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.

Retail
JLL: Daycare, preschool center leases 14,000 sq. ft. at Hoboken office building

A new daycare and preschool center is coming to the base of a well-known office complex in downtown Hoboken, in a newly announced transaction by JLL.

Finance & Capital Markets
Sponsor inks financing for 4,000 affordable housing units, using $850 million in tax credits

An investment firm has closed financing for $850 million in affordable housing tax credit properties, doing so through a trio of institutional funds.

Office
Mack-Cali selling Jersey City office tower to Birch Group for $380 million

Mack-Cali Realty Corp. has agreed to sell a 42-story, 1.2 million-square-foot office tower in Jersey City to The Birch Group, reportedly for $380 million.

Office
Newmark inks sale of two-building, 140,000 sq. ft. portfolio at repositioned Warren campus

A joint venture has sold a pair of multipurpose commercial buildings in Warren, marking its latest transaction at a renovated and rebranded campus near Interstate 78.

Residential & Mixed Use
Newly built Summit townhomes trade for $625,000 per unit, Kislak says

An investor has acquired 10 newly built townhomes in Summit for nearly $6.3 million, according to a brokerage team with The Kislak Co. Inc.

Industrial
Recycling firm takes 35,000 sq. ft. in Eatontown, Sheldon Gross says

A recycling hauler is taking nearly 35,000 square feet of industrial space in Monmouth County, under a newly announced lease by Sheldon Gross Realty.

Residential & Mixed Use
Leasing underway at 150-unit rental property in Old Bridge

A development team has launched leasing at a new multifamily property in Old Bridge, marking the arrival of 150 upscale apartments at a location just west of Route 9.

Professional Services
Community association law expert joins Curcio Mirzaian

Law firm Curcio Mirzaian Sirot LLC has announced a new addition to its team of community association law, real estate and litigation attorneys.

Retail
Alvarez & Marsal Property Solutions to lease 130,000 sq. ft. Hoboken retail portfolio

The new owner of a 130,000-square-foot retail portfolio in Hoboken has tapped Alvarez & Marsal Property Solutions as its leasing agent for the spaces.

Retail
Home improvement, design center adds third location with lease in Cinnaminson

A home improvement and design store has leased 3,400 square feet of retail space in Burlington County, in a deal arranged by Vantage Commercial.