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
Legacy owner scores $296 million loan for 1,880-unit New Jersey apartment portfolio

The owner of nearly 1,900 garden-style apartments in northern and central New Jersey has closed on $296 million in financing for the portfolio, brokers with JLL announced.

Retail
Café, restaurant expands to Fairfield with new 3,400 sq. ft. lease, RIPCO says

A café is expanding from central to northern New Jersey after taking space at a newly built shopping center in Fairfield, according to brokers with RIPCO Real Estate.

Events
Morris Arts Commercial Real Estate Breakfast coming to Sanofi office in Morristown

An annual event hosted by Morris Arts is returning to Morristown’s landmark M Station campus, in a program that will once again highlight real estate development through an artistic lens.

Retail
Morristown-based JLL team lists grocery-anchored retail center in Connecticut for sale

The owner of a grocery-anchored shopping center in southwest Connecticut has tapped JLL’s Morristown-based capital markets team to sell the property.

Finance & Capital Markets
JLL: ‘Vintage City’ team lands $83 million debt, mezzanine deal for 258-unit Elizabeth project

A development team has secured more than $83 million in capital to build 258 new luxury apartments in Elizabeth, in the second phase of a project that has won widespread acclaim.

Professional Services
Wolfe joins Norris McLaughlin as member with real estate, land use teams

Norris McLaughlin PA has welcomed Amanda Wolfe as the newest addition to its real estate, finance and land use and municipal law practice groups in New Jersey.

Finance & Capital Markets
Valley Bank lends $3.5 million to refi 25,000 sq. ft. medical office building in Fair Lawn

The owner of a nearly 25,000-square-foot medical office building in Fair Lawn has closed on a new $3.5 million commercial mortgage with Valley Bank, the lender announced last week.

Top News
Larken sees ‘sustained momentum’ with 1 million sq. ft. in commercial leasing in 2025

Larken Associates completed more than 1 million square feet of leasing activity across its commercial portfolio in 2025, setting the stage for continued growth in 2026.

Finance & Capital Markets
Bridge Industrial snags $86 million bridge loan for new 356,000 sq. ft. Bayonne warehouse

Bridge Industrial has landed more than $86 million in financing for some 356,000 square feet of newly built warehouse space in Bayonne, in a transaction arranged by JLL.

Finance & Capital Markets
JLL: Investor lands $11.5 million acquisition loan, eyes new grocery-anchored center in Clifton

A developer has secured acquisition financing for a nearly 49,000-square-foot commercial property in Clifton that it plans to reposition as a grocery-anchored retail center.