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.

Residential & Mixed Use
Preleasing underway at new 57-unit Denholtz rental property in Red Bank

Denholtz Properties has launched preleasing at a collection of 57 new apartments in Red Bank, aiming to continue efforts to revitalize the borough’s west side neighborhood.

Industrial
Longpoint buys 40,000 sq. ft. industrial building in Fairfield, AY says

A private equity firm has purchased a nearly 40,000-square-foot industrial property in Fairfield, in a newly announced transaction by Avison Young.

Office
WCRE inks sale of 55,000 sq. ft. Marlton office building

A partnership has purchased a fully leased, 55,000-square-foot office building in Evesham, according to a brokerage team with Wolf Commercial Real Estate.

Professional Services
National Integrity Title Agency welcomes new business development professional

National Integrity Title Agency has hired Victoria Zabala, whose focus will be on building relationships through networking, signing new accounts with realtors and fostering agent alliances with marketing assistance.

Residential & Mixed Use
Old Bridge multifamily properties trade for $25 million, Hudson Atlantic says

An investor has purchased a pair of multifamily properties in Old Bridge for nearly $25 million, in a newly announced deal by Hudson Atlantic Realty.

Government & Public Policy
Steadman retiring as FMERA executive director, with Kopach set to take the helm

The state agency that guides redevelopment of the iconic 1,100-acre Fort Monmouth property will soon have its first new leader in more than a decade.

Retail
Newly built Paramus shopping center draws six tenants for 23,000 sq. ft., Goldstein Group says

Six new tenants have committed to a new Paramus shopping center, under a series of newly announced transactions by The Goldstein Group.

Retail
Brookfield Place food hall operator brings new café concept to Jersey City Urby

A new upscale café and lounge has come to Jersey City Urby, the distinctive 69-story apartment tower along the Hudson waterfront.

Office
Eisai unveils 300,000 sq. ft. U.S. headquarters at Prism’s ON3 campus

A pharmaceutical company has opened its new U.S. headquarters in Nutley, where it occupies some 300,000 square feet as part of Prism Capital Partners’ acclaimed ON3 campus.

Government & Public Policy
Murphy taps longtime insurance executive to lead Atlantic City-based CRDA

A longtime insurance executive is taking the helm of the Casino Reinvestment Development Authority, a key state agency involved in guiding and funding projects in Atlantic City.