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

GZA hires Bavendam as project manager, transportation lead in New York and New Jersey

GZA GeoEnvironmental Inc. has named a new project manager and leader for its growing transportation planning practice in New York and New Jersey.

Residential & Mixed Use

Advance debuts 20,000 sq. ft. of indoor amenities at new 399-unit Harrison rental project

Advance Realty Investors has unveiled more than 20,000 square feet of indoor amenity space at The Wyldes, its newest luxury apartment building in Harrison’s Riverbend District.

Residential & Mixed Use

Cervelli: Leasing launches at new boutique Jersey City apartment building

Leasing is underway at a new 18-unit apartment building in Jersey City’s burgeoning McGinley Square section, where a developer is offering both loft-style and modern luxury rentals.

Retail

Just Salad expands in New Jersey with 2,300 sq. ft. lease in Paramus, Goldstein Group says

Fast casual chain Just Salad has found a new location on Route 17 after taking more than 2,300 square feet in Paramus, brokers with The Goldstein Group announced Monday.

Community

Mc Gowan Builders CEO gifts $25,000 to Meadowlands Y, prepares to conclude board service

Mc Gowan Builders CEO Patrick Mc Gowan has made another sizable gift to the Meadowlands Area YMCA, donating $25,000 to the organization as he prepares to step down from its board.

Remembering Jim Garibaldi, longtime CEO of fourth-generation brokerage firm

James J. Garibaldi, a prominent commercial real estate broker in New Jersey who spent 23 years as CEO of The Garibaldi Group in Chatham, has died at age 72.

Finance & Capital Markets

Ridgecut, Marcus Partners ink $9 million refi for South Plainfield industrial parcel, C&W says

A joint venture has secured nearly $9 million in financing for an industrial outdoor storage property in South Plainfield, in a deal arranged by Cushman & Wakefield.

Professional Services

JLL taps ex-Savills Studley chief Colacino as president for tristate brokerage

JLL has welcomed veteran commercial real estate executive Michael Colacino as its president for tristate brokerage.

Retail

LMC survey: Retailers show measured optimism, expect modest growth this holiday season

Retailers are cautiously optimistic about this year’s holiday shopping season, with many expecting modest growth and that sales would peak before Thanksgiving and Black Friday.

Industrial

Petrucci breaks ground on 107,000 sq. ft. industrial building off I-295 in Salem County

J.G. Petrucci Co. Inc. has broken ground on its latest industrial project in South Jersey, a 107,000-square-foot facility just north of Interstate 295 in Salem County.