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.

Residential & Mixed Use
Atlantic City: Blatstein pitches $3 billion housing, commercial project at Bader Field site

Bart Blatstein, the owner of the Showboat Atlantic City, is pitching a new $3 billion plan that would bring 10,000 residential units, 400,000 square feet of commercial space and vast stretches of open space to the long-vacant Bader Field site in the city.

Residential & Mixed Use
Denholtz, Redwood eye start of construction for 143-unit Bound Brook rental project

Denholtz Properties and Redwood Real Estate Group are set to break ground on a new 143-unit luxury apartment building in downtown Bound Brook, the firms announced Monday.

Industrial
Self-storage developers fill pipeline in New Jersey, New York as demand heats up, C&W says

An infusion of new self-storage space is coming to the New Jersey and New York region, where rents are rising amid a shrinking supply and other barriers to new development.

Professional Services
Longtime retail brokers Winters, Horne join RIPCO New Jersey team

RIPCO Real Estate has added two veteran retail brokers as executive vice presidents, helping to bolster its team in the New Jersey market.

Professional Services
JLL Capital Markets details new promotions, hire on Morristown-based graphics team

JLL has announced two promotions and a recent hire as part of the ongoing growth of its Morristown-based capital markets office.

Office
Needleman affiliate buys 40,000 sq. ft. Marlton office building, WCRE says

An investor has sold a 40,000-square-foot office building along Route 73 in Burlington County, in a newly announced deal by Wolf Commercial Real Estate.

Office
Fiserv unveils 428,000 sq. ft. fintech innovation hub at The Park in Berkeley Heights

A new fintech hub has arrived in New Jersey with the debut of Fiserv Inc.’s 428,000-square-foot office and research space at The Park in Berkeley Heights.

Industrial
CenterPoint breaks ground on 320,000 sq. ft. Linden industrial project

CenterPoint Properties has broken ground in Linden on a building that will house more than 320,000 square feet of new industrial space minutes from Port Newark-Elizabeth.

Finance & Capital Markets
C&W: Owner of The Beacon in Jersey City seeking up to $325 million in refinancing

The owner of a landmark 1,155-unit residential complex in Jersey City is seeking to refinance the property for up to $325 million, brokers with Cushman & Wakefield announced.

Industrial
Bus contractor takes 72,000 sq. ft. for North Bergen van depot, Lee & Associates says

A transportation company has expanded its footprint with a new 72,000-square-foot industrial lease in North Bergen, in a deal arranged by Lee & Associates New Jersey.