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
Kislak: Developer, longtime owner sells Orange County apartments for $7.3 million

The developer of a 48-unit garden apartment complex in New York’s Orange County has sold the property after nearly 60 years, according to The Kislak Co. Inc.

Residential & Mixed Use
Tulfra, Hampshire eye debut of second phase at 180-unit rental project in North Haledon

A development team is set to open the second phase of a new 180-unit luxury apartment complex in North Haledon, where it has repurposed a long-vacant site near Route 208.

Professional Services
Global due diligence firm acquires East Brunswick-based Peak Environmental

A global commercial real estate due diligence advisory firm has expanded its foothold in the region with the acquisition of an East Brunswick-based environmental consulting team.

Industrial
NAI Hanson inks sale of 6,500 sq. ft. Hackensack industrial property

An investment firm has purchased a 6,500-square-foot industrial flex building in Hackensack, under a newly announced transaction by NAI James E. Hanson.

Retail
Nail salon takes 1,600 sq. ft. at Chatham retail center, LMC says

A shopping center in Chatham has reached full occupancy with a newly completed, 1,600-square-foot lease by a nail salon, in a deal arranged by Levin Management Corp.

Office
Investor adds 1,400 sq. ft. office condo in Burlington County, Vantage Commercial says

An investor has added to its holdings in southern New Jersey with the addition of an office condominium in Medford, according to brokers with Vantage Commercial.

Industrial
CBRE: Rockaway industrial building sells for $20 million, with Party City set to depart

An investor has purchased a Rockaway industrial building that has served as office space in recent years but will now go back to its original use, brokers with CBRE announced.

Industrial
Investor demand for industrial space soaring to new heights, as rents rise at record pace

Industrial rents in New Jersey and other top markets are rising at unprecedented rates, leaving investors hungrier than ever for properties across the asset class.

Industrial
Investor sells 95,000 sq. ft. industrial building in Union, Blau & Berg says

A private investor has sold a multitenant, 95,000-square-foot industrial building in Union Township, according to a brokerage team with The Blau & Berg Co.

Residential & Mixed Use
BNE launches leasing at 291-unit South Amboy rental property

BNE Real Estate Group has opened the doors to a collection of nearly 300 apartments in South Amboy, the first piece of a $500 million redevelopment along the Raritan Bay.