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
Foundation work underway at 333,000 sq. ft. spec warehouse in Bayonne, LEG says

Lincoln Equities Group has broken ground on more than 330,000 square feet of speculative warehouse space in Bayonne, in the final piece of a highly touted 153-acre industrial park.

Government & Public Policy
EDA extends deadline for RFI on fund for minority, women-owned developers

The state Economic Development Authority has extended the deadline for responses to its recent call for input from minority- and women-owned development firms, in what it sees as a first step toward funding a program to help improve diversity in the real estate industry.

Roundtable
How can the construction industry become more sustainable?

How can the construction industry become more sustainable? We assembled a panel of industry experts to tackle this month’s question.

Retail
Iron Ore buys 59,000 sq. ft. grocery-anchored retail center in Trenton

An affiliate of Iron Ore Properties LLC has purchased a grocery-anchored retail center in Trenton, the Milburn-based firm announced Thursday.

Retail
LMC to manage Old Bridge retail center among two new assignments

Levin Management Corp. has secured two new assignments on behalf of property owners in and around its home state of New Jersey, the North Plainfield-based firm said.

Office
NAI Hanson inks sale of 10,000 sq. ft. office condo in Paramus

A local investor has acquired a 10,000-square-foot office condominium on Route 4 in Paramus, in a newly announced transaction by NAI James E. Hanson.

Industrial
Denholtz adds 54,000 sq. ft. Charlotte property under new JV for industrial deals

Denholtz Properties has acquired a nearly 54,000-square-foot building in Charlotte, marking its first deal under a newly formed, $1 billion joint venture for industrial properties.

Professional Services
CBRE names market leader for Central Jersey

CBRE has announced a new market leader for its central New Jersey operations, elevating a key longtime member of its sales and research teams in the region.

Industrial
Joint venture eyes 1.7 million sq. ft. logistics park after buying 282 acres in Salem County

CT Realty and PGIM Real Estate have acquired 282 acres in Salem County for a plan to develop a two-building, 1.7 million-square-foot industrial park at the Delaware Memorial Bridge.

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.