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.

Woodmont, Canoe Brook launch leasing at 199-unit Randolph rental property

Woodmont Properties and Canoe Brook Development have unveiled their latest joint venture, launching leasing at a 199-unit luxury rental property along Route 10 in Randolph.

TFE sells 93,000 sq. ft. Fair Lawn shopping center one year after acquisition

TFE Properties has sold a nearly 93,000-square-foot shopping center with redevelopment potential in Fair Lawn, inking the deal less than a year after acquiring the property.

Urban Edge, Chip City ink 800 sq. ft. lease to fill Marlton shopping center

Urban Edge Properties has signed an 800-square-foot lease with Chip City Cookies, bringing another tenant to a grocery-anchored shopping center in Evesham Township.

Prism’s ON3 campus welcomes 90,000 sq. ft. Hackensack Meridian Health facility

The new 90,000-square-foot Hackensack Meridian Health & Wellness Center has opened its doors at ON3, Prism Capital Partners’ signature mixed-use campus in Nutley and Clifton.

Onyx named first official supporter for FIFA World Cup New York New Jersey Host Committee

Onyx Equities is set to play a major role in next year’s FIFA World Cup, announcing Wednesday that it has become the first official supporter for the New York New Jersey Host Committee.

Faropoint, Deugen ink $33 million loan for 195,000 sq. ft. New Brunswick warehouse project

Faropoint and Deugen Development have closed on a $33 million construction loan for a new two-building industrial project in New Brunswick, in a deal arranged by Cushman & Wakefield.

Newark Alliance unites three city organizations to expand key growth initiatives

Three of Newark’s key economic development organizations have come together in a move to further their missions while streamlining their efforts to enhance the state’s largest city.

Developer buys would-be residential site in Union City for $2.6 million, Marcus says

A residential development site in Union City has changed hands for more than $2.6 million, according to a brokerage team with Marcus & Millichap.

Developers break ground on 230-unit Watchung rental project just west of Route 22

A joint venture has closed on the site of a planned six-building, $104 million project that will bring 230 luxury apartments to Watchung, where construction is now underway.