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
Vango set to begin 60-unit second phase of Rutherford multifamily complex

A developer is set to expand its footprint in Rutherford after securing approvals for a new 60-unit luxury apartment building alongside a recently completed property in the downtown.

Retail
Sanzari, physical therapy chain ink 4,200 sq. ft. lease in Hackensack

Alfred Sanzari Enterprises is set to welcome a growing physical therapy chain to a grocery-anchored shopping center in Hackensack, the commercial real estate firm announced.

Professional Services
FirstService executive promoted to vice president of sales for east region

FirstService Residential has named a new vice president of sales for its east region.

Retail
LMC: Martial arts chain adds eighth location, takes 1,600 sq. ft. in Manasquan

A martial arts studio is coming to a Manasquan shopping center after agreeing to lease 1,600 square feet at the property, under a deal arranged by Levin Management Corp.

Retail
Larken leases 2,400 sq. ft. in Springfield to dental practice

A dental practice has leased 2,400 square feet of retail space in Springfield, in a newly announced transaction by Larken Associates.

Residential & Mixed Use
KRE, National eye final phase of Journal Squared after lease-up of 704-unit second tower

A development team has leased up a new 704-unit luxury apartment tower in Jersey City, paving the way for the final phase of a landmark project in the historic Journal Square neighborhood.

Residential & Mixed Use
Marcus inks sale of Monmouth development site slated for 360 apartments

A developer has acquired a parcel in Monmouth County with the opportunity to build as many as 360 apartments on the site, in a newly announced transaction by Marcus & Millichap.

Finance & Capital Markets
Sussex County apartment owner refis for $31 million, Progress says

The longtime owner of a 240-unit apartment complex in Sussex County has refinanced for more than $31 million, according to a debt placement team with Progress Capital.

Office
Lee & Associates New Jersey relocates, expands Morris County office

Lee & Associates New Jersey has opened the doors to a new, larger office in Morris County, following its recent hiring of a seven-member team in the region.

Professional Services
H2M details recent hires, promotions in New Jersey offices

H2M architects + engineers has announced a series of recent hires and promotions across its New Jersey offices.