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
Reynolds buys 360-unit rental portfolio in Texas, its latest out-of-state acquisition

Paramus-based Reynolds Asset Management has made two additions to its out-of-state holdings, acquiring a combined 360 apartments across two properties in Texas for $23 million.

Industrial
JLL: Owner-occupier seeking buyer for 169,000 sq. ft. light industrial building in Fairfield

The site of a nearly 170,000-square-foot light industrial building in Fairfield is on the market for sale, providing what brokers say is a value-add opportunity in a tight submarket.

Office
Accordia Realty Ventures details new office, retail deals in Essex and Bergen counties

Accordia Realty Ventures has announced several new leases and renewals at office buildings in northern New Jersey, part of a flurry of year-end activity for the Fairfield-based firm.

Residential & Mixed Use
CIS launches leasing at 154-unit affordable housing property in Marlboro

Leasing is underway at the newest affordable housing property developed by Community Investment Strategies Inc., a 154-unit complex in the Morganville section of Marlboro.

Office
NAIDB: Vein centers ink leases in northern, central New Jersey for more than 11,000 sq. ft.

Two vein centers are expanding in northern and central New Jersey with more than 11,200 square feet of combined leasing activity, in a series of deals by NAI DiLeo-Bram & Co.

Office
Avon sells longtime R&D center in Suffern, New York to Regeneron, C&W says

Regeneron Pharmaceuticals has acquired Avon’s longtime research and development hub in Suffern, New York, a 235,000-square-foot facility less than a mile from the New Jersey border.

Residential & Mixed Use
Hartz Mountain unveils new 262-unit upscale rental property in Weehawken’s Lincoln Harbor

Hartz Mountain Industries has taken the wraps off a new 262-unit luxury apartment property in Weehawken, in a high-profile addition to its acclaimed Lincoln Harbor neighborhood.

Industrial
STRO, Moda Foods ink 23,000 sq. ft. industrial lease in Fairfield, C&W says

The STRO Cos. has secured a new tenant for a Fairfield industrial building after agreeing to lease nearly 23,000 square feet to a specialty foods distributor.

Retail
Deluccia Commercial: Specialty flower, gift shop takes 6,000 sq. ft. in Piscataway

A flower and gift shop has leased nearly 6,000 square feet of retail space in Piscataway, in a deal arranged by Deluccia Commercial Group.

Residential & Mixed Use
Salowe-Kaye, longtime head of New Jersey Citizen Action, tapped to lead nonprofit partner of Community Investment Strategies

The longtime head of an influential grassroots organization is now leading the Communities First Initiative, the nonprofit partner of Lawrenceville-based Community Investment Strategies Inc.