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
Auto parts seller takes 300,000 sq. ft. at new Black Creek industrial project in Florence

An auto parts seller has leased more than 300,000 square feet at a soon-to-be-completed industrial project in Burlington County, under a newly announced deal by NAI Mertz.

Government & Public Policy
NJAA announces promotions for membership, education staff

The New Jersey Apartment Association has made two promotions within its Monroe-based administrative team.

Finance & Capital Markets
C&W: Camber lands $70 million loan for South Jersey, Bucks County industrial deal

Camber Real Estate Partners has secured a nearly $70 million acquisition loan for a 25-building, 1.24 million-square-foot light industrial portfolio in South Jersey and Pennsylvania.

Retail
LMC: Under new ownership, seafood market signs 1,500 sq. ft. lease in Westfield

A local seafood market has inked a 1,500-square-foot lease at a freestanding building in Westfield, in a transaction arranged by Levin Management Corp.

Office
Florham Park headquarters, life sciences building sold for $47 million

An investment firm has sold a corporate headquarters and life sciences building in Florham Park for nearly $47 million, under a transaction announced Wednesday by CBRE.

Residential & Mixed Use
KRE Group, National set to launch leasing at Journal Squared phase two

Kushner Real Estate Group and National Real Estate Advisors are set to unveil a new 68-story apartment tower in Jersey City, the tallest in their three-phase Journal Squared project.

Residential & Mixed Use
Heritage Capital unveils 126-unit rental project at historic bank building in Hackensack

A developer has opened 126 new luxury apartments in downtown Hackensack after its adaptive reuse of a historic bank building in the city.

Residential & Mixed Use
Kislak inks sale of Belleville condo, apartment buildings

A private investor has acquired 11 condominiums in Belleville for nearly $2.2 million, in one of two newly announced deals by The Kislak Co. Inc.

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.