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.

Professional Services
R&J names new account coordinator on real estate team

R&J Strategic Communications has welcomed a new account coordinator to its real estate practice area, the Bridgewater-based firm announced.

Retail
Equity Retail inks sale of ex-Kmart building in Camden County

The site of a former Kmart building in Camden County has changed hands for an undisclosed price, under a deal arranged by Equity Retail Brokers.

Finance & Capital Markets
Urby, Panepinto secure $88 million loan for 317-unit Journal Square high-rise, JLL says

A joint venture has landed nearly $90 million in financing for its development of a 317-unit apartment tower in Jersey City, according to a debt placement team with JLL.

Residential & Mixed Use
New housing, retail coming to Newark under $88 million plan at Ballantine Brewery site

A development team has unveiled its plan to bring 280 mixed-income apartments and retail space to a piece of the historic Ballantine Brewery property in Newark.

Retail
Jersey Shore eatery inks 9,500 sq. ft. lease in Marlton, joining RD Management project

A popular Jersey Shore restaurant is expanding to Burlington County after taking more than 9,000 square feet at a new mixed-use development along Route 70.

Residential & Mixed Use
Denholtz sells five of 10 homes at riverfront condo project in Red Bank

Denholtz Properties has sold five of 10 luxury condominiums that the developer is building along the Navesink River in Red Bank.

Industrial
Sale of Middlesex self-storage asset among three recent commercial deals by Kislak

A longtime owner has sold a 72-unit self-storage property in Middlesex Borough for nearly $1.1 million, in one of three newly announced deals by The Kislak Co. Inc.

Residential & Mixed Use
Montclair owner sells 56-unit rental portfolio after 25 years, Hudson Atlantic says

A longtime owner has sold a two-building, 56-unit apartment portfolio in Montclair for $13.5 million, in a deal arranged by Hudson Atlantic Realty.

Residential & Mixed Use
Investor buys 10-building, 324-unit rental portfolio, in $50 million Elizabeth deal

A private investor has purchased a 324-unit apartment portfolio in Elizabeth as part of a newly completed, $50 million transaction, brokers with The Kislak Co. Inc. announced.

Industrial
Duke Realty adds vice president of leasing, development in New Jersey

Duke Realty has bolstered its team in the region with the hiring of a new vice president of leasing and development, the real estate investment trust announced.