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
G.S. Wilcox sources $19.4 million in loans for New Jersey, Pennsylvania office buildings

An investor has secured $19.4 million in financing in connection with an office building in Middlesex County and a second near Philadelphia, according to G.S. Wilcox & Co.

Residential & Mixed Use
Preleasing underway at 38-unit luxury rental building in Jersey City

A developer has launched preleasing at a new boutique apartment building in Jersey City, adding to the growing stock of luxury rentals in the historic Bergen-Lafayette section.

Industrial
Marcal, Crow Holdings bringing new industrial space to fire-ravaged site in Elmwood Park

More than 200,000 square feet of new industrial space is coming to the Marcal Paper complex in Elmwood Park, helping revive part of a site that was mostly leveled by an infamous 2019 fire.

Top News
Highly touted Bridgewater life sciences campus on the market for sale, JLL says

An acclaimed life sciences campus in Bridgewater with some 800,000 square feet of research, manufacturing and office space is on the market — with the potential to sell for $500 million.

Office
Tech founder plans ‘lifestyle’ business center at Fort Monmouth site

A group with ties to a local technology firm has acquired 12 acres at Fort Monmouth, with plans to create a mixed-use business center with office, retail and hospitality space.

Residential & Mixed Use
Bloomfield apartment building trades for $3.7 million, Hudson Atlantic says

A private buyer has purchased a 22-unit apartment building in Bloomfield for $3.65 million, according to a brokerage team with Hudson Atlantic Realty.

Industrial
Nonprofit relocates, takes 4,300 sq. ft. in Pennsauken, Vantage Commercial says

Crescent Business Center at 7300 North Crescent Blvd. in Pennsauken — Courtesy: Vantage Commercial

Industrial
Connors inks sale of 15,000 sq. ft. Irvington industrial building

The William F. Connors Agency has brokered the sale of a 15,000-square-foot industrial building in Irvington, the firm announced Friday.

Industrial
Developer’s plan would bring 272,000 sq. ft. warehouse to untapped Passaic County borough

A family-owned firm is hoping to bring modern warehouse space to a lesser-known swath of Passaic County, starting with a 272,000-square-foot facility just off Interstate 287.

Retail
New Jersey real estate projects, people take center stage at annual ULI gala (PHOTOS)

Commercial real estate industry leaders gathered recently to celebrate a host of projects and individuals as part of the Urban Land Institute of Northern New Jersey’s annual awards gala.