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.

Office
Vantage Commercial inks sale of medical office building in Cape May Court House

A private investor has purchased a fully leased medical office building in Cape May Court House, in a newly announced deal by Vantage Commercial.

Industrial
Self-storage firm eyes new facility in North Bergen after buying vacant movie theater

A vacant movie theater in North Bergen is set to become a self-storage facility after the sale of the property by Madison International Realty, brokers with JLL announced Thursday.

Residential & Mixed Use
Paramus tract slated for 162-unit luxury senior housing project sells for $9.25 million

A developer has acquired nearly 10 acres in Paramus with approvals in place for 162 age-restricted apartments, according to a brokerage team with Hudson Atlantic Realty.

Residential & Mixed Use
Veerman inks $6.35 million sale of historic but renovated 22-unit rental building in Boonton

A historic 22-unit apartment building in Boonton has changed hands for nearly $6.4 million, in a transaction arranged by Veerman Asset Management.

Retail
LMC touts 1.1 million sq. ft. in 2025 leasing amid sustained demand at open-air centers

The strength of open-air shopping centers with robust anchors was on display in 2025, fueling an uptick in deal volume across Levin Management Corp.’s sprawling portfolio.

Industrial
Stonemont buys nine-acre Camden property in latest round of industrial service facility deals

Stonemont Financial Group has acquired more than 49,000 square feet of industrial space in Camden as part of a series of new transactions announced Wednesday.

Retail
Goldstein Group inks sale of 7,200 sq. ft. highway retail building in Iselin

A freestanding highway retail property in Woodbridge has changed hands for an undisclosed price, in a newly announced deal by The Goldstein Group.

People
Petrucci welcomes Boone, former intern, as full-time marketing coordinator

Zoe Boone has joined J.G. Petrucci Co. Inc. as its marketing coordinator, securing a full-time role after interning with the Asbury-based developer and design-build firm.

Finance & Capital Markets
Hopkins Group scores $35 million financing deal for 50-unit Jersey City project, CBRE says

A developer has landed nearly $35 million in financing for a plan to bring 50 new apartments with ground-floor retail space to downtown Jersey City, according to brokers with CBRE.

Professional Services
JLL capital markets group promotes multifamily experts Didio Jr., Quinn and DeVesty

JLL has promoted Thomas Didio Jr., Gerard Quinn and Elizabeth DeVesty of its Morristown-based capital markets team, touting their role in the firm’s surging pipeline of multifamily deals.