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.

Professional Services
Lindabury announces new attorney for commercial real estate group

Lindabury, McCormick, Estabrook & Cooper PC has welcomed a new attorney to its commercial real estate group.

Industrial
Tile distributor buys 102,000 sq. ft. warehouse in Monmouth County, Sheldon Gross says

A tile wholesaler has acquired a 102,000-square-foot warehouse and an adjacent parcel in Monmouth County, in a transaction arranged by Sheldon Gross Realty.

Finance & Capital Markets
Bergenfield garden apartment complex owner lands $11.1 million loan, Cronheim says

Cronheim Mortgage has secured $11.1 million in financing for the owner of a 150-unit apartment complex in Bergenfield, the Chatham-based brokerage firm announced.

Health Care & Education
Prism taps Newmark Associates to lease health care space at West Orange project

Prism Capital Partners has picked Newmark Associates as its leasing agent for health care and medical office space at its 21-acre, mixed-use Edison Village project in West Orange.

Industrial
Dermody details new three-building, 1.2 million sq. ft. industrial park in Gloucester County

Dermody Properties has unveiled plans for nearly 1.2 million square feet of new industrial space in Gloucester County as part of a three-building, 154-acre project set to begin this spring.

Retail
CBRE: Auto dealership chain inks $55 million sale-leaseback in New Jersey, Pennsylvania

An automotive group has completed a $55 million sale-leaseback involving a series of dealerships and other buildings in New Jersey and Pennsylvania, in a deal arranged by CBRE.

Industrial
Tulfra completes, sells new self-storage building in Rochelle Park

Tulfra Real Estate has completed the sale of a newly developed, 113,000-square-foot self-storage building in Rochelle Park.

Industrial
Elberon, Fidelco land $34 million loan for Elizabeth cold storage project, JLL says

A development team has secured a $34 million construction loan for a new 140,000-square-foot cold storage building on the border of Elizabeth and Newark, in a deal arranged by JLL.

Residential & Mixed Use
Diversified, North Jersey Builders complete 35-unit rental building in East Rutherford

A joint venture has taken the wraps off a new 35-unit luxury apartment building in East Rutherford, with plans to welcome its first residents next month.

Industrial
Hampshire unveils newest self-storage project, in Perth Amboy

The Hampshire Cos. has completed the latest addition to its ever-growing self-storage portfolio, debuting a new 697-unit facility along a major thoroughfare in Perth Amboy.