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.

Government & Public Policy
Newark eyes redevelopment, kicks off demolition of 82-year-old public housing complex

Newark city officials on Thursday took a key step toward redeveloping a historic but blighted public housing complex, where plans call for a new mixed-income residential complex and potential commercial uses such as business incubators, film studios and research space.

Deals
Terreno, logistics firm ink 2.4-acre lease for truck parking in Kearny, NAI Hanson says

A logistics firm has leased 2.4 acres in Kearny that it will use to park its fleet of trucks, trailers and chassis, according to a brokerage team with NAI James E. Hanson.

People
Ware Malcomb promotes Northeast civil engineering leader to director

Design firm Ware Malcomb has announced a promotion for the leader of its civil engineering practice in the Northeast.

Retail
Jackson Hewitt takes 1,200 sq. ft. at Linden apartment, retail property

Tax service provider Jackson Hewitt has leased space at the site of a 113-unit luxury apartment property in Linden, in a deal arranged by Lee & Associates New Jersey.

Retail
Boniakowski inks sale, lease deals in Middlesex and Union

An investor has purchased a 2,700-square-foot commercial property in Middlesex Borough, in one of several newly announced deals by The Boniakowski Commercial Real Estate Group.

Residential & Mixed Use
Two years after massive fire, Bound Brook looks to rebuild momentum for downtown revival

With the addition of 500 new apartments in recent years and hundreds more in the pipeline, local officials in Bound Brook are forging ahead with efforts to revitalize their downtown.

Health Care & Education
Urban Edge, HMH bringing 80,000 sq. ft. medical office building to Bergen Town Center

Urban Edge Properties is bringing a new 80,000-square-foot medical office building to its flagship Bergen Town Center, having signed a lease with Hackensack Meridian Health.

Industrial
Denholtz forms $1 billion joint venture targeting multitenant industrial properties

Denholtz Properties has teamed with an institutional partner for a new $1 billion joint venture that will seek to acquire and develop multitenant industrial buildings.

Industrial
STRO, Valley Bank close $10.8 million loan for Passaic County industrial buildings

The STRO Cos. has secured a nearly $11 million loan to acquire a Passaic County industrial building and refinance another, the Ridgewood-based firm announced.

Office
C&W: Investor buys Princeton-area medical office building for $8 million

An investor has purchased a roughly 25,000-square-foot medical office building in West Windsor for $8 million, in a newly announced deal by Cushman & Wakefield.