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.

Industrial
Woodmont, Jingoli launch construction of 152,000 sq. ft. South Amboy industrial project

A joint venture has broken ground on a project that will bring more than 150,000 square feet of new high-end industrial space to a former brownfield site in South Amboy.

Residential & Mixed Use
Marcus inks $2.3 million sale of Jersey City apartment building

A private investor has sold a 12-unit apartment building in Jersey City’s West Side neighborhood, according to a brokerage team with Marcus & Millichap.

Finance & Capital Markets
Urstadt Biddle lands $21 million loan for New Providence retail center, Cronheim says

The owner of a 108,000-square-foot, grocery-anchored shopping center in New Providence has secured $21 million in financing for the site, in a deal arranged by Cronheim Mortgage.

Residential & Mixed Use
Kislak details North Jersey multifamily, retail sales totaling $5.5 million

A private investor has purchased a nine-unit apartment building in Orange for $1.5 million, in one of several newly announced deals by The Kislak Co. Inc.

Retail
Atkins, Woodmont welcome new restaurant tenants to Washington Square Town Center

Three food and beverage tenants have opened their doors alongside a newly developed mix of medical users, housing and commercial space in Gloucester County.

Office
Lab supply maker takes 9,300 sq. ft. at new-look Paramus office building

A laboratory supply company has leased more than 9,000 square feet of office space in Paramus, in one of two newly announced deals by Cushman & Wakefield.

Industrial
Duke, JD.com ink 217,000 sq. ft. lease for spec warehouse in Piscataway

Duke Realty Corp. has leased nearly 217,000 square feet to JD.com, China’s largest direct online retailer, filling a speculative industrial building under construction in Piscataway.

Top News
Developers, officials unveil plan for $125 million Lionsgate studio complex in Newark

A sprawling studio complex is coming to the former site of a Newark public housing complex, under a $125 million project unveiled Tuesday by its development team and public officials.

Retail
FNRP adds 227,000 sq. ft. Acme-anchored center in Voorhees

First National Realty Partners has made another addition to its grocery-anchored retail portfolio, acquiring a nearly 230,000-square-foot shopping center in Camden County.

Residential & Mixed Use
City leaders hail completion of new affordable housing in Elizabeth

Local officials have unveiled a new 60-unit, two-building development in Elizabeth that will provide housing for dozens of lower-income or formerly homeless residents.