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
JMF eyes July debut for 110-unit apartment building in Glen Ridge

JMF Properties is nearing the completion of a 110-unit apartment building in Glen Ridge, as it looks to expand on a concept introduced in another Essex County community.

Office
New tenant coming to Sanzari-owned campus in Teaneck, leasing 4,400 sq. ft.

Alfred Sanzari Enterprises has attracted a new office tenant to its Glenpointe campus in Teaneck, inking a lease for more than 4,400 square feet at the distinctive mixed-use property.

Office
Book publicist takes 3,300 sq. ft. at Cherry Hill office building, Vantage Commercial says

A publicity agency is relocating in Cherry Hill after signing a new lease for more than 3,000 square feet of office space, in a recent deal by Vantage Commercial.

Finance & Capital Markets
Black Creek lands $40 million loan for new Florence distribution center, C&W says

The developer of more than 500,000 square feet of new industrial space in Florence has secured a nearly $40 million construction loan, brokers with Cushman & Wakefield announced.

Industrial
Developers ink 481,000 sq. ft. lease, landing first tenant at new Linden industrial park

A logistics firm has leased more than 480,000 square feet of industrial space in Linden, filling one of two newly completed buildings at a planned 4.1 million-square-foot development.

Residential & Mixed Use
Journal Square apartment portfolio fetches $12 million, Marcus says

A longtime owner has sold two Jersey City multifamily properties for $12 million, in a newly announced transaction by Marcus & Millichap.

Government & Public Policy
EDA now taking applications for rebooted residential ERG program

The state Economic Development Authority is once again accepting applications for a popular gap financing program that lapsed two years ago, but has since been rebooted.

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.