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
New York investor buys Garfield rental property, its first New Jersey acquisition

An out-of-state investor has acquired a newly built, 75-unit apartment complex just steps from a train station in Garfield, in a newly announced transaction by CBRE.

Retail
LMC: Restaurant, nail salon lease 10,000 sq. ft. at Jersey City shopping center

A growing restaurant chain and a nail salon are joining a Jersey City shopping center, having leased a combined 10,000 square feet at the 95,000-square-foot complex.

Retail
Bridal salon takes 5,700 sq. ft. at Rochelle Park retail center, C&W says

A bridal salon has leased nearly 6,000 square feet at a retail property in Rochelle Park, brokers with Cushman & Wakefield said, bringing the newly developed asset to full occupancy.

Retail
Weight loss clinic leases 2,400 sq. ft. at Marlboro shopping center

A weight loss clinic is taking nearly 2,400 square feet at a newly renovated shopping center in Monmouth County, under a transaction announced by Basser Kaufman.

Industrial
Bridge, Uniqlo ink major lease at 3.85 million sq. ft. industrial project in Warren County

Bridge Development Partners has landed a major tenant at a six-building, 3.85 million-square-foot industrial park now under construction in Warren County, inking its largest lease to date with the Japanese clothing maker Uniqlo.

Finance & Capital Markets
JLL inks $118 million loan package for Roseland apartment community

The owner of a 360-unit apartment community in Roseland has secured nearly $120 million in financing, in a newly announced transaction by brokers with JLL.

Residential & Mixed Use
New downtown Rutherford rental building hits leasing milestone

A new boutique rental building in downtown Rutherford has leased 75 percent of its available apartments just four weeks after opening to the public.

Retail
Big-box furniture, flooring stores join IKEA center in Elizabeth, CBRE says

Two new big-box retailers have joined the well-known IKEA-anchored retail complex along the New Jersey Turnpike, occupying a combined 248,000 square feet at the Elizabeth property.

Residential & Mixed Use
Joint venture launches second phase of Bayonne project with new retail, 651 rentals

Developers have broken ground on the next phase of a mixed-use project in Bayonne, where they are planning more than 650 apartments and some 90,000 square feet of additional retail space.

Industrial
CBRE: Developer unveils 100,000 sq. ft. warehouse in Jersey City, its first New Jersey project

A developer has completed its first New Jersey industrial project, offering nearly 100,000 square feet of new warehouse space in Jersey City just minutes outside New York City.