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
Terreno sells North Bergen industrial building for $26 million, nearly doubling investment

Terreno Realty Corp. has sold a 127,000-square-foot industrial building in North Bergen for some $25.5 million, nearly double the price it paid for the property in 2017.

Residential & Mixed Use
Advance set to unveil 399-unit luxury rental project in Harrison redevelopment district

Advance Realty Investors is taking the wraps off its latest project in Harrison, a new 399-unit luxury apartment building in the town’s waterfront redevelopment zone.

Residential & Mixed Use
Stockton debuts second residence hall in Atlantic City, adding 416 beds to growing campus

Stockton University has opened the doors to a second residence hall in Atlantic City, in another key step toward revitalizing and growing the resort town beyond its historic casino industry.

Finance & Capital Markets
Denholtz, Long Wharf secure financing for 109,000 sq. ft Piscataway warehouse, JLL says

A joint venture has landed a five-year, fixed-rate loan for a 109,000-square-foot industrial building in Piscataway, in a newly announced deal by JLL.

Events
United Way details eight finalists for annual Commercial Real Estate Network awards

The United Way of Northern New Jersey has announced eight finalists for its upcoming commercial real estate awards program, part of an event that serves as its largest annual fundraiser and draws hundreds of top industry professionals.

Retail
Pierson inks deal to bring Mexican eatery, tequila bar to Veris Residential tower in Jersey City

A restaurant group is bringing a Mexican eatery and tequila bar to Jersey City, where it has leased 8,000 square feet at a new apartment tower built by Veris Residential Inc.

Industrial
Solar Landscape completes community solar project in Secaucus, expands job training program

Solar Landscape has completed a new rooftop solar installation at a Secaucus warehouse, helping to expand a job training program while adding to its fast-growing portfolio in the state.

Office
Larken, Summit Health ink 4,000 sq. ft. renewal at Springfield office building

Summit Health has signed a renewal at a medical office building in Springfield, where it occupies more than 4,000 square feet under a lease with Larken Associates.

Residential & Mixed Use
Denholtz adds regional manager for growing Southeast multifamily portfolio

Denholtz Properties has hired a new multifamily regional manager for its growing apartment portfolio in the Southeast, the Red Bank-based firm announced.

Health Care & Education
Prism breaks ground on 80,000 sq. ft. Hackensack Meridian facility at ON3

Prism Capital Partners has broken ground in Clifton on a new 80,000-square-foot ambulatory care center for Hackensack Meridian Health, the latest addition to its flagship ON3 campus.