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
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.

Office
WCRE: Human services agency renews 6,300 sq. ft. lease in Pennsauken

A community organization has signed a nearly 6,300-square-foot lease renewal at a Pennsauken office building, according to a brokerage team with Wolf Commercial Real Estate.