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
VanRock buys 14,000 sq. ft. Paramus strip center, Goldstein Group says

A local real estate firm has purchased a strip center along Route 17 in Paramus, in one of several newly announced deals by The Goldstein Group.

Residential & Mixed Use
Adoni hits 60 percent leased milestone at new Franklin Lakes rental property

Adoni Property Group has rented nearly two-thirds of a new boutique apartment building in Franklin Lakes, the developer announced Monday.

Retail
R.J. Brunelli named leasing agent for Brick Township shopping center

The owner of a nearly 250,000-square-foot shopping center in Brick Township has tapped R.J. Brunelli & Co. as its leasing agent for the newly updated property.

Residential & Mixed Use
Russo, local officials mark completion of long-awaited Garwood project’s first phase

Russo Development is marking the completion of nearly 300 new luxury apartments in Garwood, the first phase of a project that was more than 10 years in the making.

Finance & Capital Markets
Birch Group partnership inks $328 million debt, equity package for 101 Hudson purchase

The buyers of 101 Hudson St. in Jersey City have secured $328 million in debt and equity financing for the 42-story, 1.35 million-square-foot office tower.

Events
NAIOP New Jersey details slate for annual President’s Awards, Hall of Fame Dinner

Eight key players in the state’s commercial real estate sector will take the stage in early November as part of NAIOP New Jersey’s annual President’s Awards and Hall of Fame Dinner.

Residential & Mixed Use
Diversified, Fidelco unveil second phase of 396-unit rental project in Union Twp.

A development team has debuted its second phase of new luxury apartments in Union Township, marking the completion of a 396-unit project less than a mile from Kean University.

Office
Avison Young: Financial services firm takes 11,000 sq. ft. for new Livingston headquarters

A financial services firm has signed a new lease for more than 11,000 square feet of office space in Livingston, in a recent transaction announced by Avison Young.

Professional Services
DIGroup earns preservation award for Camden, Trenton high school projects

A nonprofit focused on historic preservation has recognized DIGroup Architecture of New Brunswick in connection with projects at high schools in Camden and Trenton.

Retail
Starbucks opens at new mixed-use Belleville property by Tulfra, Hampshire

A new Starbucks has opened its doors in Belleville as the latest piece of an ongoing mixed-use development by Tulfra Real Estate and The Hampshire Cos.