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
Investor buys 80-unit Bergen County apartment complex for $20 million, Gebroe-Hammer says

The longtime owner of an 80-unit garden apartment complex in Bergen County has sold the property for nearly $20 million, according to brokers with Gebroe-Hammer Associates.

Office
Autism service provider takes 4,800 sq. ft. in downtown Chatham, NAI Hanson says

An autism service provider has leased nearly 5,000 square feet of medical office space in Chatham, in a newly announced deal by NAI James E. Hanson.

Retail
March Associates taps RIPCO as property manager for 50,000 sq. ft. Wayne retail center

March Associates Construction has hired RIPCO Real Estate to manage its recently built, 50,000-square-foot retail center in Wayne.

People
Spencer promotes 30-year company veteran to senior vice president, home finance director

Spencer Savings Bank has announced the promotion of a lending executive with some three decades with the company and five decades in the industry.

Residential & Mixed Use
Atlantic City: Design team touts upgrades at 153-unit affordable housing portfolio

The owner of three affordable housing properties in Atlantic City has unveiled a major renovation of the 153-unit portfolio.

Health Care & Education
Atkins, mental health practice complete lease at medical office building in Medford

Atkins Cos. has signed a lease to bring a counseling and therapy practice to a 46,000-square-foot medical office building in Burlington County.

Residential & Mixed Use
Belgiovine sworn in as NJBA president, helming five-member executive board

The New Jersey Builders Association has installed its new executive board, including a 45-year construction and real estate industry veteran as its president for the next 12 months.

Industrial
Greek files plans for 644,000 sq. ft. logistics facility at former Nabisco plant in Fair Lawn

Greek Development has revealed new details of its plan to bring modern industrial space to the former Nabisco plant site in Fair Lawn, where demolition is well underway.

Professional Services
Rock Brook taps workplace technology leader as executive director

Rock Brook has bolstered its team of consultants and engineers with the addition of a longtime expert in workplace technology, the Monroe-based firm announced.

Professional Services
A.Y. Strauss adds veteran real estate attorney as partner

Boutique law firm A.Y. Strauss has named a new partner in its commercial real estate group.