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
Seagis acquires 63,000 sq. ft. industrial building in South Hackensack

Seagis Property Group has acquired a 63,000-square-foot distribution facility at 41-51 James St. in South Hackensack.

Industrial
Investor buys 13,000 sq. ft. flex industrial building in Atlantic County, WCRE says

A buyer has expanded its portfolio with the addition of a 13,000-square-foot flex industrial building in Atlantic County, according to Wolf Commercial Real Estate.

Residential & Mixed Use
Skyline Development, local officials mark opening of 70 condos in North Bergen

Skyline Development Group has taken the wraps off Solaia, its new 70-unit luxury condominium property near the Hudson River waterfront in North Bergen.

Retail
Retired business owner sells 4,000 sq. ft. retail building in Ewing

A longtime business owner has sold a freestanding, 4,000-square-foot retail building in Mercer County, under a deal arranged by NAI Fennelly.

Residential & Mixed Use
DMR: Developer kicks off first of 11 buildings at 88-acre town center site in Whippany

A developer has broken ground on a project that will revive the former site of a historic paper mill complex in Hanover’s Whippany section, bringing nearly 1,000 residential units, 80,000 square feet of retail space and other uses as part of an 88-acre town center.

Industrial
Dermody, snack maker ink 201,000 sq. ft. lease at new Gloucester logistics campus

Dermody Properties has secured its first tenant at a new logistics park in Gloucester County, leasing more than 200,000 square feet to a specialty snack company.

Health Care & Education
Thor leases another 12,000 sq. ft. at lab-ready Jersey City life sciences building

A company that develops meat from cultured animal cells has become the second tenant to lease space at a newly repurposed, lab-ready building in Jersey City.

Residential & Mixed Use
KRE, Russo begin leasing at 345-unit rental property in Morris County

Kushner Real Estate Group and Russo Development have all but completed a new collection of 345 luxury apartments in Rockaway, where leasing is now underway.

Residential & Mixed Use
Onyx eyes early 2022 launch of newest boutique apartments in Ridgewood

Onyx Equities is set to unveil a new 39-unit luxury apartment building in downtown Ridgewood, as it looks to continue its momentum from another recently opened property in the village.

Industrial
Hanover warehouse, flex building trades for $3.4 million, Lee & Associates New Jersey says

Lee & Associates New Jersey has negotiated the sale of a 21,725-square-foot warehouse and flex building in Hanover for $3.425 million.