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 to manage Old Bridge retail center among two new assignments

Levin Management Corp. has secured two new assignments on behalf of property owners in and around its home state of New Jersey, the North Plainfield-based firm said.

Office
NAI Hanson inks sale of 10,000 sq. ft. office condo in Paramus

A local investor has acquired a 10,000-square-foot office condominium on Route 4 in Paramus, in a newly announced transaction by NAI James E. Hanson.

Industrial
Denholtz adds 54,000 sq. ft. Charlotte property under new JV for industrial deals

Denholtz Properties has acquired a nearly 54,000-square-foot building in Charlotte, marking its first deal under a newly formed, $1 billion joint venture for industrial properties.

Professional Services
CBRE names market leader for Central Jersey

CBRE has announced a new market leader for its central New Jersey operations, elevating a key longtime member of its sales and research teams in the region.

Industrial
Joint venture eyes 1.7 million sq. ft. logistics park after buying 282 acres in Salem County

CT Realty and PGIM Real Estate have acquired 282 acres in Salem County for a plan to develop a two-building, 1.7 million-square-foot industrial park at the Delaware Memorial Bridge.

Industrial
Woodmont, Jingoli launch construction of 152,000 sq. ft. South Amboy industrial project

A joint venture has broken ground on a project that will bring more than 150,000 square feet of new high-end industrial space to a former brownfield site in South Amboy.

Residential & Mixed Use
Marcus inks $2.3 million sale of Jersey City apartment building

A private investor has sold a 12-unit apartment building in Jersey City’s West Side neighborhood, according to a brokerage team with Marcus & Millichap.

Finance & Capital Markets
Urstadt Biddle lands $21 million loan for New Providence retail center, Cronheim says

The owner of a 108,000-square-foot, grocery-anchored shopping center in New Providence has secured $21 million in financing for the site, in a deal arranged by Cronheim Mortgage.

Residential & Mixed Use
Kislak details North Jersey multifamily, retail sales totaling $5.5 million

A private investor has purchased a nine-unit apartment building in Orange for $1.5 million, in one of several newly announced deals by The Kislak Co. Inc.

Retail
Atkins, Woodmont welcome new restaurant tenants to Washington Square Town Center

Three food and beverage tenants have opened their doors alongside a newly developed mix of medical users, housing and commercial space in Gloucester County.