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.

Retail
Edison Properties adds arts organization with gallery, incubator space to Ironside Newark

Edison Properties has leased another 2,500 square feet at its landmark Ironside Newark property to provide a new home for a locally based gallery and artist incubator space.

Industrial
Electric sports car maker moving from Spain to Sussex County, NAI Hanson says

An electric sports car manufacturer is moving from Spain to Sussex County after leasing more than 10,000 square feet of industrial flex space in Lafayette Township.

Office
Fast-growing law firm expands at Sanzari’s Court Plaza in Hackensack

A law firm has nearly tripled its footprint in downtown Hackensack, where it now leases more than 8,000 square feet under a deal with Alfred Sanzari Enterprises.

Technology
More than buzzwords: How Faropoint is using data, artificial intelligence to gain an edge in industrial deals

Investment firm Faropoint is using artificial intelligence to generate new insights on properties, improve its underwriting and support its growing industrial platform, providing a glimpse at a technology that is far from perfect but primed to disrupt commercial real estate in the years to come.

Retail
Restaurant startup Wonder coming to Hoboken after lease with SJP Properties

SJP Properties has signed a new lease that will bring a restaurant and technology startup to its Waterfront Corporate Center property in downtown Hoboken.

Residential & Mixed Use
Two-building, 22-unit apartment portfolio in Paterson fetches $2.9 million, Marcus says

A private investor has purchased a 22-unit apartment portfolio in Paterson for nearly $3 million, in a transaction arranged by Marcus & Millichap.

Retail
Former Giants star Victor Cruz inks lease in Paterson for burger chain franchise store

A burger restaurant led by former New York Giants star Victor Cruz has leased 2,400 square feet in his hometown of Paterson, in a newly announced deal by The Goldstein Group.

Residential & Mixed Use
Reynolds acquires 125-unit rental complex outside Cleveland for first Midwest property

Reynolds Asset Management is expanding to the Midwest with its acquisition of a 125-unit apartment complex outside Cleveland, the Paramus-based real estate firm announced.

Industrial
Dalfen buys new 110,000 sq. ft. warehouse in Somerset, in firm’s first Central Jersey deal

Investment firm Dalfen Industrial has expanded to central New Jersey with its purchase of a nearly 100,000-square-foot warehouse in Franklin’s Somerset section.

Residential & Mixed Use
Inspired lands key approval, eyes 2024 groundbreaking for Asbury Park luxury condos

Inspired by Somerset Development has received site plan approval to bring 155 upscale condominiums and retail space to a parcel one block from Asbury Park’s iconic boardwalk.