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.

Sponsored Content

Autonomous vehicles will bring big changes to New Jersey real estate

As far back as 1957, advertisements in the nation’s leading magazines promised that, “one day, your car may speed along an electric super-highway, its speed and steering automatically controlled by electronic devices embedded in the road.” In the 64 years since then, there has been tremendous technological progress that makes this vision on the brink of becoming reality.

Government & Public Policy

Passaic County, eyeing reuse of Toys R Us campus, among eight to receive EDA grants

The state is helping to jumpstart efforts to repurpose the sprawling former Toys R Us campus in Wayne, thanks to one of eight newly approved grants by the Economic Development Authority.

Residential & Mixed Use

NAI DiLeo-Bram: Developer eyes luxury rental project after acquiring Cranford warehouse

A developer has acquired the site of a 28,000-square-foot warehouse in Cranford, where it’s now seeking approvals to build a 75-unit luxury apartment building.

Route 22 retail property trades for $2.5 million, BRC says

A freestanding, 20,000-square-foot retail property in Somerset County has changed hands for $2.5 million, under a newly announced transaction by Bussel Realty Corp.

Marcus Partners adds CRE executive to help grow industrial holdings

Investment and development firm Marcus Partners has added a veteran industry executive as part of its plan to grow its industrial platform in the region.

Professional Services

Dresdner Robin makes three new hires for Jersey City-based team

Land use consultancy Dresdner Robin has announced three new hires for its growing team of engineering, environmental services and landscape architecture professionals.

Stro, beach bag maker ink 19,000 sq. ft. lease in Lodi

The Stro Cos. has signed a new 19,000-square-foot industrial and retail lease in Lodi with a maker of beach bags and accessories, the real estate firm announced Wednesday.

EDA: Party City would lease 209,000 sq. ft. in Woodcliff Lake with help of Emerge incentive

State officials have approved a nearly $10 million tax credit that would pave the way for Party City Holdings Inc. to lease more than 200,000 square feet of office space in Woodcliff Lake.

Residential & Mixed Use

Jersey City: Newly opened micro-apartment building hits the market for sale

A developer is seeking a buyer for a newly completed, 122-unit collection of so-called micro-apartments in Jersey City, in an offering by JLL’s New Jersey capital markets team.

Piscataway: Boniakowski brokers sale of 10,000 sq. ft. flex building

An investor has acquired the site of a 10,000-square-foot flex building in Piscataway, according to brokers with The Boniakowski Commercial Real Estate Group.