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.

Retail
LMC: Activate Games takes 15,000 sq. ft. at busy highway shopping center in Woodbridge

A gaming and entertainment concept is coming to St. Georges Crossing, the 343,000-square-foot shopping center in Woodbridge, under a newly announced deal by Levin Management Corp.

Community
Conference to honor developer Paul Silverman for support of public arts, community building

Longtime developer Paul Silverman will receive a top honor this fall in recognition of his firm’s dedication to the arts, public art and the inclusion of artists’ work in its projects.

Retail
Learning center, pharmacy coming to new Rosera Wesmont rental property in Wood-Ridge

JCMLiving has secured two retail tenants for a new 295-unit apartment building in Wood-Ridge, inking leases with a well-known education franchise and a pharmacy.

Residential & Mixed Use
Buyer wanted for new 148-unit luxury rental building in Jersey City, CBRE says

A developer is seeking a buyer for a new 148-unit luxury apartment building in the fast-growing Journal Square neighborhood in Jersey City, brokers with CBRE said Wednesday.

Industrial
AY: Stage curtain maker Rose Brand extends 164,000 sq. ft. lease at Hartz building in Secaucus

A maker of stage curtains, backdrops and other products for the theater and event industries has extended its lease in Secaucus, where it occupies more than 164,000 square feet.

Residential & Mixed Use
Journal Square development site fetches $6.25 million, eXp Realty says

An active developer has purchased a vacant parcel in Jersey City’s booming Journal Square neighborhood for $6.25 million, according to a brokerage team with eXp Realty.

Education
Center for adults with special needs sells 33,000 sq. ft. building, finds new home in South Jersey

An education user has sold a 33,000-square-foot building in Moorestown and leased a new space just miles away, in a set of transactions arranged by Rose Commercial Real Estate.

Residential & Mixed Use
Walters opens lottery, eyes January move-ins for new affordable housing in Hainesport

Walters has opened the affordable housing lottery for a new 72-unit rental property in the Burlington County township of Hainesport, the developer announced Tuesday.

Education
Industry meets education: Rutgers Center for Real Estate marks 10 years of growth, with more to come as program leaders look to the future

The Rutgers Center for Real Estate is marking its 10th anniversary, providing a chance for the program’s leaders to reflect on its growth and what’s still to come.

Finance & Capital Markets
W&D: Namdar Group lands $220 million bridge loan for 576-unit Journal Square project

Namdar Group has snagged a $220 million bridge loan for a new 576-unit luxury apartment building in Jersey City, brokers with Walker & Dunlop announced Monday.