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.

Finance & Capital Markets
C&W: Owner of The Beacon in Jersey City seeking up to $325 million in refinancing

The owner of a landmark 1,155-unit residential complex in Jersey City is seeking to refinance the property for up to $325 million, brokers with Cushman & Wakefield announced.

Industrial
Bus contractor takes 72,000 sq. ft. for North Bergen van depot, Lee & Associates says

A transportation company has expanded its footprint with a new 72,000-square-foot industrial lease in North Bergen, in a deal arranged by Lee & Associates New Jersey.

Professional Services
Private Lender Law acquires industry conference, trade association

The Marlboro-based firm known as Private Lender Law has broadened its role in the industry with the acquisition of an annual conference platform and a trade association.

Health Care & Education
DIGroup grows portfolio of federally qualified health centers with two Bronx projects

New Brunswick-based DIGroup Architecture is marking the growth of its health care portfolio with the debut of a new facility and the groundbreaking for another, both in the Bronx.

Industrial
JLL: Three-building, 174,000 sq. ft. industrial portfolio in Piscataway on the market for sale

The owner of three light industrial buildings in Piscataway has listed them for sale, with the potential to command some $36 million for the nearly 175,000-square-foot portfolio.

Residential & Mixed Use
Indoor amenities open at new Adoni Property Group rental building in Franklin Lakes

Adoni Property Group has unveiled the full slate of indoor amenities at its new 44-unit luxury apartment building in Franklin Lakes.

Industrial
Survival products maker inks $1.8 million sale-leaseback in Trenton, NAI Fennelly says

A company that makes survival products has sold its Trenton manufacturing facility for $1.8 million, in a sale-leaseback deal announced Thursday by NAI Fennelly.

Retail
Clifton salon business opens new location after LMC-brokered lease

A local salon has opened its new 850-square-foot location on Route 46 in Clifton, following a deal arranged by Levin Management Corp.

Industrial
Nonprofit serving the blind, visually impaired takes 10,000 sq. ft. at Pennsauken warehouse

A nonprofit is shifting its warehouse operations after leasing nearly 10,000 square feet of industrial space in Pennsauken, brokers with Vantage Commercial announced.

Residential & Mixed Use
Metropolitan America sells 160 apartments in Trenton for $21 million, CBRE says

An apartment owner has sold a combined 160 units in Trenton for a total of $20.5 million, in a set of newly announced transactions by CBRE.