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
Petrucci, Solar Landscape energize new rooftop solar panels at Monroe industrial building

A new rooftop solar panel system at a Monroe industrial building is up and running, under a project by landlord J.G. Petrucci Co. Inc. and installer Solar Landscape.

Finance & Capital Markets
G.S. Wilcox sources $20 million construction loan for East Brunswick warehouse project

A developer has obtained a nearly $20 million construction loan for a roughly 147,000-square-foot industrial building in East Brunswick, in a deal arranged by G.S. Wilcox & Co.

Industrial
NAI Hanson: Marketing agency, moving from Fairfield, takes 22,000 sq. ft. in Mountain Lakes

A printing and marketing firm has leased more than 22,000 square feet of industrial space in Mountain Lakes, brokers with NAI James E. Hanson announced Thursday.

People
Larken promotes Dorell to director of design

Larken Associates has promoted Jillian Dorell to director of design, touting her role in several of the commercial real estate firm’s recent development projects.

Health Care & Education
Biotech firm takes 28,000 sq. ft. in Jersey City, plans move from Brooklyn with EDA tax credit

A biotechnology firm is moving from Brooklyn to Jersey City after being awarded a seven-year, $3.5 million tax credit under the Economic Development Authority’s Emerge program.

Office
JLL: Buyer wanted for Three Gateway in Newark, amid ongoing overhaul of iconic complex

Three Gateway Center, one of four buildings in Newark’s revamped Gateway complex and the home of more than 500,000 square feet of office space, is on the market for sale.

Government & Public Policy
Perth Amboy taps city native as executive director of redevelopment agency

The Perth Amboy Redevelopment Agency has named a lifetime city resident and longtime public servant as its new executive director.

Industrial
Stone Creek Construction Group touts completed projects in Middlesex, Monmouth counties

Stone Creek Construction Group is marking the completion of three projects in central New Jersey, including a design-build renovation of a 38,000-square-foot industrial building in Middlesex County.

Professional Services
Structural Workshop relocates Lehigh Valley team, opens new office in downtown Easton

Engineering firm Structural Workshop has opened a new office in Pennsylvania’s Lehigh Valley as part of an expansion of its team in the region.

Residential & Mixed Use
Kislak brokers sale of 58-unit apartment complex in New York’s Southern Tier

The longtime owners of a 58-unit apartment complex in New York’s Southern Tier has sold the property for $2.83 million, in a deal arranged by The Kislak Co. Inc.