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.

Retail

Shoppes at Flemington trades for $6.25 million, Marcus & Millichap says

An investor has purchased a nearly 131,000-square-foot retail center in Flemington for $6.25 million, in a newly announced deal by Marcus & Millichap.

Industrial

Denholtz enters Texas market, acquires new 213,000 sq. ft. industrial campus

Denholtz Properties has added to its portfolio outside New Jersey with more than 213,000 square feet of newly built industrial space near Austin, Texas.

Finance & Capital Markets

Northwind, 601W close $65 million loan for Harborside 5 acquisition in Jersey City

The 601W Cos. has landed $65 million in financing for its acquisition of Jersey City’s nearly 1 million-square-foot Harborside 5 office tower.

Residential & Mixed Use

Kushner breaks ground on 299 apartments, supermarket in key gateway project for downtown Long Branch

Kushner is set to begin construction on a project that will bring nearly 300 new apartments and a supermarket to Long Branch, helping to jumpstart the long-awaited development of a neighborhood just west of the city’s booming waterfront.

Office

CBRE named leasing agent at 405,000 sq. ft. Parsippany office building

The owner of a 405,000-square-foot office building in Parsippany has appointed CBRE as its leasing agent, the brokerage team announced Wednesday.

Retail

Sherwin-Williams takes 4,000 sq. ft. at new mixed-use campus in Bordentown, BRC says

Sherwin-Williams has leased 4,000 square feet at a new Bordentown retail property, in a deal arranged by Bussel Realty Corp.

Professional Services

InSite Engineering debuts Manahawkin office, eyeing southward expansion

InSite Engineering LLC has expanded its footprint at the Jersey Shore with a new office in Manahawkin.

With new $100 million rescue capital fund, Denholtz sees long-term value in solving short-term challenges

Denholtz Properties is raising $100 million for its new rescue capital fund, with plans to draw on its own vertically integrated, in-house team to find investments and make them successful as it looks to build new long-term relationships in the industry.

Office

Zimmel: Health care consulting firm takes 16,000 sq. ft. in Matawan office deal

A health care consulting firm has leased more than 16,000 square feet at a Matawan office building, in a newly announced deal by Zimmel Associates.

Residential & Mixed Use

Developers welcome first renters to 39-unit property in Jersey City

The first renters have arrived at a new 39-unit apartment building in Jersey City’s Bergen-Lafayette neighborhood, following the launch of leasing earlier this year.