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.

Current Issue
Owners Council Q&A: Lou March Jr.

There’s a sense of cautious optimism across the industry. With that said, launching large-scale construction projects remains a challenge due to financing hurdles and broader economic headwinds.

Current Issue
Owners Council Q&A: Stefan Sansone

The market has stabilized compared to last year. While leasing velocity has tempered from its pandemic-era peak, we remain optimistic about New Jersey’s infill and functional industrial product.

Current Issue
Owners Council Q&A: Mark Shearer

We are seeing more tours from brand name companies with great credit, but decision makers still aren’t ready to make a commitment. Liquidity is coming back into the market; Amazon is back in the market. Construction starts are down and the fundamentals are improving but there is still uncertainty in the market.

Residential & Mixed Use
BLDG Management details proposed 1,300-unit Jersey City rental project with ‘sculptural’ design, 20 percent affordable housing

BLDG Management has unveiled a proposal for a new two-tower, 1.6-million-square-foot multifamily property that would add some 1,300 apartments to downtown Jersey City.

Government & Public Policy
Commercial, multifamily leaders outline top policy goals for new Sherrill administration

Leaders of the state’s main commercial and multifamily real estate organizations are embracing the chance for a fresh start under Gov.-elect Mikie Sherrill, seeking to tackle everything from housing costs to energy policy when she takes office in early 2026.

Finance & Capital Markets
Avison Young adds Schnürr, veteran capital markets broker, as principal in Morristown office

Avison Young has bolstered its capital markets group in New Jersey with the addition of Matthew Schnürr as a principal.

Retail
Doren Development eyes new QuickChek store, gas station in Howell after local approval

Doren Development has secured a key local approval to build a new QuickChek store along Route 9 in Howell, with construction slated to begin just under a year from now.

Retail
Deluccia: Warren retail center fully leased after fitness, hair salon deals

A fitness concept and a hair salon have leased a combined 8,300 square feet at a Warren retail center, in a set of newly completed deals by Deluccia Commercial Group.

Retail
Norman’s Hallmark opens at Flemington Marketplace

Norman’s Hallmark has taken the wraps off a new 4,100-square-foot store at the prominent Flemington Marketplace on Route 202.

Government & Public Policy
Circulate NJ congratulates Sherrill, pledges to work with governor-elect to support logistics sector

Circulate NJ, the fast-growing business coalition supporting the state’s logistics industry, is pledging to work with Gov.-elect Mikie Sherrill after the Democrat’s convincing win in Tuesday’s election.