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
Berkadia: Investor buys 33-unit Newark apartment building for $4.3 million

An investor has purchased a 33-unit apartment building in Newark for $4.3 million, in one of several recent deals by Berkadia’s New Jersey team.

Office
Video surveillance firm expands by 7,000 sq. ft. at Sanzari’s Glenpointe campus in Teaneck

A video surveillance company is expanding in Teaneck after leasing more than 7,000 square feet of additional office space from Alfred Sanzari Enterprises.

Office
Blau & Berg: Real estate firm eyes expansion with new office space in downtown Freehold

A real estate and construction firm is on the move as part of a newly signed lease in downtown Freehold, in a deal arranged by The Blau & Berg Co.

Health Care & Education
Sweeping renovation underway at assisted living, health care campus in Allendale

The team behind a 146,000-square-foot assisted living and health care facility in Allendale has kicked off a multimillion-dollar renovation of the property.

Residential & Mixed Use
LeFrak lands planning board approval for two-tower, 322-unit rental project in Jersey City

LeFrak has secured a key approval to build another 322 apartments in Jersey City, joining a growing list of developers in an area just south of Hoboken and west of the Holland Tunnel.

Residential & Mixed Use
Walters eyes 2024 delivery of new 63-unit affordable housing property in Chatham

Walters has broken ground on a new 63-unit apartment community in Chatham, in the latest piece of the developer’s fast-growing pipeline of affordable housing.

Residential & Mixed Use
Iron Ore hits leasing milestone, rents two-thirds of 120-unit Plainfield apartment building

A development team has leased nearly two-thirds of a new 120-unit apartment building in Plainfield, reaching the milestone less than four months after unveiling the property.

Health Care & Education
Health care user takes 4,400 sq. ft. at West Windsor office building, Fennelly says

The owner of a West Windsor office building has added to its tenant roster with a new lease of nearly 4,500 square feet, according to a brokerage team with Fennelly Associates.

People
Meno joins Levin Management Corp. as controller

Levin Management Corp. has added a veteran finance and accounting professional as a controller on its North Plainfield-based team.

Retail
Accurate, DeVimy unveil ground-up 140,000 sq. ft. retail project in Morris Township

A joint venture has taken the wraps off a 140,000-square-foot retail center in Morris Township, delivering a new, ground-up space that will house more than two dozen businesses.