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.

Finance & Capital Markets
Kennedy Funding lends $4.85 million for planned Alzheimer’s patient home in Jacksonville

A joint venture has obtained a $4.85 million loan in connection with a planned Alzheimer’s disease care facility in Jacksonville, Florida, in a newly completed deal by Kennedy Funding.

Finance & Capital Markets
BNE lands $78 million permanent loan for 291-unit South Amboy rental project, M&T says

BNE Real Estate Group has secured $78 million in permanent financing for a collection of 291 new apartments along the Raritan Bay, in a deal arranged by M&T Realty Capital Corp.

Professional Services
Inside C&W’s ambitious plan to add talent, market share in long-established New Jersey office

Cushman & Wakefield is revamping how it identifies and pursues new business opportunities, all while rethinking its brokers’ approach to serving clients and advancing the long-held goal of creating a one-stop shop for its many disciplines and service lines.

Top News
Devco celebrates Title IX anniversary, women’s sports at Rutgers in latest NIL deal

New Brunswick Development Corp. has unveiled its latest partnership with collegiate athletes at Rutgers University, as it marks the 50th anniversary of the historic Title IX gender equality law and the arrival of women’s sports at the school’s flagship campus.

Professional Services
Segalini, real estate PR veteran, named chief client officer at Antenna

Antenna Group has named Christa Segalini as its first chief client officer, recognizing her role with the public relations and communications firm and more than a decade of serving its clients in commercial real estate, technology and other sectors.

Office
Grid: Journal Square office building nears full occupancy after 27,000 sq. ft. in recent leases

A vocational school has leased nearly 9,000 square feet at a historic commercial building in Jersey City, in one of several newly announced deals by Grid Real Estate.

Professional Services
Dresdner Robin touts two newest additions to environmental, urban planning teams

Jersey City-based land use consultancy Dresdner Robin has announced two new hires, as it further bolsters its growing environmental service and urban planning departments.

Office
Newmark: Ownership eyes $25 million revamp of 668,000 sq. ft. Red Bank-area office campus

A joint venture is investing $25 million to revitalize a nearly 670,000-square-foot office campus outside Red Bank, where it has tapped Newmark as its exclusive leasing agent.

Industrial
Realterm adds 12,000 sq. ft. Linden truck terminal, in NAI Hanson-brokered deal

An investment manager has added to its growing New Jersey real estate portfolio, acquiring a 12,000-square-foot industrial property some 10 miles from Port Newark-Elizabeth.

Retail
LMC: Jeweler takes 1,200 sq. ft. in Manasquan for second Jersey Shore location

A local jeweler is expanding at the Jersey Shore with the completion of a new 1,200-square-foot lease in Manasquan, in a newly announced deal by Levin Management Corp.