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.

Sudler turns to carbon-reducing concrete tech, seeking greener construction methods

Seeking to reduce the carbon footprint of the construction process, Sudler Cos. has employed the use of carbon-injected concrete to build a new industrial park outside New Jersey. The technology wins praise from others in the industry and, while such materials may not be yet available in the developer’s home state, could be a sign of things to come for builders.

Camber sells Bridgewater industrial buildings, C&W says

A real estate investment firm has sold a two-building, 204,000-square-foot industrial portfolio in Bridgewater, in a newly announced transaction by Cushman & Wakefield.

CBRE: Energy firm acquires 50-acre South Amboy site, eyes offshore wind facility

An energy company has acquired a former power plant site in South Amboy, where it now hopes to build an offshore wind facility that could power more than a million homes.

Tulfra plans 265,000 sq. ft. self-storage, parking facility at newly acquired Jersey City site

Tulfra Real Estate has purchased a site in Jersey City that it says will tap into the demand for both parking and self-storage in the booming municipality.

Consulting firm acquires 4,200 sq. ft. Cherry Hill office building

A health care consulting firm has acquired a 4,200-square-foot office building in Cherry Hill, under a deal arranged by Vantage Commercial.

JLL: Buyer wanted for single-tenant, 131,000 sq. ft. industrial property in Newark

The owner of a two-building, 131,000-square-foot industrial complex in Newark is seeking a buyer for the property, in a newly announced offering by JLL.

Government & Public Policy

Hackensack: Two-way traffic is back on Main Street, in critical step for city’s revival

Business leaders in Hackensack are hailing the long-awaited return of two-way traffic on Main Street, a change that will likely accelerate the ongoing revival of the city’s downtown.

Larken Associates, consignment shop ink 1,600 sq. ft. lease in Hillsborough

A consignment shop is opening a new location in Hillsborough, where it’s leasing more than 1,600 square feet at a retail and office complex owned by Larken Associates.

Developers plan 426,000 sq. ft. industrial campus after buying Somerset office property

A joint venture has acquired an office building and adjacent land in Franklin Township, with plans to redevelop the site as a two-building, 426,000-square-foot industrial campus.

Denholtz expands construction, finance teams with five new hires

Denholtz Properties has announced five new hires, with an eye toward bolstering its internal construction and finance teams in the wake of the pandemic.