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.

Industrial
HRP inks 80,000 sq. ft. lease for first deal at new Jersey City logistics park

Hilco Redevelopment Partners has secured its first tenant at a new industrial park in Jersey City, inking an 80,000-square-foot lease with a global logistics firm.

Finance & Capital Markets
JLL: Continental snags $50 million construction loan for 169-unit Livingston rental project

Continental Properties has landed a nearly $50 million construction loan for a planned 169-unit upscale apartment property in Livingston, in a newly announced deal by JLL.

Industrial
REDCOM adds 40,000 sq. ft. at South Brunswick industrial building, BRC says

REDCOM Design & Construction has expanded by 40,000 square feet at a South Brunswick industrial building, according to a leasing team with Bussel Realty Corp.

Office
Catholic Charities signs two office leases in Hamilton, Fennelly says

A local Catholic Charities affiliate has leased nearly 17,000 square feet of office space across two buildings in Hamilton, brokers with Fennelly Associates said Thursday.

Retail
LMC: Habit Burger leases 3,100 sq. ft. for new pad location at Hamilton retail center

A new Habit Burger Grill is coming to Hamilton Plaza, a nearly 176,000-square-foot shopping center at a busy intersection in Hamilton.

Office
Vantage Commercial brokers sale of twin office buildings in Camden County

A two-building, 20,000-square-foot office portfolio has changed hands in Camden County’s Waterford Township, under a deal arranged by Vantage Commercial.

Industrial
Caesarstone takes 35,000 sq. ft. at newly built warehouse in Fairfield, CBRE says

Luxury countertop maker Caesarstone has leased more than 35,000 square feet of newly built industrial space in Fairfield, in a deal arranged by CBRE.

Office
SJP breaks ground on 260,000 sq. ft. Sanofi office building at M Station in Morristown

Construction is set to begin on Sanofi’s new 260,000-square-foot flagship office building in Morristown, under the second phase of a high-profile redevelopment by SJP Properties.

Residential & Mixed Use
C&W: Pomeranc Group buys 465-unit Wayne rental property, inks $98 million acquisition loan

The Pomeranc Group has acquired a 465-unit apartment complex in Wayne, having also secured nearly $98 million in Fannie Mae financing for the deal.

Industrial
Bridge acquires 115,000 sq. ft. industrial service facility in Linden

Bridge Industrial has made another deal under its growing acquisition platform, adding a 115,000-square-foot service facility in Linden.