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
Spencer Savings Bank promotes veteran executive, retail division leader

Spencer Savings Bank has promoted a veteran banker who leads its retail division.

Residential & Mixed Use
Second phase opens at latest Ironstate, Pegasus rental project in Harrison

Developers have released the second phase of homes at a 310-unit luxury apartment project in Harrison, citing strong leasing activity since its debut earlier this year.

Residential & Mixed Use
Developers tout first move-ins at 35-unit rental building in Bergen County

A development team has welcomed its first residents to a new 35-unit luxury apartment building in East Rutherford.

Health Care & Education
Urgent care takes 2,500 sq. ft. in Bergen County, NAI Hanson says

An urgent care center has leased more than 2,500 square feet of office space in Bergen County, in a newly announced transaction by NAI James E. Hanson.

Residential & Mixed Use
Kushner Cos. sells 360-unit Hackensack rental property for $114 million, JLL says

Kushner Cos. has sold a two-building, 360-unit apartment property in Hackensack for more than $114 million, under a newly announced transaction by JLL.

Residential & Mixed Use
AvalonBay names co-developers for massive housing, retail project at Princeton Junction

AvalonBay Communities Inc. has announced three co-developers for a $300 million project to create a new mixed-use destination at the Princeton Junction train station.

Professional Services
JLL adds former Transwestern brokers McDonough, Ligorner

Two veteran brokers have joined JLL’s northern New Jersey office leasing team.

Office
KRE, JAG-ONE sign 12,000 sq. ft. lease for PT provider’s new headquarters in Bridgewater

A growing physical therapy chain is moving its headquarters to Bridgewater after signing a long-term, 12,000-square-foot office lease with Kushner Real Estate Group.

Office
Sanzari inks 50,000 sq. ft. renewal in Teaneck with animal health company

An animal health company has renewed its nearly 50,000-square-foot lease at Alfred Sanzari Enterprises’ flagship Teaneck campus, the site of its global headquarters since 2012.

Professional Services
Insurance firm promotes Hamilton-based specialist in environmental, construction group

An insurance brokerage has announced the promotion of a Hamilton-based specialist in its environmental and construction professional practice.