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
C&W: Advance, Greek land $43 million loan for next phase of Logan industrial site

A development team has secured a nearly $43 million construction loan for the second phase of a 3.2 million-square-foot industrial park project in Logan Township.

Office
Colliers inks sale of 55,000 sq. ft. medical office building in Oradell

An investor has acquired more than 55,000 square feet of medical office space in Bergen County, under a transaction arranged by Colliers International.

Industrial
Maritime logistics firm takes 8,600 sq. ft. in Sayreville, BRC says

A logistics user has leased nearly 8,600 square feet of industrial space in Sayreville, in a newly announced transaction by Bussel Realty Corp.

Residential & Mixed Use
New two-building, 126-unit apartment complex in Hackensack on the market for sale

A developer is seeking a buyer for a newly completed, 126-unit luxury apartment complex at the site of a historic bank tower in Hackensack, according to brokers with Walker & Dunlop.

Policy Page
The future of office work has arrived

The economic rebound is fueling job growth in office-using sectors, which comes as the state lifts requirements that employers accommodate telework arrangements. Now that the future has arrived, I am sure that all employers would agree that employees are the most critical resource for success. Striking the right balance for the new workplace will likely be case-sensitive, and will no doubt take some time and a great deal of patience.

Finance & Capital Markets
Greystone inks $50 million loan for Camden County apartment deal

Greystone has closed nearly $50 million in financing to the buyer of a 484-unit garden apartment complex in Camden County, the commercial real estate lender announced.

Industrial
Essex County industrial parcel sold for $2 million, Lee & Associates New Jersey says

A trucking company has acquired a 1.25-acre industrial parcel in Irvington for just over $2 million, under a newly announced transaction by Lee & Associates New Jersey.

Residential & Mixed Use
Investment firm buys new South Orange apartment building for $9.3 million

A privately held firm has added to its portfolio with the purchase of a recently developed, 22-unit apartment building in downtown South Orange.

Residential & Mixed Use
Twelve-building, 240-unit apartment complex near Princeton on the market for sale

The owner of a 240-unit luxury apartment complex in Mercer County is seeking a buyer for the property, in a newly announced offering by JLL’s New Jersey capital markets team.

Professional Services
Walsh Co. adds veteran project, construction manager as newest principal

The Walsh Co. has made another addition to its leadership and project management team, tapping an industry veteran as a principal and executive vice president.v