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.

Industrial
Westwood industrial building trades for $1.6 million, Marcus says

A private buyer has acquired a Bergen County industrial building for nearly $1.6 million, under a newly announced transaction by Marcus & Millichap.

Retail
Jersey Mike’s leases 1,200 sq. ft. at Woodbridge shopping center, LMC says

The leasing team at a Woodbridge shopping center has brought the complex to full occupancy, having completed a 1,200-square-foot lease with Jersey Mike’s Subs.

Residential & Mixed Use
Amenity spaces now open at 79-story condo tower in Jersey City

A developer has unveiled its long-awaited amenity spaces at a 79-story, waterfront condominium tower in Jersey City.

Roundtable
Besides e-commerce, what sectors or niches will drive industrial development in 2022?

Besides e-commerce, what sectors or niches will drive industrial development in 2022? We assembled a panel of industry experts to tackle this month’s question.

Residential & Mixed Use
Accurate Builders, local officials mark debut of luxury apartments in Raritan Borough

A developer has officially opened the doors to a new collection of 276 luxury apartments along NJ Transit’s Raritan Valley Line in Somerset County.

Industrial
NAI Hanson, Van Houten complete sale of historic 108,000 sq. ft. building in Paterson

A joint venture has purchased a historic industrial complex in Paterson, paving the way for a potential adaptive reuse project alongside other redevelopment efforts in the city.

Residential & Mixed Use
Paterson apartment portfolio trades for $2.9 million

A private investor has sold a two-building, 22-unit apartment portfolio in Paterson for nearly $2.9 million, brokers with Lee & Associates New Jersey announced Wednesday.

Residential & Mixed Use
Clothing, accessories shop opens at new Asbury Park condo property

A clothing and accessories shop has expanded its footprint at the Jersey Shore, opening a new location at the base of an oceanfront condominium building in Asbury Park.

Industrial
Utility contractor renews 14,000 sq. ft. lease in Mercer County, NAI DiLeo-Bram says

A contractor has renewed its nearly 14,000-square-foot lease at a Robbinsville industrial building, under a newly announced deal by NAI DiLeo-Bram & Co.

Photos
IOREBA hosts 52nd annual golf, tennis outing

A group of industry professionals turned out recently for an annual golf and tennis outing hosted by the Industrial and Office Real Estate Brokers Association.