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
Cervelli: Investor adds 20-unit West New York apartment building for $3.3 million

A regional private investor has acquired a 20-unit apartment building in West New York for $3.34 million, in a deal arranged by Cervelli Real Estate & Property Management.

Office
Kislak named sales broker for 183,000 sq. ft. waterfront office building in Bucks County

The owner of a 183,000-square-foot office building along the Delaware River in Pennsylvania has tapped The Kislak Co. Inc. to sell the property.

Office
Plymouth Rock takes 11,000 sq. ft. at Mount Laurel office building, NAI Mertz says

Plymouth Rock Assurance has taken more than 11,000 square feet at a Mount Laurel office building, brokers with NAI Mertz announced Thursday.

Office
Sanzari, home health care provider ink 13,000 sq. ft. renewal in Hackensack

A home health care provider has renewed its lease at Hackensack’s Court Plaza office campus, where it occupies nearly 13,000 square feet under a deal with Alfred Sanzari Enterprises.

Government & Public Policy
EDA approves $53 million Aspire award to rehab Atlantic City affordable housing complex

WinnCompanies has set its sights on Atlantic City, where the affordable housing firm plans to modernize 177 rental units with the help of the state’s Aspire tax credit program.

Industrial
Mapletree plans new 420,000 sq. ft. logistics facility after buying 38-acre Poconos parcel

Mapletree Investments is planning its next industrial project in the region after acquiring nearly 38 acres in Eastern Pennsylvania, some 20 miles west of the New Jersey border.

Retail
NAI Hanson: Wonder joins retail roster at Print House project in Hackensack

The developers of the sprawling Print House project in Hackensack have all but filled its retail space after leasing more than 4,300 square feet to the food hall startup Wonder.

Residential & Mixed Use
Café brand Almost Home General opens at distinctive KRE apartment tower in Jersey City

KRE Group has welcomed a new café to the lobby of 351 Marin, a 507-unit luxury apartment tower in downtown Jersey City that opened its doors in 2022.

Residential & Mixed Use
RePropCo: Buyer wanted for new 336-unit luxury rental building at Jersey City, Hoboken border

The developer of a new 336-unit luxury apartment building in Jersey City has listed the property for sale, having tapped RePropCo Capital Advisors to spearhead the offering.

Professional Services
PREMIER Design + Build welcomes Rosa as vice president of construction in east region

PREMIER Design + Build Group has named William Rosa as vice president of construction for its eastern region, filling a key leadership post as it continues its growth in the market.