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
Penwood snags $40 million acquisition loan for 274,000 sq. ft. Bordentown warehouse, JLL says

An investment manager has added to its New Jersey real estate holdings, acquiring a Bordentown industrial building with the help of a $40 million loan arranged by JLL.

Industrial
Principal breaks ground on 191,000 sq. ft. North Brunswick warehouse project, Peak says

Construction is underway on a project that will bring more than 190,000 square feet of new industrial space to a stretch of Route 1 in North Brunswick.

Residential & Mixed Use
Accurate unveils new 252-unit Bayonne rental property

Development firm Accurate has launched leasing at a new collection of 252 luxury apartments along the fast-growing Bayonne waterfront.

Government & Public Policy
Perth Amboy eyes redevelopment of key sites around city train station, highway networks

Officials in Perth Amboy are hoping to sharpen their focus on three key redevelopment areas in the city, touting their access to mass transit and the region’s vast highway network.

Industrial
Local firm buys 40,000 sq. ft. warehouse, office building in Garwood, NAI DiLeo-Bram says

A local investor has purchased a 40,000-square-foot commercial property in Garwood for $3.8 million, according to brokers with NAI DiLeo-Bram & Co.

Finance & Capital Markets
JLL inks $47 million Fannie Mae loan to refi Ocean County apartments

The owner of a garden apartment complex in Ocean County has refinanced the property for more than $47 million, brokers with JLL announced Tuesday.

Office
Lender, staffing firm take space at Harmon Meadow office building, NAI Hanson says

The owner of a nearly 47,000-square-foot office building in Secaucus has inked two new leases at the property, in a set of newly announced deals by NAI James E. Hanson.

Office
Signature Acquisitions taps Newmark as leasing agent for two Parsippany office buildings

Signature Acquisitions has hired Newmark to spearhead leasing at two office buildings along Interstate 287 in Parsippany, the firms announced Tuesday.

Photos
Sanzari named finalist in annual New Jersey Family Business of the Year Awards

Alfred Sanzari Enterprises and other top family-owned firms in New Jersey took center stage last month as part of an annual program hosted by Fairleigh Dickinson University.

Retail
Prism inks deals with Blue Foundry, Kessler as first retail tenants at Dunellen project

Prism Capital Partners has secured its first two retail tenants at a new mixed-use development in the Middlesex County borough of Dunellen.