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.

Finance & Capital Markets
JLL: Nutley, Palisades Park apartment owner lands $46 million financing package

The owner of two garden apartment complexes in Essex and Bergen counties has secured nearly $46 million in financing, in a set of newly announced transactions by JLL.

Industrial
Donnelly eyes start of 25,000 sq. ft. warehouse project in Wayne

A construction firm has announced plans for a new 25,000-square-foot industrial building in Wayne, the first of two slated for a site at the western edge of the township.

Industrial
Duke Realty names new development associate in New Jersey

Duke Realty has hired Gregg Bazzani as a development associate in New Jersey.

Residential & Mixed Use
Prism hits 50 percent leased milestone at 232-unit Woodbridge rental project

Prism Capital Partners has rented 50 percent of its new 232-unit luxury apartment building in downtown Woodbridge, hitting the milestone in less than three months.

Residential & Mixed Use
Tantum, public officials hail opening of veterans housing building in Jersey City

Tantum Real Estate has opened the doors to a new boutique apartment building in Jersey City that will provide affordable housing to military veterans and other residents.

Professional Services
Colliers touts new hires for New Jersey leasing, investment sales teams

Colliers has named Charles Calvert as a managing director in its fast-growing Princeton office, the real estate services firm announced Tuesday.

Retail
Investment firm buys ShopRite-anchored retail center in Millville

An investment firm has expanded its portfolio in the region with the purchase of a 393,000-square-foot, grocery-anchored shopping center along Route 47 in Millville.

Residential & Mixed Use
KRE, Silverman launch leasing at Lehigh Valley rental property

Two well-known New Jersey developers have all but completed a new 273-unit luxury apartment property about 30 miles west of their home state.

Finance & Capital Markets
G.S. Wilcox inks $7.5 million loan for Long Island retail center owner

The longtime owner of a 45,000-square-foot shopping center on Long Island has secured $7.5 million in financing, in a newly announced transaction by G.S. Wilcox & Co.

Industrial
Top brokerage team led by Lissner, Waxman joins C&W industrial group

A team led by two of the state’s top industrial brokers has joined Cushman & Wakefield, bringing a vast network of owner and occupier clients in an asset class that has soared to unprecedented levels in recent years.