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.

Owners Council Q&A: Lance Bergstein

The market has really ebbed and flowed over the last 12 months. There were spurts of positive progress coupled with deterrents. I think this recent rate cut will help the macro environment but many of the fundamentals have remained the same. As a whole, the country is in an interesting political environment, which is perhaps more impactful to the economy than raw economic data.

Join us Dec. 9 for The State of Redevelopment: Multifamily and Mixed-Use

Hear the latest in development, tenant demand and other trends in warehouse and logistics space.

Finance & Capital Markets

Weiss, Amboy Bank close $50 million construction loan for 240-unit Delran rental project

Weiss Properties has closed on a $50 million construction loan from Amboy Bank for a project that will bring 240 luxury rentals to the Burlington County township of Delran.

NAIDB named leasing agent for 17,000 sq. ft. Bridgewater warehouse space

The owner of a nearly 17,000-square-foot warehouse space in Bridgewater has tapped NAI DiLeo-Bram & Co. as the property’s exclusive leasing agent.

Sitex nears full lease-up of new-look Zuckerberg’s Industrial Park in Saddle Brook

Sitex Group has crossed a key leasing threshold at a 40-building industrial complex in Saddle Brook that it acquired in 2023 before launching a major update of the property.

Hackensack office site sold as part of planned affordable housing project, NAI Hanson says

An affordable housing agency has added to a development site in Hackensack with its purchase of a downtown office property, according to a brokerage team with NAI James E. Hanson.

Deluccia: Billiards, social lounge leases 5,700 sq. ft. on Bound Brook thoroughfare

A new billiards and social lounge concept has taken 5,700 square feet along a key commercial corridor in Bound Brook, in a newly announced deal by Deluccia Commercial Group.

Wharton buys 91,000 sq. ft. small-bay portfolio in southeast Pennsylvania

Wharton Industrial has added to its holdings in the region, acquiring more than 91,000 square feet of small-bay industrial space in Pennsylvania under a newly announced joint venture.

Longpoint unveils new 75,000 sq. ft. warehouse just off I-78 in Irvington

Longpoint has taken the wraps off more than 75,000 square feet of new industrial space in Irvington, seeking to capitalize on a location directly north of Interstate 78.

Residential & Mixed Use

Value Cos. affiliate to lease, manage new 60-unit Donnelly rental project in Denville

Donnelly Construction is nearing completion of a new 60-unit luxury apartment building in Denville, where it has tapped Value Cos. Inc. to spearhead leasing and management.