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
Developer eyes 2022 delivery for Jersey City Heights apartment building

A developer has secured local approvals to build a new 20-unit apartment building with commercial space in Jersey City’s Heights neighborhood.

Health Care & Education
Addiction treatment center takes 3,700 sq. ft. in Fair Lawn, NAI Hanson says

An addiction treatment provider has leased nearly 4,000 square feet of medical office space in Fair Lawn, in a newly announced transaction by NAI James E. Hanson.

Retail
LMC: Hallmark renews, expands to 6,000 sq. ft. at Bridgewater shopping center

A family-owned Hallmark store has renewed and expanded its lease at a Bridgewater shopping center, under a transaction arranged by Levin Management Corp.

Professional Services
B6 touts new broker, new listings for growing New Jersey team

B6 Real Estate Advisors has added to its team in the Garden State, the brokerage firm said, touting the growth of its property listings in Hudson and Union counties.

Industrial
Kislak inks sale of 44,000 sq. ft. industrial building in Hunterdon

A warehouse and manufacturing building in Hunterdon County has changed hands for nearly $4 million, in a transaction arranged by The Kislak Co. Inc.

Residential & Mixed Use
Woodmont launches leasing at 443-unit rental property near Princeton

Woodmont Properties has launched leasing at a new 443-unit luxury apartment complex in West Windsor, where it plans to welcome its first residents this summer.

Residential & Mixed Use
Waterfront condo project in Weehawken nears sell-out, developer says

A luxury homebuilder is approaching a milestone at its first New Jersey project, having sold nearly 90 percent of its new 183-unit condominium property in Weehawken.

Finance & Capital Markets
Vineland garden apartment owner lands $4.6 million loan, Cronheim says

The owner of a 100-unit garden apartment complex in Vineland has secured more than $4.5 million in financing, according to a debt placement team with Cronheim Mortgage.

Residential & Mixed Use
Developers eye completion, launch of sales at ‘Wonder Lofts’ project in Hoboken

A joint venture is preparing to unveil a collection of new loft-style homes in Hoboken, as it nears the completion of a plan to restore and convert the city’s historic Wonder Bread factory.

Professional Services
Transwestern to close New Jersey office in early April, company says

Transwestern is closing its New Jersey office next month, a company representative said, in a move that comes a decade after the commercial real estate services firm entered the market.