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.

Government & Public Policy

Greek postpones implosion at ex-Nabisco complex in Fair Lawn

Greek Development has postponed an implosion at the former Nabisco complex in Fair Lawn — where it’s slated build a new ground-up distribution center — amid residents’ calls for expanded environmental testing at the historic property.

Residential & Mixed Use

Joint venture acquires 101-year-old Divine Riviera Hotel in Newark, in LRES-brokered deal

A local buyer has purchased a historic and culturally significant hotel in Newark’s Central Ward, in a newly announced deal by Logistics Real Estate Services.

Retail

LMC: Rare anchor space to come available at Edgewater retail complex

An anchor retail space will soon be available at a prominent mixed-use development in Edgewater, offering 24,000 square feet at a site that draws more than 1 million visits per year.

Health Care & Education

Atkins, Denholtz acquire 490,000 sq. ft. health care campus in Westchester County

Atkins Cos. and Denholtz Properties have teamed to acquire a 490,000-square-foot health care and medical office campus in Westchester County.

Residential & Mixed Use

KRE Group breaks ground on 239-unit rental project at ex-Mondelez site in East Hanover

Kushner Real Estate Group has broken ground on a new 239-unit luxury apartment property in East Hanover, as it expands its portfolio of garden-style multifamily assets.

Office

Veris Residential completes $420 million sale of 1.9 million sq. ft. Harborside complex

Veris Residential Inc. has completed its high-profile, $420 million sale of Harborside buildings 1, 2 and 3 in Jersey City, the real estate investment trust said Wednesday.

People

Saxum promotes Schoer, Malavarca amid firm’s ongoing growth

Investment and development firm Saxum Real Estate has announced the promotion of two key members of its Summit-based team.

Industrial

Data services firm renews 7,600 sq. ft. industrial lease in Branchburg, C&W says

A cloud services company has signed a renewal at a Branchburg industrial building, where it occupies more than 7,600 square feet.

Retail

Cervelli: Juice bar takes 1,100 sq. ft. at new Jersey City apartment building

The developer of a new apartment building in Jersey City has lured a juice bar to its ground-floor retail space, in a deal arranged by Cervelli Real Estate & Property Management.

The Morris County EDC Presents the 30th Annual Partners in Economic Development Awards

At the 30th Annual Partners in Economic Development Awards, industry experts from around the state will discuss real estate development in New Jersey and its potential for the next five years. The Morris County Economic Development Corporation is hosting this conference, which will occur on Friday, April 14, 2023, at the Hyatt Regency Morristown. This is a fantastic opportunity for attendees to gain valuable insight into current trends and strategies in real estate development and network with other professionals in the field.