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.

Finance & Capital Markets
Landlord inks $18 million loan for tristate retail, office portfolio, Meridian says

The owner of a retail and office portfolio in New Jersey and New York City has secured $18 million in financing for the properties, under a deal arranged by Meridian Capital Group.

Industrial
NAI Hanson: Hackensack industrial building sold to metal, pipe fitting company

A growing industrial user has purchased a 5,000-square-foot building in Hackensack, in a newly announced transaction by NAI James E. Hanson.

Office
REIT selling 675,000 sq. ft. Sanofi campus in Bridgewater for $261 million

A real estate investment trust is selling the nearly 675,000-square-foot Sanofi U.S. headquarters campus in Bridgewater for $261 million, in a move that comes as part of its pivot toward a large-scale, necessity-based retail portfolio.

Residential & Mixed Use
Joint venture marks latest milestone at new West Side rentals in Jersey City

The developers of a new luxury apartment building on Jersey City’s West Side are touting continued momentum after recently debuting another 68 units at the property.

Retail
Vantage Commercial inks sale of former auto repair shop in Camden County

The site of a former auto repair shop in Camden County has changed hands, in a deal arranged by brokers with Vantage Commercial.

Industrial
Devli acquires 175,000 sq. ft. Meadowlands industrial building

Devli Real Estate has purchased a 175,000-square-foot industrial building in East Rutherford, marking the latest addition to its portfolio in northern New Jersey.

Office
MDC sells 227,000 sq. ft. Hackensack office building, C&W says

Mountain Development Corp. has sold a nearly 227,000-square-foot office building in Hackensack, in a transaction arranged by Cushman & Wakefield.

Retail
Marcus: Net-leased childcare center in Monmouth fetches $3.3 million

An investor has purchased the site of a net-leased childcare center in Manasquan for nearly $3.3 million, in a newly announced deal by Marcus & Millichap.

Top News
The best of The Briefing 2021

Dear readers, As we look ahead to 2022, we’re excited to look back at our top stories of 2021, including our most-read items and a few editor’s picks. You can catch up on our daily “best of” emails below. Happy…

Industrial
CenterPoint adds to 8A holdings with 198,000 sq. ft. warehouse in Dayton

CenterPoint Properties has closed on a 198,000-square-foot industrial building in South Brunswick, its third acquisition in the Exit 8A submarket in six months.