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.

Industrial
Investment firm buys 50-acre plot at Howell-Freehold border, Sheldon Gross says

A private equity firm has acquired more than 50 acres in Monmouth County, under a newly announced transaction by Sheldon Gross Realty.

Industrial
Edison logistics center sold for $247 million, CBRE says, touting 2020 industrial deals

Rockefeller Group has sold a newly built, 900,022-square-foot industrial building in Edison for $247 million, in one of several newly announced deals by CBRE.

Residential & Mixed Use
Developer details 902-unit apartment tower in Journal Square

A developer has unveiled plans to build a 42-story, 902-unit apartment tower in the burgeoning Journal Square section of Jersey City.

Finance & Capital Markets
Jersey City developer lands $20 million loan for new 72-unit rental building, JLL says

The developer of a 72-unit apartment building in Jersey City has refinanced for more than $20 million, in a newly announced transaction by JLL.

Office
NAI Hanson: Tech services firm expands, buys office condo in Cedar Knolls

A technology firm has acquired an office condominium in Hanover as part of a planned expansion in New Jersey, brokers with NAI James E. Hanson announced Tuesday.

Office
Investors tap CBRE as leasing agent after acquiring Giralda Farms office building

A joint venture has selected CBRE as its leasing agent at a prominent Madison office building, where it’s planning a multimillion-dollar package of renovations and upgrades.

Industrial
Secaucus industrial building changes hands, Connors says

The William F. Connors Agency has completed the sale of a 60,000-square-foot industrial building in Secaucus, the Bayonne-based brokerage firm announced this week.

Office
Larken inks new leases at Raritan office complex

Larken Associates has signed two new leases at a professional and medical office complex in Somerset County, bringing one of three buildings at the property to full occupancy.

Events
NAIOP New Jersey installs new board, details legislative priorities

NAIOP New Jersey installed its new slate of board officers on Monday, as the association offered a glimpse at its legislative agenda in a pivotal election year for the state.

Office
Colliers announces sale of 90,000 sq. ft. Roseland office building

A nearly 90,000-square-foot office building in Roseland is under new ownership, following a sale completed by brokers with Colliers International.