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.

Photos
Association honors Jersey City apartment developers, builders in inaugural awards program

Real estate leaders along the Hudson waterfront took center stage last week when the Jersey City Apartment Owners Association hosted a newly launched awards program.

Residential & Mixed Use
New 52-unit luxury rental building in Pompton Lakes fetches $20 million, Hudson Atlantic says

A private investor has purchased a newly completed, 52-unit apartment building in Pompton Lakes for $20 million, according to a brokerage team with Hudson Atlantic Realty.

Industrial
ReadySpaces takes 82,000 sq. ft. at North Bergen industrial building

Co-warehousing firm ReadySpaces has leased more than 82,000 square feet in North Bergen, in a transaction arranged by the William F. Connors Agency.

Office
Six office tenants lease 22,000 sq. ft. at 30 Montgomery in Jersey City, C&W says

Six tenants have combined to lease nearly 22,000 square feet at an office building in downtown Jersey City, in a series of recent deals arranged by Cushman & Wakefield.

Residential & Mixed Use
Halpern plans early 2024 delivery for new 337-unit rental project in Jersey City

A new 337-unit luxury apartment building in Jersey City’s growing West Side neighborhood is on track to open in early 2024, developer Halpern Real Estate Ventures said Thursday.

Industrial
Camber, Advance sell 770,000 sq. ft. Bergen County industrial portfolio in deal with Faropoint

Camber Real Estate Partners and Advance Realty Investors have sold more than 770,000 square feet of industrial space in Bergen County, brokers with Cushman & Wakefield announced.

Residential & Mixed Use
BNE set to unveil new 245-unit luxury rental project in Chatham

Nearly 250 new luxury apartments are coming to Chatham under a soon-to-be-completed project by BNE Real Estate Group.

Residential & Mixed Use
CBRE: One-acre site near Bayonne studio project sold, slated for redevelopment

Texaco Downstream Properties has sold a one-acre parcel across from a planned 1 million-square-foot film studio project in Bayonne, in a newly announced deal by CBRE.

Community
Eden Autism Services honors Fennelly, touting his role in raising $2.8 million for nonprofit

Eden Autism Services has recognized Fennelly Associates President Jerry Fennelly for his efforts to help raise $2.8 million over the past two decades.

People
KRE Group taps real estate industry veteran Bulbin as director of acquisitions

Kushner Real Estate Group has hired a veteran industry executive to spearhead its growing acquisitions platform.