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
Arden, Spitzer eye 2024 delivery after topping out 26-story Journal Square apartment tower

The developers of a new 390-unit luxury apartment tower in Jersey City are on track to deliver the building next year after recently completing its concrete frame.

Professional Services
Caryl Communications scores PR industry award for work with LMC retail survey

A top trade association has honored Hoboken-based Caryl Communications for its work involving a longtime client in the commercial real estate sector.

Retail
Cherry Hill Mall owner welcomes Eddie V’s, with additional tenants still to come

A new Eddie V’s restaurant has opened its doors at the Cherry Hill Mall, as the property’s owner prepares to welcome several other tenants in the months ahead.

Industrial
Wharton-led venture sells 1.3 million sq. ft. Pennsauken industrial portfolio for $195 million

Wharton Industrial and Walton Street Capital have sold a 1.3 million-square-foot industrial portfolio in Pennsauken for nearly $195 million, the firms announced Thursday.

Residential & Mixed Use
KS Group, Giga eye 1,300-unit multifamily project after buying Newark parcel

A joint venture has acquired a development site in downtown Newark where it ultimately hopes to build two luxury apartment towers with a combined 1,300 units.

Industrial
NAI Hanson: Construction firm expands from Queens, buys Hackensack industrial building

A construction firm has acquired a 2,600-square-foot industrial building in Hackensack as part of a plan to expand from Queens, in a newly announced deal by NAI James E. Hanson.

Industrial
New Metro Self Storage opens on Route 34 in Monmouth County

Metro Storage LLC has opened a new 558-unit facility in Monmouth County, as the operator expands its footprint in New Jersey to nearly a dozen locations.

Retail
Local business buys former dry cleaner site in Camden County, Vantage Commercial says

A local business owner has acquired a commercial building in Camden County’s Winslow Township, according to a broker with Vantage Commercial.

Retail
Developers sell ground lease for Walmart-occupied property in Linden, SRS says

A joint venture has sold a ground lease for the site of a four-year-old Walmart in Linden, in a newly announced deal by SRS Real Estate Partners.

Residential & Mixed Use
Woodmont hails lease-up of 443-unit luxury rental property in West Windsor

Woodmont Properties has leased up its new 443-unit luxury multifamily property just off Route 1 in West Windsor.