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.

Hospitality & Tourism
Hotels Unlimited unveils new-look Hilton Garden Inn Lakewood after $5 million refresh

Hotels Unlimited Inc. has reopened its Hilton Garden Inn Lakewood, following a $5 million renovation of the 110-room hotel on Route 70.

Residential & Mixed Use
LEG buys 170-unit Long Branch rental property with $122 million equity, debt deal

Lincoln Equities Group has acquired a new 170-unit luxury multifamily property in Long Branch with the help of $121.5 million in equity and financing secured by Walker & Dunlop and as part of an investment sale arranged by Cushman & Wakefield.

Residential & Mixed Use
Panepinto tops out 605-unit high-rise in Journal Square, eyeing spring 2026 debut

Panepinto Properties has reached a key construction milestone for a new 605-unit luxury apartment tower in Journal Square, the revitalized commercial district in Jersey City.

Retail
Longtime owner sells 24,000 sq. ft. Glen Rock retail center in deal arranged by C&W

Brentwood Realty has acquired more than 24,000 square feet of retail space in Glen Rock, in a newly announced deal by Cushman & Wakefield.

Finance & Capital Markets
G.S. Wilcox sources $18 million loan for 123,000 sq. ft. retail property near Philadelphia

The owner of a freestanding supermarket property outside Philadelphia has landed more than $18 million in financing, in a transaction arranged by G.S. Wilcox & Co.

Industrial
Vitamin distributor leases 5,000 sq. ft. at Garwood industrial building, BRC says

A national vitamin distributor has taken more than 5,000 square feet of industrial space in Garwood, according to a brokerage team with Bussel Realty Corp.

Editor’s Note
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Editor’s note: This story has been removed. We apologize for the inconvenience.

Industrial
Resource Realty inks North Jersey industrial sales totaling $7.5 million, plus three leases

Commerce Park Investors has acquired a 28,000-square-foot warehouse in Randolph for $4.5 million, in one of five newly announced deals by Resource Realty of Northern New Jersey.

Retail
Historic retail, office building in downtown Somerville trades for $2.7 million, Kislak says

A historic 45,000-square-foot commercial building in downtown Somerville has changed hands for nearly $2.7 million, according to a brokerage team with The Kislak Co. Inc.

Office
Deluccia: Financial planning firm leases 5,000 sq. ft. at CenterPointe at Bridgewater

A financial planning firm has taken nearly 5,000 square feet of office space at Bridgewater’s CenterPointe campus, brokerage firm Deluccia Commercial Group announced Tuesday.