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.

Rose Commercial: Developer completes assemblage in Cherry Hill, plans new CVS store

A developer has acquired two acres in Cherry Hill, where construction is underway for a new CVS store along one of the township’s main thoroughfares.

Construction underway at DMR-designed municipal, library complex in Montgomery

DMR Architects is touting the start of construction at a new 62,500-square-foot municipal and library building in Montgomery Township.

Hoboken apartment building now 85 percent leased a year after opening

A new 424-unit luxury apartment building in Hoboken has reached another leasing milestone, thanks in part to a fall surge and continued demand for rentals along the Gold Coast.

Sanzari drawing on 75 years of stability, relationships to guide tenants through crisis

Like other landlords, Alfred Sanzari Enterprises has spent months with its buildings mostly empty as businesses cope with the effects of the pandemic. But the family-owned firm has weathered the crisis and helped its tenants do the same thanks to its own financial strength and ability to act quickly, which stem from a patient, low-leverage approach that goes back 75 years.

Gebroe-Hammer: Buyers wanted for 29-building, 406-unit rental portfolio

A sprawling collection of more than 400 apartments is on the market for sale in New Jersey, in a newly announced offering by Gebroe-Hammer Associates.

New 211-room hotel opens in Jersey City’s burgeoning arts district

A development team has opened the doors to a new 211-room hotel in downtown Jersey City, with a focus on paying homage to the city’s growing arts and cultural scene.

Developers, city officials hail Starbucks’ arrival in Bayonne

A new Starbucks has opened its doors at a growing retail center in Bayonne, in what local officials say is another sign of the city’s resurgence as a residential destination.

Kislak touts $11.5 million in Monmouth County investment sales

A private investor has paid $6.2 million for a Red Bank office building, in the largest of four newly announced transactions by The Kislak Co. Inc.

Weiss Realty inks new leases, extensions at Edison commercial center

Weiss Realty is touting the completion of nearly 8,000 square feet of leasing activity at an Edison commercial center, including two new leases and two extensions.

Laundry service joins roster at Brick shopping center

A drop-off laundry service business has signed a long-term lease at a Brick shopping center, in a newly announced transaction by Vantage Commercial.