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.

Finance & Capital Markets
Red Bank: JLL sources $11 million loan for Denholtz-owned office buildings

Denholtz Properties has secured more than $11 million to refinance a two-building office portfolio in Red Bank, in a newly announced transaction by JLL.

Residential & Mixed Use
C&W inks sale of 21-unit Newark apartment building

A private buyer has paid more than $2.1 million for a 21-unit apartment building in Newark, under a deal arranged by Cushman & Wakefield.

Office
Point-of-sale software firm signs 9,200 sq. ft. renewal in Pearl River, NAI Hanson says

A software company has renewed its lease for more than 9,000 square feet at a sprawling office park just outside northern New Jersey, the site of its headquarters for more than 15 years. 

Office
Newmark named leasing agent at Newark’s 80 Park Plaza

An ownership group has tapped Newmark as its leasing agent at a well-known, 973,000-square-foot office building in downtown Newark.

Residential & Mixed Use
JLL: Buyer wanted for 632-unit luxury rental property near Princeton

A collection of more than 630 apartments just outside Princeton is on the market for sale, with the potential to command offers around $200 million.

Office
Birch Group buys Princeton-area office buildings for $47 million, expanding portfolio

An investment firm has added to its collection of high-end suburban office buildings in New Jersey, acquiring a two-building, 213,000-square-foot portfolio in the Princeton submarket.

Finance & Capital Markets
Jersey City apartment owner secures $43 million bridge loan, JLL says

The owner of a newly completed, 104-unit luxury apartment building in Jersey City has secured a $43 million bridge loan, under a transaction arranged by JLL.

Office
Lighting, medical tech companies lease 47,000 sq. ft. at Bridgewater campus

A lighting company has leased nearly 29,000 square feet at a Bridgewater office campus, in the larger of two newly announced transactions by Avison Young.

Retail
Goldstein Group inks sales of retail sites in Paramus, Eatontown

Columbia Bank has shed a nearly 1,800-square-foot former bank branch in Paramus, according to a brokerage team with The Goldstein Group.

Industrial
Woodmont sells new 101,000 sq. ft. industrial building in Woodbridge

An affiliate of Woodmont Properties has sold a newly built, fully leased industrial property in Woodbridge to a buyer that has also become one of its newest joint venture partners.