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.

T-Mobile takes 2,200 sq. ft. in downtown Newark, Goldstein Group says

T-Mobile is adding a new location in Newark after leasing more than 2,200 square feet at a prominent corner in the downtown, brokers with The Goldstein Group said Monday.

Café set to open at new luxury apartment complex in Bogota

A new eatery is coming to the ground floor of a recently opened luxury apartment complex along the banks of the Hackensack River in Bogota.

Which state or federal policy issues could be most impactful to commercial real estate in 2022?

We assembled a panel of industry experts to tackle this month’s question. Here’s what they had to say: Bob Atkins, principal, Atkins Cos. (West Orange) The possible elimination or limiting of the 1031 tax exchange program could have profound impacts…

Piscataway industrial park trades for $10.5 million, NAI DiLeo-Bram says

A trailer leasing company has acquired a Piscataway industrial park for $10.5 million, in a newly completed transaction by NAI DiLeo-Bram & Co.

Three architects named principals at Wayne-based Di Cara | Rubino

Di Cara | Rubino Architects has named three new principals after a series of promotions at the Wayne-based firm.

CHA unveils new hospitality-infused, 100,000 sq. ft. senior living facility in East Hanover

A developer has unveiled a new 123-unit senior living facility in East Hanover, the first piece of what is slated to be a new hospitality-focused brand in health care and real estate.

The value of a pre-construction and development manager

Construction and development has time and time again proven to be an unpredictable environment. That is especially evident in today’s climate amidst the rollercoaster of material and labor costs, shifting demand of assets and challenges navigating political landscapes. For any novice or even seasoned property owner, this provides an extra layer of challenges when it comes to development. A proactive solution for owners to mitigate risk and explore additional value is to secure a strong Construction Manager.

Fidelco set to revive Newark office tower, in firm’s latest project in downtown neighborhood

Fidelco Realty Group is revitalizing a well-known office tower in downtown Newark at a cost of more than $30 million, with plans that include a sweeping physical upgrade, the addition of a new bar and restaurant and the creation of flexible workspace to serve technology startups. — All renderings courtesy: Fidelco/Perkins Eastman

Terreno adds Kearny industrial parcel for $26.3 million, NAI Hanson says

Terreno Realty Corp. has acquired a 5.4-acre industrial property in Kearny for more than $26 million, in a transaction arranged by NAI James E. Hanson.

Chilmark: Engineering firm leases 29,000 sq. ft. in Parsippany

An engineering firm has taken nearly 29,000 square feet of office space in Parsippany, in a newly announced deal by Chilmark Real Estate Services.