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
Developers, Fulop unveil newest luxury rental project on Jersey City’s west side

A development team has marked the opening of 145 new apartments on Jersey City’s west side, where the first residents have move in and many more are on the way.

Sponsored Content
The Rock Brook Consulting Group: Pushing the limits of design

As we adapt to a new way of living and working amidst a global pandemic, the concept of adaptive reuse has been more attractive than ever. For commercial real estate, the strategy of repurposing empty, ubiquitous office space into profitable areas has been a game changer in reducing low occupancy rates and reviving development deals.

Residential & Mixed Use
Bedrin, March Associates break ground on Hawthorne project with apartments, self-storage

A joint venture has broken ground on a long-awaited project that will bring new apartments, a self-storage facility and a national fitness chain to the Passaic County borough of Hawthorne.

Top News
NJIT launching real estate, entrepreneurship centers with gift from Profeta, its largest ever

The New Jersey Institute of Technology is launching new education and research centers focused on real estate and entrepreneurship, following a gift from The Paul V. Profeta Foundation that amounts to the largest-ever donation to the Newark-based university.

Office
East Windsor medical office portfolio sold for $20 million, Colliers says

A developer has sold a two-building, 80,000-square-foot medical office portfolio in Mercer County, in a newly announced transaction by Colliers International.

Professional Services
MSW adds two associates to commercial real estate team

Murphy Schiller & Wilkes LLP has hired two new associates as the latest additions to its growing team of commercial real estate attorneys.

Office
Medical practice inks 2,900 sq. ft. lease in Cherry Hill

A medical user is taking nearly 2,900 square feet at a Cherry Hill office complex, under a deal arranged by Wolf Commercial Real Estate.

Finance & Capital Markets
Kennedy Funding closes $2.3 million loan for beachfront tract in Dominican Republic

Kennedy Funding has completed another loan in the Caribbean, closing $2.3 million in financing to the owners of more than 60 beachfront acres in the Dominican Republic.

Government & Public Policy
EDA: Applications open for Emerge program, successor to key jobs-based tax incentive

The state Economic Development Authority is now accepting applications for the jobs-based tax incentive known as Emerge, the long-awaited successor to the Grow New Jersey program.

Industrial
Duke Realty adds assistant vice president of acquisitions in New Jersey

Duke Realty Corp. has made another addition to its New Jersey team with the hiring of an assistant vice president of acquisitions.