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
Boonton community is latest New Jersey project for AvalonBay

AvalonBay Communities Inc. has taken the wraps off its latest New Jersey project, debuting a new 350-unit luxury apartment property off Interstate 287 in Boonton.

Office
JLL: Joint venture acquires another ex-Mack-Cali building in Paramus

Mack-Cali Realty Corp. has closed on its sale of a 373,420-square-foot office building in Paramus, continuing an effort to trim its once-vast portfolio in Bergen County.

Industrial
Homestake, Harvestate launch 595-unit self-storage project in Winslow

A joint venture has broken ground on a new 595-unit self-storage facility in Winslow Township, under a partnership with the industry’s second-largest operator.

Professional Services
Vantage RES names new director of investment sales

Vantage Real Estate Services has hired a 35-year commercial real estate industry veteran as its new director of investment sales.

Office
Gastroenterology group renews for 9,000 sq. ft. in Marlton

A gastroenterology practice has extended its lease at a medical office complex in Marlton, under a newly announced transaction by Rose Commercial Real Estate.

Retail
C&W: Dental, dessert chains lease 4,500 sq. ft. at Edison retail development

A dental practice and a Taiwanese dessert chain have leased a combined 4,500 square feet at what will soon be a newly completed, 11,000-square-foot strip center in Edison.

Retail
Fast-growing daycare chain takes 10,000 sq. ft. in Burlington Co.

An early education chain is expanding in Burlington County with the recent completion of a 10,000-square-foot lease, brokers with The Goldstein Group said Monday.

Residential & Mixed Use
Hitting home: Professionalism, advocacy are long-held values for NJAA president

With six months to go as president of the New Jersey Apartment Association, industry veteran Steve Waters says he will continue his focus on both education and government affairs — supporting a membership that comprises more than 210,000 units statewide.

Policy Page
Industrial’s surge brings opportunity — and the need for critical growth strategies

Industrial real estate is still surging as commercial real estate’s hottest property type, and that’s no more evident than right here in New Jersey, providing a chance to showcase the innovation and creativity that’s taking place in the industry.

Residential & Mixed Use
South Jersey rental portfolio sells for $5.7 million, Marcus says

Three garden apartment complexes with a combined 95 units have changed hands in southern New Jersey, in a nearly $5.7 million transaction arranged by Marcus & Millichap.