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
JLL: Construction set to slow in New Jersey industrial market, easing supply of new deliveries

New construction is outpacing leasing volume in New Jersey’s industrial real estate market, but a new report suggests that could change as development becomes increasingly difficult.

Residential & Mixed Use
Regan Development, HMFA debut 85-unit senior, supportive housing project in Little Ferry

Regan Development Corp. has opened a new 85-unit apartment building in Little Ferry that will provide affordable housing for seniors and residents with special needs.

Office
Radiology practice takes 16,000 sq. ft. in Mount Laurel, WCRE says

A radiology group has leased more than 16,000 square feet of office space in Mount Laurel, in a newly announced deal by Wolf Commercial Real Estate.

Retail
RIPCO inks Roseland retail deals with UPS, Below Body Bar for combined 2,700 sq. ft.

A wellness center and a UPS Store have combined to lease nearly 2,700 square feet at a Roseland shopping center, brokers with RIPCO Real Estate announced.

Retail
Popeyes opens in South Brunswick after Goldstein Group-brokered deal

Popeyes has opened a new freestanding restaurant on Route 1 in South Brunswick, following a lease arranged by brokers with The Goldstein Group.

Hospitality & Tourism
How Hampshire, celebrity chef David Burke are partnering to reinvent historic Bernards Inn

A plan to revitalize the historic Bernards Inn is taking shape under a recently announced partnership between The Hampshire Cos., the property’s owner, and celebrity chef David Burke.

Residential & Mixed Use
Owner of 26-unit Weehawken apartment building sells for $5.2 million, Veerman says

A private investor has sold a 26-unit apartment building in Weehawken for $5.2 million, in a newly announced deal by Veerman Asset Management.

Retail
Deals by flooring, martial arts tenants among 20,000 sq. ft. in new retail leases by CBRE

A flooring company has signed a 10,000-square-foot sublease in Carlstadt, in the largest of four newly announced retail deals by CBRE.

Office
New public plaza, park space opens at Jersey City’s Exchange Place PATH station

City officials and business leaders in Jersey City have debuted a new waterfront park for the public and daily office users in the PATH train-anchored Exchange Place district.

Professional Services
Construction firm Magnico bolsters service lines with Newlines, Alpine Air alliances

Construction management firm Magnico has announced two new partnerships aimed at expanding its offerings for clients along the East Coast.