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
Kushner taps Pierson as retail leasing agent at Pier Village in Long Branch

Kushner Cos. has named Pierson Commercial as its retail leasing agent at Pier Village, the popular mixed-use, oceanfront development in Long Branch.

Industrial
WCRE: Camden County building sold, set to become headquarters for solar company

A former gym operator has sold a 35,000-square-foot commercial building in Camden County, under a newly announced deal by Wolf Commercial Real Estate.

Roundtable
Amid continued uncertainty in the market, how should office landlords and tenants approach lease renewals in 2022?

Amid continued uncertainty in the market, how should office landlords and tenants approach lease renewals in 2022? We assembled a panel of industry experts to tackle this month’s question.

Industrial
Stro, packaging business ink 37,000 sq. ft. warehouse lease in Fairfield

The Stro Cos. has leased 37,000 square feet of industrial space in Fairfield to a packaging company, providing the latter with a new long-term home along Route 46.

Residential & Mixed Use
Russo plans fall launch for upscale apartments in Garwood

Russo Development is gearing up to open its latest luxury multifamily project, a collection of nearly 300 apartments in the Union County borough of Garwood.

Professional Services
BRC adds two vice presidents to launch retail division

Bussel Realty Corp. is expanding into retail brokerage, having added two vice presidents to spearhead the new division.

Industrial
Tulfra sells Totowa condo units to congregation, its longtime tenant

Tulfra Real Estate has sold four commercial condominium units in Totowa to a local congregation, a longtime tenant at the firm’s mixed-use property in the township.

Residential & Mixed Use
Jersey City: 134-unit rental portfolio trades for $21 million, Gebroe-Hammer says

A six-property, 134-unit apartment portfolio in Jersey City has changed hands for more than $21 million, in a newly announced transaction by Gebroe-Hammer Associates.

Office
Biotech firm expands to 200,000 sq. ft. in Piscataway, Keystone says

A biotechnology company has expanded to nearly 200,000 square feet at a Piscataway office complex, in the largest of three recent deals announced by Keystone Property Group.

Finance & Capital Markets
C&W arranges joint venture equity for 718-unit workforce housing portfolio in East Orange

The owner of a 718-unit, 11-building multifamily portfolio in East Orange has secured new partners, in a transaction arranged by Cushman & Wakefield.