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
Developer eyes debut of new retail center at ex-Colgate site in Morris Twp., Jeffery says

A developer is nearing completion of a new 140,000-square-foot retail and dining property in Morris Township that will be home to some two dozen tenants.

Office
CentralReach, with all-remote workforce, opens new 25,000 sq. ft. meeting hub at Bell Works

A software firm has opened its new office at the acclaimed Bell Works campus in Holmdel, where it has taken 25,000 square feet despite having a fully remote workforce.

Residential & Mixed Use
Atlantic City: Blatstein pitches $3 billion housing, commercial project at Bader Field site

Bart Blatstein, the owner of the Showboat Atlantic City, is pitching a new $3 billion plan that would bring 10,000 residential units, 400,000 square feet of commercial space and vast stretches of open space to the long-vacant Bader Field site in the city.

Residential & Mixed Use
Denholtz, Redwood eye start of construction for 143-unit Bound Brook rental project

Denholtz Properties and Redwood Real Estate Group are set to break ground on a new 143-unit luxury apartment building in downtown Bound Brook, the firms announced Monday.

Industrial
Self-storage developers fill pipeline in New Jersey, New York as demand heats up, C&W says

An infusion of new self-storage space is coming to the New Jersey and New York region, where rents are rising amid a shrinking supply and other barriers to new development.

Professional Services
Longtime retail brokers Winters, Horne join RIPCO New Jersey team

RIPCO Real Estate has added two veteran retail brokers as executive vice presidents, helping to bolster its team in the New Jersey market.

Professional Services
JLL Capital Markets details new promotions, hire on Morristown-based graphics team

JLL has announced two promotions and a recent hire as part of the ongoing growth of its Morristown-based capital markets office.

Office
Needleman affiliate buys 40,000 sq. ft. Marlton office building, WCRE says

An investor has sold a 40,000-square-foot office building along Route 73 in Burlington County, in a newly announced deal by Wolf Commercial Real Estate.

Office
Fiserv unveils 428,000 sq. ft. fintech innovation hub at The Park in Berkeley Heights

A new fintech hub has arrived in New Jersey with the debut of Fiserv Inc.’s 428,000-square-foot office and research space at The Park in Berkeley Heights.

Industrial
CenterPoint breaks ground on 320,000 sq. ft. Linden industrial project

CenterPoint Properties has broken ground in Linden on a building that will house more than 320,000 square feet of new industrial space minutes from Port Newark-Elizabeth.