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.

R.J. Brunelli: Franchisee brings cookie chain to New Jersey, eyes additional sites

A cookie delivery and takeout chain is preparing to open its first store in New Jersey, as a franchisee seeks additional locations in the central and southern parts of the state.

Accordia adds three tenants, completes lease-up of new-look retail space

Accordia Realty Ventures has signed three new retail leases at a property in Bergen County, bringing it to full occupancy after an extensive renovation in recent years.

Newmark: Availability grows in North Jersey office market, despite improved outlook

The amount of available office space in New Jersey grew further in the second quarter, despite leases by technology and life sciences tenants and signs of improvement on the horizon.

Brookfield fund acquires Somerset site, eyes 176,000 sq. ft. industrial project, CBRE says

An investment fund has acquired more than 15 acres in the Somerset section of Franklin, where it plans to break ground next year on a new 176,000-square-foot industrial building.

Supplement maker takes 20,000 sq. ft. at East Hanover flex industrial building

A maker of dietary supplements has leased 20,000 square feet at a flex industrial building in Morris County, according to a brokerage team with Newmark Associates.

WCRE: Legal aid nonprofit renews, expands for 6,500 sq. ft. in Freehold

A legal aid organization has renewed and expanded its lease at a Freehold office building, under a newly announced deal by Wolf Commercial Real Estate.

Developers open outdoor space at Jersey City rental building, completing amenity offering

A development group has completed the roll-out of more than 100,000 square feet of amenity space for a three-building, 600-unit luxury apartment complex in Jersey City.

Newly opened Shops at Ledgewood Commons shows potential of ‘de-malling’ done right

Developers say the future of retail is now on display in Roxbury, where Advance Realty Investors has transformed an aging, enclosed mall into a 450,000-square-foot, open-air destination with centralized parking and a new Walmart Supercenter as its anchor.

NorthMarq inks $13 million bridge loan for Bergen County apartment builder

The developer of a 49-unit apartment building in Bergen County has secured more than $13 million in financing, in a deal arranged by NorthMarq.

Demand for lab space still strong in New Jersey, fueling rent growth but little new construction

Continued demand for life sciences space in New Jersey and other top markets has fueled an uptick in rental rates over the past year, according to a new report by CBRE.