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
Cronheim: Apartment owner lands $10 million loan for Union, Essex portfolio

The owner of a 129-unit apartment portfolio in Union and Essex counties has landed more than $10 million in financing, in a newly completed transaction by Cronheim Mortgage.

Health Care & Education
Developers eye plans for 3 million sq. ft. life sciences, tech hub in Jersey City

A joint venture is detailing plans for a 3 million-square-foot, mixed-use campus in Jersey City that it says will be a hub for life sciences, technology and medicine just outside Manhattan.

Office
Mack-Cali sells 843,000 sq. ft. Short Hills office portfolio to Birch Group for $255 million

Mack-Cali Realty Corp. has sold four office buildings in Short Hills for $255 million, in a deal that marks another addition to the buyer’s fast-growing portfolio in New Jersey.

Industrial
Investment group closes sale of Meadowlands light industrial building, JLL says

An investment group has sold a 60,400-square-foot light industrial building in Carlstadt, under a newly announced transaction by JLL.

Office
Consulting firm inks lease to move to historic Trenton complex

A consulting firm is moving its headquarters to a historic industrial campus in Trenton, marking a milestone for the city and for the developer that is repurposing the property.

Industrial
C&W inks 340,000 sq. ft. lease in Hillsborough among latest industrial deals

A logistics user has leased nearly 340,000 square feet at a new industrial building in Somerset County, in one of several newly announced deals by Cushman & Wakefield.

Retail
Larken signs first four retail tenants at mixed-use Hillsborough project

Larken Associates has secured its first retail tenants at a development that will bring 191 luxury apartments to Hillsborough later this year.

Industrial
Sudler unveils first piece of South Carolina business park, using eco-friendly concrete tech

Sudler Cos. has delivered more than 200,000 square feet of new industrial space in upstate South Carolina as part of an ongoing expansion into the Southeast.

Residential & Mixed Use
Buyer wanted for 232-unit luxury apartment complex outside Princeton, JLL says

A luxury apartment complex near Princeton is on the market with a projected sale price of around $90 million, providing an opportunity for investors in the supply-constrained submarket.

Office
Sanzari signs three renewals for 25,000 sq. ft. at Teaneck campus

A real estate firm has renewed and expanded to 10,600 square feet of office space in Teaneck, in the largest of three newly announced transactions by Alfred Sanzari Enterprises.