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
CIS starts construction on 102-unit affordable housing property in Manalapan

Community Investment Strategies has broken ground on a project that will bring more than 100 income-restricted apartments to Manalapan, the firm announced Tuesday.

Finance & Capital Markets
Procida lands $140 million refi from Madison, Pearlmark for Cherry Hill residential project

Procida Funding & Advisors has secured a $140 million loan to complete and lease up Plaza Grande, a long-awaited age-restricted, 507-unit residential development in Cherry Hill.

Residential & Mixed Use
Journal Square building with 36 apartments, retail space listed for sale

The owner of a 36-unit apartment building in Jersey City’s surging Journal Square district has tapped CBRE to market the property for sale.

Industrial
Larken delivers fully leased, 50,000 sq. ft. industrial project in Flemington

Larken Associates has completed and leased up a new 50,000-square-foot, multitenant warehouse in Flemington, the developer announced Tuesday.

Retail
Institutional buyer adds Bucks County retail property in $12 million deal, CBRE says

An investment firm has acquired a 25,000-square-foot retail property about 15 miles west of New Jersey, in Pennsylvania’s Bucks County, under a deal arranged by CBRE.

Office
JLL: Owners of Princeton campus eye new lab space with major renovation, built-to-suit option

The owners of a life sciences campus outside Princeton are bringing new laboratory space to the complex as part of a newly launched renovation at one of its six buildings — with the potential for more by way of a build-to-suit opportunity on vacant land.

Industrial
Bridge unveils 1.2 million sq. ft. logistics park in Perth Amboy, eyes next project after acquiring highly touted ‘Gateway’ site

Bridge Industrial has taken the reins of a high-profile, long-awaited redevelopment project in Perth Amboy, extending the firm’s more-than-decade-long partnership with the municipality.

Residential & Mixed Use
Buyer wanted for partially built, 74-unit rental project in Montclair, JLL says

The site of a partially completed 74-unit apartment building in downtown Montclair is on the market for sale, in a newly launched offering by JLL.

Office
Newmark: Keystone inks $18 million sale of 223,000 sq. ft. Moorestown office complex

Keystone has sold a nearly 223,000-square-foot office portfolio in Moorestown for $17.6 million, brokers with Newmark announced Monday.

Food & Beverage
BRBQ, new concept by Jersey City restaurateurs, coming to Journal Square Urby on June 20

The team behind two restaurants in Jersey City is expanding its presence in the city, with plans to open a new eatery at the Journal Square Urby property.