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 inks $60 million loan for ‘Print House’ as Hackensack project opens for leasing

The development team behind a new 271-unit luxury apartment building in Hackensack has closed on $60 million in financing, in a newly announced deal by G.S. Wilcox & Co.

Finance & Capital Markets
C&W: Ares secures $367 million loan for 3 million sq. ft. industrial portfolio

The owner of a multistate portfolio with more than 3 million square feet of industrial space has obtained nearly $370 million in financing for the assets, according to Cushman & Wakefield.

Industrial
Food distributor takes 13,000 sq. ft. at Sparta industrial building, NAI Hanson says

NAI James E. Hanson has negotiated a new 12,920-square-foot industrial lease in Sparta.

Technology
Pfister Energy adds senior vice president for project origination

Pfister Energy has hired a 15-year solar industry veteran as a senior vice president for project origination.

Industrial
Economic unease seeps into warehouse market despite Q2 rent growth, occupancy gains

Demand for industrial space in New Jersey held strong in the second quarter, but market experts are warning against a potential pullback by tenants amid growing economic uncertainty.

Retail
Investment firm announces new CEO, CFO amid robust growth of shopping center portfolio

First National Realty Partners has named new chief executive and chief financial officers to guide its fast-growing team and portfolio of necessity-based retail properties.

Retail
Michaels takes 25,000 sq. ft. at Newton shopping center, Jeffery Realty says

Arts and crafts retailer Michaels leased 25,000 square feet in Sussex County, in one of several newly announced transactions by Jeffery Realty.

Industrial
Pool contractor buys 24,000 sq. ft. industrial complex in Hillsborough, Deluccia says

A swimming pool contractor has purchased a 24,000-square-foot industrial property in Hillsborough for $3.1 million, in a deal arranged by Deluccia Commercial Group.

Retail
Salon suite tenant takes 10,000 sq. ft. at Brick retail center

A provider of salon suites has leased nearly 10,000 square feet at an Ocean County shopping center, according to a broker with Vantage Commercial.

Residential & Mixed Use
Kislak inks sale of 127-unit Monmouth rental portfolio for $34 million

A portfolio of nearly 130 apartments in Monmouth County has changed hands for $34 million, in a newly announced transaction by The Kislak Co. Inc.