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.

Residential & Mixed Use
Six-unit North Bergen apartment building trades for $895,000, Cervelli says

Investors have acquired a six-unit apartment building in North Bergen for nearly $900,000, in a deal arranged by Cervelli Real Estate & Property Management.

Industrial
CoreOne adds two-building, 64,000 sq. ft. shallow-bay portfolio in Waldwick, AY says

CoreOne Industrial has acquired a nearly 64,000-square-foot industrial portfolio in the Bergen County borough of Waldwick, according to a brokerage team with Avison Young.

Residential & Mixed Use
Connell tops out 179-unit rental project at The Park in Berkeley Heights

The Connell Co. has hit another construction milestone at The Park, its flagship campus in Berkeley Heights, where the site’s first luxury apartment building is quickly taking shape.

Industrial
NAIDB: Warehouse user inks full-building deal for 11,000 sq. ft. in Roselle

A private industrial user has leased more than 11,000 square feet at a Roselle warehouse, in a newly announced deal by NAI DiLeo-Bram & Co.

People
Denholtz’s Omundsen named 2025 Connect CRE Next Generation Awards honoree

A trade publication has recognized Shane Omundsen, vice president of acquisitions with Denholtz, as a rising star and a key player in the firm’s growing national footprint.

Retail
WCRE: ‘Rage room’ business leases 3,200 sq. ft. at Camden County retail center

A so-called rage room is coming to Camden County after taking 3,200 square feet of retail space on a major thoroughfare, according to a broker with Wolf Commercial Real Estate.

Industrial
Brookfield leases up new 152,000 sq. ft. industrial building in Union, Lee & Associates says

Brookfield Properties has preleased a nearly 152,000-square-foot industrial building in Union Township, in a newly announced deal by Lee & Associates – WBE New Jersey.

Residential & Mixed Use
Woodmont, Canoe Brook launch leasing at 199-unit Randolph rental property

Woodmont Properties and Canoe Brook Development have unveiled their latest joint venture, launching leasing at a 199-unit luxury rental property along Route 10 in Randolph.

Retail
TFE sells 93,000 sq. ft. Fair Lawn shopping center one year after acquisition

TFE Properties has sold a nearly 93,000-square-foot shopping center with redevelopment potential in Fair Lawn, inking the deal less than a year after acquiring the property.

Retail
Urban Edge, Chip City ink 800 sq. ft. lease to fill Marlton shopping center

Urban Edge Properties has signed an 800-square-foot lease with Chip City Cookies, bringing another tenant to a grocery-anchored shopping center in Evesham Township.