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
KRE Group debuts 212-unit rental property in Bayonne, in project’s third and final phase

Kushner Real Estate Group has opened the third and final piece of a luxury multifamily development in Bayonne, adding another 212 units to the city’s fast-growing waterfront.

Residential & Mixed Use
JLL: Inspired completes $15 million land deal for 155-unit condo project in Asbury Park

Inspired by Somerset Development has closed on its purchase of a parcel in Asbury Park where it plans to build 155 high-end condominiums and retail space, brokers with JLL announced.

Professional Services
PS&S adds veteran executives in architecture, MEPF engineering amid expansion plans

PS&S has added two key executives as it continues a major expansion of its architecture, engineering, design, surveying and environmental team.

Retail
LMC: Teriyaki restaurant adds second location, takes 2,000 sq. ft. in Jersey City

Quick-service restaurant Sakura Teriyaki has leased nearly 2,000 square feet at Twin City Shopping Center in Jersey City, in a newly announced deal by Levin Management Corp.

Office
Adult daycare facility coming to 67,000 sq. ft. Leonia office building

An office building in Bergen County is finding new life under a plan to renovate and repurpose it as an adult daycare facility.

Residential & Mixed Use
Reynolds eyes 2024 groundbreaking after landing approvals for Princeton Pike redevelopment

Reynolds Asset Management has secured local approvals to redevelop a large piece of a Mercer County office park, where it aims to build more than 200 apartments and retail space.

Professional Services
CSG Law announces new leadership roles for key real estate attorneys

Chiesa Shahinian & Giantomasi PC has announced new leadership roles for its real estate law group after elevating several longtime team members.

Industrial
BLP inks 87,000 sq. ft. in renewals in Hasbrouck Heights, NAI Hanson says

Two tenants at a Hasbrouck Heights industrial building have signed lease renewals totaling more than 87,000 square feet, according to brokers with NAI James E. Hanson.

Retail
Barnes & Noble relocates in Paramus, takes 35,000 sq. ft. in deal arranged by Goldstein Group

Barnes & Noble has found a new home for its Paramus store after leasing 35,000 square feet on Route 17, in a newly announced deal by The Goldstein Group.

Health Care & Education
Health care users combine for 9,800 sq. ft. in new Fennelly deals in Mercer County

An ear, nose and throat practice is expanding in the region after taking space at Robbinsville’s Washington Town Center, in one of three newly announced deals by Fennelly Associates.