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
Prism hits 50 percent leased milestone at 232-unit Woodbridge rental project

Prism Capital Partners has rented 50 percent of its new 232-unit luxury apartment building in downtown Woodbridge, hitting the milestone in less than three months.

Residential & Mixed Use
Tantum, public officials hail opening of veterans housing building in Jersey City

Tantum Real Estate has opened the doors to a new boutique apartment building in Jersey City that will provide affordable housing to military veterans and other residents.

Professional Services
Colliers touts new hires for New Jersey leasing, investment sales teams

Colliers has named Charles Calvert as a managing director in its fast-growing Princeton office, the real estate services firm announced Tuesday.

Retail
Investment firm buys ShopRite-anchored retail center in Millville

An investment firm has expanded its portfolio in the region with the purchase of a 393,000-square-foot, grocery-anchored shopping center along Route 47 in Millville.

Residential & Mixed Use
KRE, Silverman launch leasing at Lehigh Valley rental property

Two well-known New Jersey developers have all but completed a new 273-unit luxury apartment property about 30 miles west of their home state.

Finance & Capital Markets
G.S. Wilcox inks $7.5 million loan for Long Island retail center owner

The longtime owner of a 45,000-square-foot shopping center on Long Island has secured $7.5 million in financing, in a newly announced transaction by G.S. Wilcox & Co.

Industrial
Top brokerage team led by Lissner, Waxman joins C&W industrial group

A team led by two of the state’s top industrial brokers has joined Cushman & Wakefield, bringing a vast network of owner and occupier clients in an asset class that has soared to unprecedented levels in recent years.

Roundtable
What will be a major environmental or sustainability concern for property owners in 2022?

What will be a major environmental or sustainability concern for property owners in 2022? We assembled a panel of industry experts to tackle this month’s question.

Government & Public Policy
State eyes sale, redevelopment of 230,000 sq. ft. office building in downtown Trenton

State officials are seeking a buyer to revitalize the 10-story, 230,000-square-foot office building in downtown Trenton that was the longtime home of New Jersey’s Division of Taxation.

Office
Developer moving from Brooklyn to Englewood Cliffs office building, NAI Hanson says

NAI James E. Hanson has negotiated a lease for 1,440 square feet of office space in Englewood Cliffs for Prime Equity Real Estate.