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
Bergman scores $23 million to refi 219,000 sq. ft. Rochelle Park office building, C&W says

Bergman Real Estate Group has secured a $22.5 million loan to refinance a nearly 219,000-square-foot office building in Rochelle Park, in a deal arranged by Cushman & Wakefield.

Professional Services
RRNNJ marks 35 years of client partnerships, market leadership

Commercial real estate leaders came together last week as Resource Realty of Northern New Jersey celebrated its 35th anniversary and the clients that have helped it reach the milestone.

Finance & Capital Markets
Kennedy Funding closes loan to update Central Florida senior housing

A senior housing community in Central Florida is set to be renovated with the help of a newly completed loan by Englewood-based Kennedy Funding.

Professional Services
Gilbane taps Anderson as new business leader of New Jersey office

Gilbane Building Co. has a new leader in its New Jersey office after promoting John E. Anderson III, a veteran project manager and member of its team for more than a decade.

Finance & Capital Markets
JLL: Developers land permanent financing for 67-unit Ho-Ho-Kus rental project

A joint venture has closed on permanent financing for a newly completed, 67-unit luxury apartment property in Ho-Ho-Kus, brokers with JLL announced Wednesday

Retail
Prism adds Chase, Chipotle to growing retail mix at ON3 campus

Prism Capital Partners has signed new leases to bring Chase and Chipotle to its ON3 campus in Clifton and Nutley, expanding its retail mix after the arrival of Starbucks late last year.

Professional Services
Mandelbaum Barrett adds Hockstein as partner, expands to Hudson County

Hudson County real estate attorney Linda J. Hockstein has joined Mandelbaum Barrett PC, giving the firm a strong presence in the region as development continues along the Gold Coast.

Retail
MilkShake Factory set to open in Jersey City, with two other New Jersey locations to follow

MilkShake Factory, a premium dessert brand, is entering New Jersey with three newly announced locations set to open over the next year.

Community
NAIDB marks Hunger Action Month at Community FoodBank of New Jersey

Food insecurity was the focus of the latest community outreach initiative for NAI DiLeo-Bram & Co., whose team volunteered recently at the Community FoodBank of New Jersey in Hillside.

Residential & Mixed Use
JLL: Site Centers sells Edgewater property with Whole Foods, 64 apartments for $53 million

A local investor has acquired a Whole Foods-anchored retail center and 64 apartments in Edgewater for more than $53 million, in a newly announced deal by JLL.