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.

Professional Services
Wolfe joins Norris McLaughlin as member with real estate, land use teams

Norris McLaughlin PA has welcomed Amanda Wolfe as the newest addition to its real estate, finance and land use and municipal law practice groups in New Jersey.

Finance & Capital Markets
Valley Bank lends $3.5 million to refi 25,000 sq. ft. medical office building in Fair Lawn

The owner of a nearly 25,000-square-foot medical office building in Fair Lawn has closed on a new $3.5 million commercial mortgage with Valley Bank, the lender announced last week.

Top News
Larken sees ‘sustained momentum’ with 1 million sq. ft. in commercial leasing in 2025

Larken Associates completed more than 1 million square feet of leasing activity across its commercial portfolio in 2025, setting the stage for continued growth in 2026.

Finance & Capital Markets
Bridge Industrial snags $86 million bridge loan for new 356,000 sq. ft. Bayonne warehouse

Bridge Industrial has landed more than $86 million in financing for some 356,000 square feet of newly built warehouse space in Bayonne, in a transaction arranged by JLL.

Finance & Capital Markets
JLL: Investor lands $11.5 million acquisition loan, eyes new grocery-anchored center in Clifton

A developer has secured acquisition financing for a nearly 49,000-square-foot commercial property in Clifton that it plans to reposition as a grocery-anchored retail center.

Office
Social work agencies take space at Paramount Assets tower in Newark, CBRE says

An affiliate of Paramount Assets has filled nearly 7,000 square feet in Newark after leasing space to two growing social work organizations, according to a CBRE brokerage team.

Residential & Mixed Use
Walters opens affordable housing lottery for third and final phase of Galloway project

The final piece of a new affordable housing community in Galloway is taking shape, as its developer prepares to welcome residents as soon as this spring.

Professional Services
Former Gebroe-Hammer brokers Oropeza, Jarvis launch ICON Real Estate Advisors with $35 million sale of Piscataway rental property

Two former brokers with Gebroe-Hammer Associates have launched a new venture, ICON Real Estate Advisors, marking its debut with the sale of a 110-unit rental property in Piscataway.

Office
C&W: Windels Marx takes 12,000 sq. ft. in Florham Park in deal with Vision Properties

Windels Marx, Lane & Mittendorf LLP has found a new home in Morris County after signing a nearly 12,000-square-foot office lease in Florham Park.

Industrial
PSE&G buys Hillside industrial site for $4.4 million, eyeing substation expansion

PSE&G has acquired an industrial outdoor storage parcel in Hillside that will allow it to expand a substation on a neighboring property, brokers with NAI James E. Hanson said Wednesday.