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.

Residential & Mixed Use
Investor buys three-property, 41-unit apartment portfolio in Paterson

A private investor has purchased a 41-unit apartment portfolio in Paterson for more than $5.1 million, in a newly announced deal by RIPCO Real Estate.

Office
TFE adds 22,000 sq. ft. office, medical building in East Brunswick

TFE Properties LLC has acquired a nearly 22,000-square-foot commercial and medical office building off Route 18 in East Brunswick, the firm announced.

Professional Services
Longtime broker, entrepreneur joins Sitar as senior director

A veteran broker has joined Sitar Realty Co. as a senior director, with a focus on leasing and sales of restaurants, retail, warehouse and multifamily properties.

Industrial
Denholtz completes new 41,000 sq. ft. flex industrial building in Hamilton

Denholtz Properties has delivered more than 40,000 square feet of new flex industrial space in Hamilton with the completion of a project just off Interstate 195.

Finance & Capital Markets
Slate Property Group closes $160 million bridge loan for 432-unit Journal Square rental tower

Namdar Group has landed a $160 million bridge loan for its newly completed, 432-unit apartment tower in Jersey City’s burgeoning Journal Square section.

Residential & Mixed Use
Kaplan debuts new townhomes in Sayreville, completing 1,500-unit development after 35 years

A sprawling residential development in Sayreville has entered its final stages after 35 years with the completion of 102 rental homes overlooking Cheesequake Park.

Top News
Real estate magnate, philanthropist Wentworth to be inducted to New Jersey Hall of Fame

Real estate and business titan Finn Wentworth will be among this year’s inductees to the New Jersey Hall of Fame, joining a who’s who of past and present leaders in industry, culture and sports in the Garden State.

Residential & Mixed Use
Developer unveils 170-unit upscale apartment complex in Bloomfield

A developer has opened the doors to a new two-building, 170-unit luxury apartment property just west of NJ Transit’s Bloomfield station.

Top News
Hackensack business group releases trend report on shopper habits, wants for downtown

Hackensack’s Main Street Business Alliance has released its first trend report aimed at highlighting city residents’ preferences and shopping habits, marking another step in the effort to revitalize the central business district.

Retail
Gelato, coffee shop opens at The Mint in downtown Rahway

A resident of a new apartment complex in downtown Rahway has opened a gelato and coffee shop inside the property’s ground-floor retail space.