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.

Finance & Capital Markets
Alpine snags $72 million refi loan for new 201-unit Jersey City rental property, JLL says

Alpine Residential has landed nearly $72 million in permanent financing for a portfolio of 201 newly built apartments in Jersey City’s Bergen-Lafayette section.

Finance & Capital Markets
SK, Berger land $250 million in financing for 396-unit Newark rental project, W&D says

A joint venture’s plan to bring nearly 400 new apartments to downtown Newark is advancing with more than $250 million in capital commitments arranged by Walker & Dunlop.

Residential & Mixed Use
Vango kicks off 60-unit rental project in downtown Westfield, eyes early 2027 delivery

Vango Development has broken ground on a planned 60-unit luxury apartment building in Westfield as part of a long-awaited addition to the Union County town.

Finance & Capital Markets
C&W: Fort Lee’s 309-unit FIAT House project refinances for $85.5 million

The developer of the distinctive FIAT House project in Fort Lee has closed on more than $85 million in financing for the 309-unit property, according to brokers with Cushman & Wakefield.

Industrial
Contract packaging firm leases 19,000 sq. ft. in Kearny in deal arranged by BRC

A contract packaging company has taken more than 19,000 square feet at a Kearny industrial building, brokers with Bussel Realty Corp. announced Monday.

Office
CPN: Longtime tenant buys 1,500 sq. ft. office building in Skillman

A tenant at a 1,500-square-foot commercial building in Somerset County has purchased the property for $320,000, in a deal arranged by Commercial Property Network Inc.

Residential & Mixed Use
Triangle, Incline unveil 400 rentals in sweeping project at East Orange’s Brick Church Station

The first apartments at a major mixed-use project in East Orange have hit the market, with leasing now underway at the collection of 400 homes at NJ Transit’s Brick Church Station.

Industrial
C&W industrial team inks $257 million in Q4 investment sales in North Jersey, Hudson Valley

Investors are clamoring for industrial property in and around New Jersey, as evidenced by a slew of recent deals completed by a Cushman & Wakefield team focused on the asset class.

Retail
Buyer wanted for grocery-anchored, 362,000 sq. ft. retail asset in White Plains, JLL says

A key downtown retail property in New York’s Westchester County is on the market for sale under a recently launched offering by JLL’s Morristown-based capital markets team.

Retail
RIPCO: Kura, fast-growing revolving sushi concept, opens 3,700 sq. ft. Freehold location

A sushi chain has opened a new location at Freehold Raceway Mall, its sixth in New Jersey, continuing an expansion in the region led by brokers with RIPCO Real Estate.