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
Cabinet wholesaler takes 15,000 sq. ft. at Linden industrial building, BRC says

A cabinet wholesaler has signed a full-building lease for nearly 15,000 square feet of industrial space in Linden, according to brokers with Bussel Realty Corp.

Industrial
Fennelly inks sale of two-building, 14,000 sq. ft. industrial portfolio in Ewing to tenant

A tenant at two Mercer County industrial buildings has purchased both properties for a combined $1.53 million, brokerage firm NAI Fennelly announced Tuesday.

Residential & Mixed Use
NAI Hanson: Vernon senior housing plan moves forward after sale of development parcels

A developer has acquired several parcels in Sussex County with approvals in place to build a new 55-unit senior housing community, in a deal arranged by NAI James E. Hanson.

Residential & Mixed Use
Connell details plans for new residential, retail phases at landmark Berkeley Heights campus

The Connell Co. has unveiled new details of a plan to transform its flagship business park in Berkeley Heights, having secured approvals to add more than 300 apartments and a sprawling entertainment, dining and retail space across five new buildings.

Residential & Mixed Use
Micro-apartments coming to Newark, as concept expands in New Jersey cities

A developer is set to open more than 100 micro-apartments in downtown Newark, marking at least the second such project in New Jersey and the growth of a concept that could soon spread to other small and midsized cities.

Professional Services
MIG Real Estate opens new office in Newark for growing brokerage, property management team

Brokerage and property management firm MIG Real Estate has opened a new office in Newark’s Ironbound section that will serve its growing roster of multifamily investor clients.

Professional Services
NAI Hanson’s Chris Todd named SIOR New Jersey secretary

A key broker with NAI James E. Hanson has assumed the post of New Jersey chapter secretary with the Society of Industrial and Office Realtors.

Retail
Goldstein Group: Salon studio comes to Midland Park, leases 7,500 sq. ft.

A salon studio chain has leased 7,500 square feet at a long-vacant commercial building in Midland Park, in a newly announced deal by The Goldstein Group.

Residential & Mixed Use
Treuhold Capital, Coldwell Banker debut latest phase of Northvale condo project

A developer and its sales team have unveiled the latest piece of a previously stalled, age-restricted condominium community in the Bergen County borough of Northvale.

Finance & Capital Markets
JLL: Buyer sought for Meadowlands hotel site with multifamily redevelopment prospects

The site of the Hilton Meadowlands Hotel and its parking lot in East Rutherford is on the market for sale, in an offering that could yield two multifamily redevelopment opportunities.