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.

Retail
North Bergen mixed-use property sold for $740,000

A personal trust has sold a 2,400-square-foot mixed-use property in Hudson County for $740,000, according to a brokerage team with Marcus & Millichap.

Industrial
Developer bringing new 200,000 sq. ft. logistics center to Bayonne, JLL says

A developer is eyeing a fall delivery for a project that will bring nearly 200,000 square feet of high-end industrial space to Bayonne, according to the firm and brokers with JLL.

Industrial
C&W: First National Realty sells 80,000 sq. ft. flex park on Route 9

A private equity firm has sold a nearly 80,000-square-foot flex campus in Old Bridge, in a transaction arranged by Cushman & Wakefield.

Top News
NJCU to honor Jersey City developer Paul Silverman at annual gala

New Jersey City University has unveiled plans to honor Paul Silverman, the longtime Jersey City developer, business leader and philanthropist, at its upcoming gala.

Office
Law, financial services firms renew at Sanzari’s Court Plaza complex in Hackensack

Alfred Sanzari Enterprises has signed two lease renewals at its three-building, 335,000-square-foot Court Plaza office campus in downtown Hackensack, the firm announced.

Office
Investor buys three-building, 23,000 sq. ft. Denville office complex, Coldwell Banker says

A private investor has purchased nearly 23,000 square feet of office space in Denville for $3.75 million, in a transaction arranged by Coldwell Banker Commercial Realty.

Office
IT consulting firm unveils 12,000 sq. ft. office in downtown New Brunswick

A global IT and business consulting services firm has opened the doors to its new 11,500-square-foot office in downtown New Brunswick.

Residential & Mixed Use
New Jersey-based JLL team inks $146 million sale of Long Island luxury rental complex

A development team has sold a newly built, 260-unit apartment property on Long Island for $146 million, in a deal by JLL’s Morristown-based capital markets team.

Residential & Mixed Use
Kislak: Brooklyn buyers acquire 49 units in Asbury Park for $5.9 million

An apartment investor has added 59 units with its purchase of two properties in Asbury Park, in a nearly $6 million deal arranged by The Kislak Co. Inc.

Professional Services
C&W taps Staskiewicz for leadership coach, business strategy post in New Jersey

Cushman & Wakefield has hired a longtime broker and industry executive for a newly created role aimed at building its talent pipeline and business development in New Jersey.