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
Investors Bank inks loans for Montclair, Lawnside apartments among recent activity

Investors Bank is touting the completion of more than $2 billion in commercial real estate lending volume in 2020, including continued financing of new construction and acquisitions.

People
SJP names new senior vice president of acquisitions

SJP Properties has tapped a longtime real estate investment professional as its new senior vice president of acquisitions.

Office
Legal nonprofit renews 6,000 sq. ft. lease in Atlantic City, WCRE says

A legal aid organization has renewed its lease at an Atlantic City office building, under a newly announced transaction by Wolf Commercial Real Estate.

People
Woodmont announces promotions in training, property management

Woodmont Properties has announced two new promotions tied to its expanded focus on training and career development.

Government & Public Policy
New grants for New Jersey towns, cities could boost redevelopment opportunities

Business leaders are cheering the passage of a new economic development incentives law in New Jersey, following a two-year battle in Trenton and the added uncertainty of the pandemic. Yet some stakeholders are pointing to a far less heralded, less contentious piece of the New Jersey Economic Recovery Act as a key tool for spurring new investments around the state.

Professional Services
Veteran attorney joins CSG commercial real estate group

Chiesa Shahinian & Giantomasi PC has bolstered its commercial real estate team with the addition of a veteran attorney.

Professional Services
Walsh adds senior project manager, announces launch of New York office

The Walsh Co. has announced a new addition to its project management team as part of an expansion into New York City.

Office
Biotech firm takes 13,000 sq. ft. at Bedminster office building, JLL says

A biotechnology company has leased nearly 13,000 square feet of office space in Bedminster, in a newly announced transaction by JLL.

Office
NAI Hanson: Investor acquires 4,500 sq. ft. downtown office building in Bergen County

NAI James E. Hanson has brokered the sale of a 4,535-square-foot office building in the Bergen County borough of Closter, the real estate services firm announced Thursday.

Residential & Mixed Use
Iron Ore, AMJ eye start of 120-unit rental project in Plainfield after site acquisition

A joint venture is nearing the start of construction for a new 120-unit apartment building in Plainfield, in a project that will redevelop the site of a blighted industrial property.