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.

Industrial
Elberon’s Gibbons honored with Elizabeth Development Co. Lifetime Achievement Award

Elberon Development Group CEO Dave Gibbons has received the Lifetime Achievement Award from the Elizabeth Development Co., the public nonprofit organization that has helped guide economic growth in the city for more than 45 years.

Professional Services
Greenberg Traurig’s Lipner rises to shareholder

Greenberg Traurig LLP has elevated real estate attorney David B. Lipner from associate to shareholder.

Residential & Mixed Use
Procida taps McCann Team as agents for Plaza Grande in Cherry Hill

Procida Funding & Advisors has selected the McCann Team of Keller Williams as its agents for a collection of new age-restricted homes at the Plaza Grande development in Cherry Hill.

Events
Denholtz, McGuinness among honorees slated for NAIOP New Jersey gala in May

Denholtz Properties CEO Steven Denholtz will be the latest recipient of NAIOP New Jersey’s lifetime achievement award, headlining a list of honorees for the chapter’s spring gala that will also include its own former longtime chief executive.

Events
Jersey City Summit set for May 29 with high-profile speaker list still growing

Plans for this year’s Jersey City Summit are quickly taking shape, with featured guests set to include Gov. Phil Murphy, Mayor Steve Fulop and legendary developer Joe Panepinto Sr. alongside dozens of other owners, investors and key players in the city’s renaissance.

Professional Services
NAIDB honors Sciortino, other key team members as part of Women’s History Month

NAI DiLeo-Bram & Co. is honoring its longtime business and senior marketing coordinator and several other key team members as part of its Women’s History Month observance.

Retail
Boaggio’s Bread inks lease at Mount Laurel shopping center, Vantage Commercial says

A specialty bakery is growing in Mount Laurel after leasing space at a shopping center near Route 73, brokers with Vantage Commercial announced this week.

Industrial
Ridgecut closes on development site, eyes 146,000 sq. ft. warehouse project in Orange County

Ridgecut Road has closed on a development site in New York’s Orange County where it plans to build more than 146,000 square feet of new high-end industrial space.

Industrial
Goodman buys ex-Daily News printing plant in Jersey City, eyes redevelopment

By Joshua Burd Goodman Group has acquired the longtime site of the New York Daily News’ printing plant in Jersey City, with plans to repurpose or redevelop the complex as modern industrial space. The sellers, a partnership between the New…

Industrial
Demand soars for ‘community solar’ projects on warehouses, as state program enters new phase

Landlords are expanding their participation in New Jersey’s nation-leading Community Solar Energy Program, which allows property owners to lease their rooftops to solar developers, as the state transitions from a pilot phase to a permanent model.