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
Saint Peter’s unveils new ‘Panepinto Hall’ in honor of Jersey City developer, alumnus

Saint Peter’s University has opened a new residence hall in Jersey City that will be named after iconic developer Joseph A. Panepinto, an alumnus and longtime benefactor of the school.

Residential & Mixed Use
Penthouse at Hoboken’s ‘Wonder Lofts’ sold for multimillion-dollar price

A buyer has snagged one of two multimillion-dollar penthouses at Wonder Lofts, the new upscale condominium property at the site of the historic Wonder Bread factory in Hoboken.

Residential & Mixed Use
Developers hit 80 percent leased milestone at ‘Print House’ project in Hackensack

A development team has leased more than 200 apartments at the first phase of a large redevelopment project in Hackensack, at the former site of The Record daily newspaper.

Top News
With fast-growing pipeline, Alpine makes major investment in historic Jersey City neighborhood

Alpine Residential is betting big on Jersey City’s Bergen-Lafayette neighborhood, where it recently built more than 200 luxury apartments and is planning another $430 million in new development — including a high-profile project at the nearby Liberty Science Center.

Residential & Mixed Use
Developer breaks ground on 51-unit rental building in Orange, Avison Young says

Construction is underway on a building that will bring another 51 luxury apartments to Orange, while redeveloping a site just north of NJ Transit rail service.

Retail
New big-box stores bring Totowa retail center to 97 percent leased, Katz & Associates says

A shopping center along Route 46 in Totowa is nearly full after four recent leases totaling nearly 140,000 square feet, brokers with Katz & Associates announced.

Professional Services
Tokarski Millemann Architects details addition, renovation at Lakewood Mazda dealership

Tokarski Millemann Architects has completed construction documents for a soon-to-be-updated Mazda dealership in Lakewood, the Wall-based firm announced.

Professional Services
Kimmerle completes office, showroom renovation project for global apparel maker

A global fashion company has unveiled a new 175,000-square-foot office and showroom in Manhattan, following a design and renovation spearheaded by Kimmerle Group.

Office
JLL to launch co-working, flex concept in Secaucus, its first ground-up U.S. location

Real estate services firm JLL has picked a Secaucus office building as its first new, ground-up location in the U.S. for a flexible space and co-working concept.

Top News
Dessert maker takes 20,000 sq. ft. at new Denholtz food, beverage facility on Fort Monmouth

Denholtz Properties has lured another user to its new food and beverage hub on Fort Monmouth, where a fast-growing dessert business will now build out a new production facility.