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.

Office
Investment adviser extends 40,000 sq. ft. lease in Bridgewater

A financial services firm that occupies more than 40,000 square feet of office space in Bridgewater has extended its lease, according to a broker with Avison Young.

Retail
Azarian: Pediatric dentist, urgent care ink leases at grocery-anchored center in Allendale

Two health care tenants are coming to an Allendale shopping center, leasing a combined 5,370 square feet under a set of deals arranged by Azarian Realty Co.

Professional Services
Violet PR promotes Forrest to vice president

Violet PR has promoted Christina Forrest to vice president, touting her role in growing the Montclair-based firm since joining its team nearly a decade ago.

Residential & Mixed Use
Coldwell Banker Realty New Homes tapped to market two Sussex County projects

The builders of two new housing developments in Sussex County have picked Coldwell Banker Realty New Homes to lead sales and marketing for the projects.

Finance & Capital Markets
Penwood snags $40 million acquisition loan for 274,000 sq. ft. Bordentown warehouse, JLL says

An investment manager has added to its New Jersey real estate holdings, acquiring a Bordentown industrial building with the help of a $40 million loan arranged by JLL.

Industrial
Principal breaks ground on 191,000 sq. ft. North Brunswick warehouse project, Peak says

Construction is underway on a project that will bring more than 190,000 square feet of new industrial space to a stretch of Route 1 in North Brunswick.

Residential & Mixed Use
Accurate unveils new 252-unit Bayonne rental property

Development firm Accurate has launched leasing at a new collection of 252 luxury apartments along the fast-growing Bayonne waterfront.

Government & Public Policy
Perth Amboy eyes redevelopment of key sites around city train station, highway networks

Officials in Perth Amboy are hoping to sharpen their focus on three key redevelopment areas in the city, touting their access to mass transit and the region’s vast highway network.

Industrial
Local firm buys 40,000 sq. ft. warehouse, office building in Garwood, NAI DiLeo-Bram says

A local investor has purchased a 40,000-square-foot commercial property in Garwood for $3.8 million, according to brokers with NAI DiLeo-Bram & Co.

Finance & Capital Markets
JLL inks $47 million Fannie Mae loan to refi Ocean County apartments

The owner of a garden apartment complex in Ocean County has refinanced the property for more than $47 million, brokers with JLL announced Tuesday.