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.

Technology
Warren County solar farm fetches $3.5 million, C&W says

A new 49-acre solar farm in Warren County has changed hands for $3.5 million, under a transaction arranged by Cushman & Wakefield.

Residential & Mixed Use
New Jersey remains a draw for out-of-state developers — despite the hurdles

For developers from out of state, building in New Jersey can be a challenge. Yet there are builders that make it work — generally when there’s buy-in from government officials — and New Jersey remains a draw for many of them.

Retail
JDA Group acquires Starbucks, Bank of America property in Fort Lee

A developer and investment firm has acquired the site of a Starbucks and bank kiosk property in Fort Lee, marking an expansion into the Bergen County retail sector.

Retail
Kushner taps Pierson as retail leasing agent at Pier Village in Long Branch

Kushner Cos. has named Pierson Commercial as its retail leasing agent at Pier Village, the popular mixed-use, oceanfront development in Long Branch.

Industrial
WCRE: Camden County building sold, set to become headquarters for solar company

A former gym operator has sold a 35,000-square-foot commercial building in Camden County, under a newly announced deal by Wolf Commercial Real Estate.

Roundtable
Amid continued uncertainty in the market, how should office landlords and tenants approach lease renewals in 2022?

Amid continued uncertainty in the market, how should office landlords and tenants approach lease renewals in 2022? We assembled a panel of industry experts to tackle this month’s question.

Industrial
Stro, packaging business ink 37,000 sq. ft. warehouse lease in Fairfield

The Stro Cos. has leased 37,000 square feet of industrial space in Fairfield to a packaging company, providing the latter with a new long-term home along Route 46.

Residential & Mixed Use
Russo plans fall launch for upscale apartments in Garwood

Russo Development is gearing up to open its latest luxury multifamily project, a collection of nearly 300 apartments in the Union County borough of Garwood.

Professional Services
BRC adds two vice presidents to launch retail division

Bussel Realty Corp. is expanding into retail brokerage, having added two vice presidents to spearhead the new division.

Industrial
Tulfra sells Totowa condo units to congregation, its longtime tenant

Tulfra Real Estate has sold four commercial condominium units in Totowa to a local congregation, a longtime tenant at the firm’s mixed-use property in the township.