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.

Residential & Mixed Use
Bogota apartments nearly 75 percent leased, with more than 200 units rented

The developer of a new luxury apartment complex in Bogota has opened a third building to prospective renters, having leased nearly 200 units at the riverfront property.

Retail
Development team, local leaders unveil new CVS Pharmacy in Plainfield

A development team led by CHA Partners joined local officials recently to unveil a new CVS Pharmacy in Plainfield.

Industrial
Denholtz marks dual milestones in expansion of flex portfolio to Tinton Falls

Denholtz Properties is adding to its vast portfolio of flex industrial space, having completed its first building in Tinton Falls as it marks the start of another in the sought-after submarket.

Residential & Mixed Use
Colliers touts sale of 200 apartments spanning Bergen, Gloucester counties

A five-building, 156-unit apartment portfolio in Bergen County is under new ownership, following a transaction arranged by Colliers International.

Industrial
Investor buys historic 331,000 sq. ft. industrial complex in Paterson, C&W says

An investor has acquired a historic seven-building, 331,000-square-foot industrial complex in Paterson, in a newly announced transaction by Cushman & Wakefield.

Industrial
Kokes inks purchase of net-lease fitness center building in Monmouth

Kokes Properties has expanded its holdings with the acquisition of a roughly 16,000-square-foot fitness and training facility building in Wall Township.

Health Care & Education
Dentist finds new location in Englewood Cliffs, leasing 1,100 sq. ft.

A dental practice is moving within Englewood Cliffs after signing a new lease for 1,100 square feet of medical office space, brokers with NAI James E. Hanson announced Wednesday.

Residential & Mixed Use
Morristown: Developer hits new leasing milestone at 58-unit apartment building

PCD Development has nearly completed its lease-up of a 58-unit luxury apartment building in Morristown, working alongside agents with Coldwell Banker New Homes.

Roundtable
What will be the pandemic’s longest-lasting impact(s) on New Jersey’s multifamily sector?

We assembled a panel of industry experts to tackle this month’s question. Here’s what they had to say.

Residential & Mixed Use
Three-property, 113-unit rental portfolio in East Orange trades for $15 million

A private investor has acquired a 113-unit apartment portfolio in East Orange for nearly $15 million, under a newly announced transaction by Gebroe-Hammer Associates.