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.

Residential & Mixed Use
CIS breaks ground on long-awaited, 20-unit affordable housing project in Haddonfield

Community Investment Strategies Inc. has broken ground on a new townhome community in Haddonfield that it says will provide the borough with a needed infusion of affordable housing.

Residential & Mixed Use
Developer refis Teaneck multifamily project with $74 million loan, Eastern Union says

The developer of a 256-unit apartment building in Teaneck has snagged more than $74 million in financing for the project, according to a debt placement team with Eastern Union.

Retail
Goldstein Group: Paris Baguette leases 4,700 sq. ft. for newly opened store in Paramus

Paris Baguette has opened a new location in the region after taking nearly 5,000 square feet at a Paramus shopping center, brokers with The Goldstein Group announced this week.

Industrial
Endurance, JLL ink leases at new two-building, 289,000 sq. ft. industrial park in Burlington

Endurance Real Estate Group LLC has completed two leases that have helped fill nearly 300,000 square feet of newly delivered warehouse space in Burlington Township.

Residential & Mixed Use
Larken kicks off 120-unit rental project in Pohatcong, its latest expansion in multifamily

Larken Associates has broken ground on a new 120-unit multifamily project in Pohatcong, continuing its rapid expansion in Warren County and across the region.

Industrial
Blau & Berg: State extends 13,000 sq. ft. lease at East Hanover industrial, research building

The state of New Jersey has extended its lease for more than 13,000 square feet at an East Hanover industrial building, brokers with The Blau & Berg Co. announced Tuesday.

Residential & Mixed Use
Kislak inks trade of 29-unit apartment building in Rockland County

A private apartment owner has added 29 units to its portfolio in New York’s Rockland County, in a newly announced deal by The Kislak Co. Inc.

Sponsored Content
Perfect timing: The importance of the Aspire Tax Credit Program in a changing commercial real estate market

Now, more than ever, government incentives are needed to fill financing gaps, and the work done over the past three years to get the Aspire program up and running is going to pay off big time for developers trying to get shovels in the ground.

Industrial
Marcus Partners acquires soon-to-be-vacant, 112,000 sq. ft. industrial building in Boonton

Marcus Partners has added to its holdings in northern New Jersey with the purchase of more than 110,000 square feet of industrial space in Boonton.

Residential & Mixed Use
Russo unveils highly touted 296-unit rental property near Newark’s Broad Street Station

Russo Development’s new upscale apartment property in Newark is set to open its doors, in a key milestone in the firm’s high-profile entrance to the state’s largest city.