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.

Professional Services
C&W, with new-look multifamily team, aims to grow its share of private client investment sales

Cushman & Wakefield is leaning into New Jersey’s middle-market apartment sector, seeking to capture new business within the asset class while exposing a new crop of private clients to the firm’s well-established, highly accomplished capital markets team in the region.

Office
CBRE: New Jersey office demand slumps in Q3 despite bursts in Hudson waterfront, Princeton

Office leasing in northern and central New Jersey slowed in the third quarter, a report by CBRE found, as tenants grappled with economic headwinds despite some bright spots in the market.

Events
NAIOP New Jersey unveils President’s Awards, Hall of Fame honorees for Nov. 6 program

NAIOP New Jersey will honor eight members and commercial real estate industry leaders next month when it hosts its annual President’s Awards and Hall of Fame Dinner.

Industrial
Woodmont, logistics firm ink 54,000 sq. ft. lease at new Woodbridge industrial building

Woodmont Industrial Partners has leased more than 54,000 square feet at its newly completed industrial property just off Route 440 in Woodbridge.

Residential & Mixed Use
New 170-unit Bloomfield rental property more than 50 percent leased

Platinum Developers has filled more than 50 percent of a new 170-unit luxury multifamily property in downtown Bloomfield.

Residential & Mixed Use
Developers launch sales, eye groundbreaking for 132 luxury condos in Long Branch

A joint venture is moving ahead with plans for a new condominium property in Long Branch, in a project that would bring another 132 luxury homes to the city’s fast-growing shoreline.

Industrial
JLL: Construction set to slow in New Jersey industrial market, easing supply of new deliveries

New construction is outpacing leasing volume in New Jersey’s industrial real estate market, but a new report suggests that could change as development becomes increasingly difficult.

Residential & Mixed Use
Regan Development, HMFA debut 85-unit senior, supportive housing project in Little Ferry

Regan Development Corp. has opened a new 85-unit apartment building in Little Ferry that will provide affordable housing for seniors and residents with special needs.

Office
Radiology practice takes 16,000 sq. ft. in Mount Laurel, WCRE says

A radiology group has leased more than 16,000 square feet of office space in Mount Laurel, in a newly announced deal by Wolf Commercial Real Estate.

Retail
RIPCO inks Roseland retail deals with UPS, Below Body Bar for combined 2,700 sq. ft.

A wellness center and a UPS Store have combined to lease nearly 2,700 square feet at a Roseland shopping center, brokers with RIPCO Real Estate announced.