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
Goldstein Group details early education provider’s lease at Middletown retail site

An early education provider has leased 10,000 square feet at a former restaurant site in Monmouth County, in a transaction announced by The Goldstein Group.

Residential & Mixed Use
Tolls Bros., Davis Cos. sell Princeton apartments for $92 million

A joint venture has sold a three-year-old, 232-unit luxury apartment property outside Princeton for more than $90 million, in a newly announced transaction by JLL.

Industrial
Terreno adds Meadowlands industrial property for $17.9 million

Terreno Realty Corp. has added to its New Jersey industrial holdings with the acquisition of a nearly five-acre parcel in Carlstadt.

Residential & Mixed Use
Developers mark leasing milestone, welcome residents to Jersey City apartment building

A development team has welcomed its first residents to a 199-unit apartment building in Jersey City, the latest addition to a master-planned neighborhood on the city’s west side.

Professional Services
CBRE names new market leader for greater Philadelphia

CBRE has named a longtime broker on its team as its new advisory services market leader for the greater Philadelphia region.

Industrial
Landlord taps Mertz as leasing agent for 246,000 sq. ft. industrial building in Salem

The owner of nearly 250,000 square feet of industrial space in northern Salem County has picked NAI Mertz as its leasing agent at the property.

Industrial
JLL: Buyer wanted for two-building, 81,000 sq. ft. industrial portfolio in Meadowlands

The owner of two Meadowlands industrial buildings has listed them for sale, in an offering that includes a vacant, newly renovated property and another that was recently leased.

Government & Public Policy
NJAA calls for faster rent relief payments as state, federal eviction bans come to an end

As the eviction moratorium winds down in the state, the New Jersey Apartment Association is urging Trenton to pick up the pace of sending out long-awaited rental assistance payments.

Residential & Mixed Use
Iselin apartment building sold for $15.7 million, C&W says

An investment firm has sold a three-year-old, 48-unit apartment building in Woodbridge for nearly $16 million, in a transaction arranged by Cushman & Wakefield.

Retail
Maple Shade retail building sold for first time in 40 years

The longtime owner of a freestanding retail building in Burlington County has sold the property, under a newly announced transaction by Vantage Commercial.