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
Developers launch leasing at 145-unit rental building in Jersey City

A joint venture has opened the doors to a new 145-unit apartment building on the west side of Jersey City, touting a design focused on local artists and cultural offerings.

Top News
CBRE: Tristate data center demand still strong, with inventory still limited

Data center vacancy in the tristate area reached an all-time low in 2020, according to CBRE, thanks in part to demand fueled by cloud providers, health care and financial institutions.

Retail
Discount chains add four new locations in New Jersey, R.J. Brunelli says

Dollar Tree has signed four new leases in northern and central New Jersey, including two at spaces that had been home to a now-shuttered home furnishings chain.

Retail
Tile chain opens 12,500 sq. ft. Wayne location, Goldstein Group says

A national tile retailer has opened a new 12,500-square-foot store in Wayne, following a recent lease arranged by The Goldstein Group.

Professional Services
Former Children’s Place real estate executive joins Resource Realty

Resource Realty of Northern New Jersey has bolstered its team with the addition of a veteran retail industry executive.

Office
Newmark touts leasing assignment at Cedar Knolls office, flex portfolio

A landlord has selected Newmark Associates as its leasing agent for a 410,000-square-foot office and flex portfolio in Morris County.

Residential & Mixed Use
Developers plan 21-unit apartment building in Hackensack Opportunity Zone

A joint venture is proceeding with plans for a 21-unit apartment building in Hackensack after recently securing planning board approval for the project.

Retail
Mexican eatery inks lease at Cherry Hill retail center, Vantage Commercial says

A fast casual restaurant chain has signed a long-term lease at a Cherry Hill shopping center, in a newly announced transaction by Vantage Commercial.

Residential & Mixed Use
Fisher set to unveil 452 luxury apartments in Jersey City, completing two-tower project

Fisher Development Associates is set to open a second waterfront apartment tower in Jersey City, delivering another 452 homes to the growing Liberty Harbor neighborhood.

Industrial
Kokes plans 45,000 sq. ft. self-storage project in Ocean County

Kokes Properties is eyeing the start of a new self-storage project in Ocean County after recently securing approvals for the 45,000-square-foot facility.