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.

Deals
Hoboken church finds new home after buying shuttered movie theater for $13 million

A local church has purchased a 20,000-square-foot former movie theater building in uptown Hoboken, in a newly announced transaction by Katz & Associates.

Residential & Mixed Use
Caldwell building with 15 apartments, retail space fetches $3.5 million, Kislak says

An ownership team has sold a 15-unit multifamily property in Caldwell for nearly $3.5 million, in a newly completed deal by The Kislak Co. Inc.

Finance & Capital Markets
Tulfra snags $6 million loan for parking site at Totowa Business Center

Tulfra Real Estate has landed a $6 million loan for a parking parcel at the site of a 225,000-square-foot commercial building in Totowa.

Office
JLL: Dermatology group takes 7,000 sq. ft. at Ramsey office building

A dermatology practice has signed a new long-term lease at a nearly 140,000-square-foot office building in Ramsey, brokers with JLL announced Thursday.

Residential & Mixed Use
Move-ins underway at new 114-unit apartment building in Jersey City

A new 114-unit apartment building in Jersey City has welcomed its first residents, drawing a new crop of renters to a historic neighborhood near Liberty State Park.

Residential & Mixed Use
iStar taps leading builders for 270 new condos, townhomes in Asbury Park

The developer that has transformed a large stretch of the Asbury Park oceanfront has unveiled new plans that will bring another 270 luxury townhomes and condominiums to the city.

Office
C&W: Tutoring, travel media firms combine for 35,000 sq. ft. at Rutherford office complex

The owner of a two-building, 600,000-square-foot office property in Rutherford is welcoming two new tenants after a pair of long-term leases totaling nearly 35,000 square feet.

Industrial
Flooring company takes 20,000 sq. ft. in northern Bergen County, Chilmark says

A flooring company has leased nearly 20,000 square feet of industrial flex space in Bergen County, in a newly announced deal by Chilmark Real Estate Services.

Professional Services
Rivkin Radler names new associate for New Jersey real estate, zoning group

Law firm Rivkin Radler LLP has announced a new addition to its New Jersey real estate team.

Retail
Boutique fitness club, clothing shop among newest additions to Pier Village lineup

Kushner Cos. has signed another three retail leases at Pier Village, helping to grow and diversify the tenant roster at the sprawling mixed-use property in Long Branch.