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
Houston-based firm, capital partner buy 580,000 sq. ft. Bridgewater industrial park

An investment group led by a Houston-based firm has acquired an 18-building industrial park in Bridgewater, adding more than 580,000 square feet to its portfolio in the region.

Industrial
Bridge names Northeast acquisitions director amid new value-add platform

Bridge Industrial has named a new director of acquisitions in the Northeast as part of a series of recent moves by the fast-growing logistics and warehouse space developer.

Finance & Capital Markets
JLL: Hekemian & Co. inks $78 million refi of new Hackensack apartments

An affiliate of Hekemian & Co. has landed a $78 million loan to refinance a new 254-unit luxury apartment building in Hackensack, in a transaction arranged by JLL.

Professional Services
Kitchen & Associates names new managing principal after more than a decade

Design firm Kitchen & Associates has named a new managing principal to help guide its continued growth across the multifamily sector.

Residential & Mixed Use
CBRE: OneWall sells 44-unit East Orange apartment building in latest Essex County deal

Workforce housing investor OneWall Communities has sold a 44-unit apartment building in East Orange, marking the latest deal involving its Essex County portfolio.

Health Care & Education
Equus Capital affiliate sells 79,000 sq. ft. R&D building outside Princeton, C&W says

An investment manager has sold a nearly 80,000-square-foot life sciences building just outside Princeton, under a deal arranged by Cushman & Wakefield.

Office
NAI Hanson inks sale of 2,400 sq. ft. Hackensack office building

A law practice has purchased a nearly 2,500-square-foot office building across from the Bergen County Courthouse in Hackensack, according to a brokerage team with NAI James E. Hanson.

Professional Services
Mancini Duffy acquires fellow design firm, details expanded headquarters

Design firm Mancini Duffy has announced its acquisition of Gertler & Wente Architects, in a move aimed at further growing its footprint in health care, multifamily and other sectors.

Residential & Mixed Use
Developer sells newly built 88-unit Hackensack apartment building for $39 million

The developer of a new 88-unit luxury apartment building in downtown Hackensack has sold the property for nearly $39 million, in a deal arranged by The Kislak Co. Inc.

Finance & Capital Markets
Mag Mile Capital inks $9 million loan for three-property deal in Atlantic County

Mortgage banking firm Mag Mile Capital has secured a loan of $8.85 million to cover the purchase of three investment properties in Atlantic County.