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
BNE set to unveil new 245-unit luxury rental project in Chatham

Nearly 250 new luxury apartments are coming to Chatham under a soon-to-be-completed project by BNE Real Estate Group.

Residential & Mixed Use
CBRE: One-acre site near Bayonne studio project sold, slated for redevelopment

Texaco Downstream Properties has sold a one-acre parcel across from a planned 1 million-square-foot film studio project in Bayonne, in a newly announced deal by CBRE.

Community
Eden Autism Services honors Fennelly, touting his role in raising $2.8 million for nonprofit

Eden Autism Services has recognized Fennelly Associates President Jerry Fennelly for his efforts to help raise $2.8 million over the past two decades.

People
KRE Group taps real estate industry veteran Bulbin as director of acquisitions

Kushner Real Estate Group has hired a veteran industry executive to spearhead its growing acquisitions platform.

Finance & Capital Markets
G.S. Wilcox sources $31 million loan for 152,000 sq. ft. spec industrial project in Middlesex

A developer has secured $30.5 million in financing for a 152,000-square-foot industrial building in Middlesex County, according to a debt placement team with G.S. Wilcox & Co.

Retail
SportsMed Physical Therapy takes 2,600 sq. ft. in Linden, Lee & Associates New Jersey says

A fast-growing physical therapy chain has leased 2,600 square feet of retail space in Linden, in a newly announced deal by Lee & Associates New Jersey.

Industrial
BRC: Logistics provider inks 35,000 sq. ft. renewal in Linden

Logistics firm AEX Group has signed a 35,000-square-foot lease renewal at a Linden industrial building, brokers with Bussel Realty Corp. announced Tuesday.

Photos
Tulfra welcomes hundreds for annual ‘Octulfrafest’ event in Rochelle Park (SLIDESHOW)

A throng of real estate professionals converged on Rochelle Park recently for Octulfrafest, Tulfra Real Estate’s annual mash-up of business networking and German-themed revelry.

Office
Honeywell renews 40,000 sq. ft. office lease in Hamilton, Fennelly says

Honeywell International Inc. has renewed a 40,000-square-foot lease at a Hamilton office campus, in a newly announced deal by Fennelly Associates.

Current Issue
Owners Council Q&A: Alex Cocoziello

It feels that the market is at an inflection point. Geographic location, product type and risk profile determine the ability to raise capital, both debt and equity. Fundamental demand remains firm across the multifamily, industrial, life science and the retail sector, but volatility in monetary policy, the rates market and uncertainty surrounding construction costs have kept capital deployment tepid.