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.

Office
Signature Acquisitions adds three tenants in Cranford as part of Q3 leasing activity

Signature Acquisitions has inked three new leases at a Cranford office building, helping to fuel nearly 24,000 square feet of activity across its New Jersey portfolio in the third quarter.

Office
As Newark’s office market grows, panelists see new strength in city’s long-held assets

Despite uncertainty about the broader office market, the local landscape in Newark is changing for the better, as corporations place a greater premium on culture, experiences and other assets that have long existed in the city alongside its connectivity and access to talent.

Residential & Mixed Use
BNE debuts luxury rentals in Chatham, providing a new gateway to Morris County borough

BNE Real Estate Group has opened the doors to its new upscale multifamily property in Chatham — one that’s a far cry from the boutique project it envisioned just a few years ago.

Finance & Capital Markets
Denholtz launches rescue capital fund amid real estate market uncertainty

Denholtz Properties has launched what it’s describing as a rescue capital fund aimed at helping commercial real estate operators who are grappling with the market’s financial challenges.

Finance & Capital Markets
Cronheim: NRDC refis Walmart-anchored center in Burlington County for $11 million

National Realty & Development Corp. has secured $11 million to refinance a 328,000-square-foot shopping center in Cinnaminson, in a deal arranged by Cronheim Mortgage.

Retail
Blue Foundry, Kessler open inside new retail building at Prism project in Dunellen

Blue Foundry Bank and Kessler Rehabilitation Center have opened their doors as the first retail tenants at The Nell, Prism Capital Partners’ mixed-use development in downtown Dunellen.

Retail
Waxing chain L.A. Bikini takes 1,900 sq. ft. at Livingston Town Center, Azarian says

A high-end waxing salon has leased nearly 1,900 square feet at the mixed-use Livingston Town Center, in a newly announced deal by Azarian Realty Co.

Industrial
Solar Landscape debuts two rooftop projects at Exit 8A as clean energy program accelerates

Solar Landscape has completed its latest projects in New Jersey with the debut of rooftop solar installations at two warehouses in the Exit 8A submarket.

Top News
Jeremy Farrell, LeFrak executive and key figure in Jersey City, dies at age 44

The LeFrak Organization is mourning the loss of Jeremy Farrell, a key executive with the real estate firm and the former corporation counsel for Jersey City.

Industrial
Four-building, 1 million-square-foot warehouse portfolio on the market for sale in Secaucus

A family office is seeking a buyer for 1 million square feet of industrial space in the Meadowlands, offering a portfolio that reportedly could trade for some $400 million.