’s History Month observance.

Retail
Boaggio’s Bread inks lease at Mount Laurel shopping center, Vantage Commercial says

A specialty bakery is growing in Mount Laurel after leasing space at a shopping center near Route 73, brokers with Vantage Commercial announced this week.

Industrial
Ridgecut closes on development site, eyes 146,000 sq. ft. warehouse project in Orange County

Ridgecut Road has closed on a development site in New York’s Orange County where it plans to build more than 146,000 square feet of new high-end industrial space.

Industrial
Goodman buys ex-Daily News printing plant in Jersey City, eyes redevelopment

By Joshua Burd Goodman Group has acquired the longtime site of the New York Daily News’ printing plant in Jersey City, with plans to repurpose or redevelop the complex as modern industrial space. The sellers, a partnership between the New…

Industrial
Demand soars for ‘community solar’ projects on warehouses, as state program enters new phase

Landlords are expanding their participation in New Jersey’s nation-leading Community Solar Energy Program, which allows property owners to lease their rooftops to solar developers, as the state transitions from a pilot phase to a permanent model.

Government & Public Policy
Murphy signs landmark affordable housing bill, creating new framework for development

Gov. Phil Murphy has signed a landmark bill to revamp how New Jersey calculates and enforces each town’s obligations for affordable housing, setting a path for a new phase of residential development across the state under the Mount Laurel doctrine.

Residential & Mixed Use
SLIDESHOW: Atlantic Builders Convention kicks off in Atlantic City

The region’s homebuilding industry took center stage this week as the Atlantic Builders Convention kicked off with its largest crowd and largest slate of exhibitors in years, drawing thousands to the Hard Rock Hotel & Casino Atlantic City for the multiday event.

Industrial
Lee & Associates inks sale of 34-acre industrial-zoned parcel in Morris County

A developer has acquired more than 30 acres of industrial-zoned property in the Morris County township of Mine Hill, brokers with Lee & Associates New Jersey announced.