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.

Finance & Capital Markets
JLL: Owner of three Raritan Center buildings in Edison refis for $14 million

The owner of three industrial buildings in Edison’s Raritan Center has refinanced for $14.35 million, in a transaction arranged by JLL.

Residential & Mixed Use
Marcus: Apartments in Franklin, New Brunswick trade for $5.3 million

A private investor has acquired a 39-unit apartment portfolio in central New Jersey for more than $5.3 million, under a deal arranged by Marcus & Millichap.

Office
Vision, Birch Group tap Garibaldi as leasing agent for Florham Park office building

A joint venture has appointed The Garibaldi Group as its leasing team for a newly acquired, 220,000-square-foot office building in Florham Park.

Office
Signature Acquisitions inks 90,000 sq. ft. in new leases, renewals at Parkway office buildings

The owner of eight office buildings in Cranford and Clark has completed a flurry of leasing activity at the properties, including new commitments totaling 50,000 square feet.

Residential & Mixed Use
Leasing underway at second phase of new apartments in Union Township

A developer has unveiled the second phase of what will ultimately be more than 230 apartments in Union Township, bringing another 75 units to the municipality’s growing downtown.

Office
Cured meats importer takes space at new-look office, co-working building in Hoboken

An importer of cured meats has relocated to New Jersey from Brooklyn, having signed a lease at a newly renovated co-working center in Hoboken.

Government & Public Policy
Claremont breaks ground on homeless shelter, moving closer to new 444-unit apartment tower

A developer has broken ground on a new homeless services center in Jersey City, marking a key step in a plan to ultimately build a 23-story, 444-unit apartment tower across the street.

Industrial
Sitex acquires 30,000 sq. ft. warehouse in Fairfield

Sitex Group has picked up a 30,000-square-foot warehouse in Fairfield, where it’s planning a series of upgrades with the building slated to become available in 2022.

Residential & Mixed Use
Marcus: Family sells Jersey City development site assembled over 30 years

A development tract three decades in the making has changed hands in Jersey City, in a newly announced transaction by Marcus & Millichap.

Retail
Eateries lease 6,000 sq. ft. in Florham Park, Goldstein Group says

Three restaurants have combined to lease nearly 6,000 square feet at a Florham Park shopping center, in a series of deals announced by The Goldstein Group.