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.

Retail
Unity Bank unveils new full-service Lakewood branch, plans additional site in Fort Lee

Unity Bank has opened a new full-service branch in Lakewood and is planning another in Fort Lee, as the Clinton-based lender expands its footprint across the state.

Residential & Mixed Use
Hoboken: Two-story townhomes now available for sale at landmark Wonder Lofts project

The team behind the adaptive reuse project known as Wonder Lofts is now marketing a group of for-sale, townhome-style units at the Hoboken condominium property.

Retail
Renaissance Properties touts debut of bagel shop at mixed-use Chesterfield project

A new bagel shop has opened at the mixed-use development in Burlington County known as The Shops at Old York Village, under a recently announced lease by Renaissance Properties.

Industrial
Dallas-based Hillwood taps Makris, former Duke Realty team to lead Northeast expansion

Hillwood, the Dallas-based industrial developer, is expanding on the East Coast with the hiring of a former Duke Realty Corp. team to lead new offices in Jersey City and Philadelphia.

Residential & Mixed Use
Tulfra breaks ground on Rochelle Park apartments, with $35 million construction loan in hand

Tulfra Real Estate has broken ground on a new 160-unit multifamily development in Rochelle Park, the latest piece of a mixed-use site directly south of Westfield Garden State Plaza.

Office
SJP touts completed buildout of 300,000 sq. ft. Eisai U.S. headquarters at Nutley’s ON3

SJP Project Solutions has completed its buildout of Eisai Inc.’s new headquarters in Nutley, where the pharmaceutical company occupies 300,000 square feet as part of the ON3 campus.

Office
Buyer adds 5,000 sq. ft. office, retail property in Chatham for $2.35 million, Kislak says

An office and retail property in Chatham has changed hands for $2.35 million — or $470 per square foot — in a newly announced deal by Kislak Commercial Real Estate Services Inc.

Retail
Blau & Berg: Site of ex-bakery in Kearny sold, slated for renovations

The former site of a well-known bakery in Kearny has changed hands, brokers with The Blau & Berg Co. announced Wednesday.

Finance & Capital Markets
JLL: Denholtz inks $11 million permanent loan for 288-unit high-rise complex in Rahway

Denholtz Properties has closed on $11 million in permanent financing for a two-building, 288-unit apartment property in downtown Rahway.

Residential & Mixed Use
Paramount nears completion of 70-unit rental building in Plainfield

Paramount Assets is set to unveil a new 70-unit luxury apartment building in Plainfield that has helped revitalize the former site of a used car dealership.