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
Ex-fitness facility in Glassboro trades in 25-acre deal by Vantage Commercial

A local business owner has acquired two parcels in Glassboro, including one that’s home to a 33,000-square-foot former athletic facility, in a deal by Vantage Commercial Real Estate.

Retail
Hunterdon County retail center rebounds with the help of small businesses, entrepreneurs

A stream of new leasing activity has revitalized a Hunterdon County shopping center, creating a home for entrepreneurs and other small businesses outside the traditional retail space.

Office
AEP, with Newmark brokers, launches leasing at Harborside 6 after $46 million acquisition

Nearly 200,000 square feet of office space in Jersey City has hit the market for the first time in years, following American Equity Partners’ recent acquisition of what’s known as Harborside 6.

Residential & Mixed Use
Kislak inks multifamily deals in Passaic, Orange totaling $3.9 million

A building with 23 apartments and a restaurant space in Passaic has traded for $2.5 million, in one of two newly announced deals by The Kislak Co. Inc.

Retail
Mixed-use portfolio in Morris Plains trades for $2 million, JLL says

The longtime owner of two mixed-use buildings and a warehouse in Morris Plains has sold the portfolio for $2 million, in a newly announced deal by JLL.

Government & Public Policy
Trenton Housing Authority names co-developer for North Trenton revitalization plan

The Trenton Housing Authority has tapped Property Resources Corp. as its co-developer for a plan that would bring more than 500 new homes to the city’s Battle Monument neighborhood.

Retail
Sherwin-Williams takes 3,200 sq. ft. on Route 17 in Ramsey, Goldstein Group says

Sherwin-Williams has leased more than 3,200 square feet of highway retail space in Ramsey, brokers with The Goldstein Group announced Monday.

Residential & Mixed Use
URW, Mill Creek reveal new details of plan to transform Westfield Garden State Plaza

The owner of Westfield Garden State Plaza in Paramus is offering a fresh look at its plan to reimagine the iconic mall, as it prepares for a late 2024 groundbreaking at the 30-acre site.

Residential & Mixed Use
Russo unveils final rental building in Union, completing more than 1,200 units at ex-Merck site

Russo Development has marked the opening of more than 300 new luxury apartments in Union Township, the final piece of a sweeping plan to transform a 42-acre former Merck & Co. campus adjacent to Kean University.

Industrial
RIPCO: Rug, home décor business inks 15,000 sq. ft. industrial lease in North Brunswick

A rug and home décor retailer has leased 15,000 square feet of industrial space in North Brunswick, in a newly announced deal by RIPCO Real Estate.