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
Greystone inks $50 million loan for Camden County apartment deal

Greystone has closed nearly $50 million in financing to the buyer of a 484-unit garden apartment complex in Camden County, the commercial real estate lender announced.

Industrial
Essex County industrial parcel sold for $2 million, Lee & Associates New Jersey says

A trucking company has acquired a 1.25-acre industrial parcel in Irvington for just over $2 million, under a newly announced transaction by Lee & Associates New Jersey.

Residential & Mixed Use
Investment firm buys new South Orange apartment building for $9.3 million

A privately held firm has added to its portfolio with the purchase of a recently developed, 22-unit apartment building in downtown South Orange.

Residential & Mixed Use
Twelve-building, 240-unit apartment complex near Princeton on the market for sale

The owner of a 240-unit luxury apartment complex in Mercer County is seeking a buyer for the property, in a newly announced offering by JLL’s New Jersey capital markets team.

Professional Services
Walsh Co. adds veteran project, construction manager as newest principal

The Walsh Co. has made another addition to its leadership and project management team, tapping an industry veteran as a principal and executive vice president.v

Retail
Azarian inks 7,500 sq. ft. in new leases at Bergen, Essex county retail properties

The Azarian Group has signed four new retail leases in New Jersey, while touting a series of recent openings by five other tenants within its portfolio.

Deals
Mixed-use parcel near Rowan University sold, slated for redevelopment

The site of a former catering hall in Glassboro is now slated for redevelopment after a sale arranged by brokers with Vantage Commercial.

Residential & Mixed Use
Bogota apartments nearly 75 percent leased, with more than 200 units rented

The developer of a new luxury apartment complex in Bogota has opened a third building to prospective renters, having leased nearly 200 units at the riverfront property.

Retail
Development team, local leaders unveil new CVS Pharmacy in Plainfield

A development team led by CHA Partners joined local officials recently to unveil a new CVS Pharmacy in Plainfield.

Industrial
Denholtz marks dual milestones in expansion of flex portfolio to Tinton Falls

Denholtz Properties is adding to its vast portfolio of flex industrial space, having completed its first building in Tinton Falls as it marks the start of another in the sought-after submarket.