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
Marcus inks sales of Hoboken retail, residential properties in deals totaling $5.8 million

Two mixed-use buildings in Hoboken have changed hands in separate deals, fetching a combined $5.8 million in transactions arranged by Marcus & Millichap.

Professional Services
Wells, Jaworski names new partners, equity partner among land use and litigation teams

Wells, Jaworski & Liebman LLP has announced three key promotions, elevating Jennifer M. Berardo and Katie J. Razin to partner while naming Jameson P. Van Eck as an equity partner.

Events
ULI NNJ Excellence Awards set for April 16, with nomination deadline fast approaching

The Urban Land Institute Northern New Jersey is accepting nominations for its 2026 Excellence Awards, an event that will honor and bring together some of the region’s top developers, owners, designers, public-sector leaders and professional services firms.

Residential & Mixed Use
Landmark reaps $90 million in sale of 540-unit Union County rental portfolio, Kislak says

Landmark Cos. has sold a 10-property, 540-unit apartment portfolio in Union County for $90 million, in a newly announced deal by The Kislak Co. Inc.

Industrial
Saddleback sells new 50,000 sq. ft. industrial building in Hackettstown for $13 million

Saddleback Real Estate Developers has sold a newly built, 50,000-square-foot industrial building in Hackettstown for $13 million, the Fairfield-based firm announced last week.

People
Rockefeller Group hires Noorigian as senior vice president, chief people officer

Rockefeller Group has welcomed Greg Noorigian, a veteran of talent acquisition and general human resources practices, as its new senior vice president and chief people officer.

Retail
Vantage Commercial: Nail salon, kitchen and flooring store help fill Marlton strip center

The owner of a nearly 15,000-square-foot strip center in Burlington County has secured two new leases to bring the property to full occupancy, brokers with Vantage Commercial announced.

Residential & Mixed Use
Larken launches preleasing at new 420-unit Lehigh Valley rental property

Larken Associates is offering its first look at a new 420-unit luxury apartment property in the Lehigh Valley and less than five miles from New Jersey’s western border.

Government & Public Policy
Sherrill retains Suárez as Department of Community Affairs commissioner

Jacquelyn Suárez, the head of the state’s Department of Community Affairs, will stay on in the role when Gov.-elect Mikie Sherrill takes office in less than three weeks.

Government & Public Policy
State Plan gets first update since 2001 as Murphy team outlines land use, environmental goals

State officials have made a long-awaited update to a planning document that’s meant to guide land use, development and environmental policy across all levels of government in New Jersey.