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
Café brand Almost Home General opens at distinctive KRE apartment tower in Jersey City

KRE Group has welcomed a new café to the lobby of 351 Marin, a 507-unit luxury apartment tower in downtown Jersey City that opened its doors in 2022.

Residential & Mixed Use
RePropCo: Buyer wanted for new 336-unit luxury rental building at Jersey City, Hoboken border

The developer of a new 336-unit luxury apartment building in Jersey City has listed the property for sale, having tapped RePropCo Capital Advisors to spearhead the offering.

Professional Services
PREMIER Design + Build welcomes Rosa as vice president of construction in east region

PREMIER Design + Build Group has named William Rosa as vice president of construction for its eastern region, filling a key leadership post as it continues its growth in the market.

Industrial
Accurate inks 80,000 sq. ft. lease at Perth Amboy industrial building, BRC says

Commercial real estate firm Accurate has secured a new 80,000-square-foot industrial lease in Perth Amboy, in a deal announced Tuesday by Bussel Realty Corp.

Office
Chilmark: Consulting firm MPI leases 9,000 sq. ft. at BXP building outside Princeton

A national consulting firm has taken more than 9,000 square feet at a Princeton-area office building, in a newly announced deal by Chilmark Real Estate Services.

Professional Services
Otteau Group, influential appraisal and advisory firm, promotes Montferrat to partner

The Otteau Group has elevated Connor Montferrat to partner, citing his contributions, leadership and service to clients since he joined the Matawan-based firm in 2017.

Retail
VanRock buys 12,000 sq. ft. Dollar General property in Camden County, C&W says

VanRock Properties has acquired a nearly 12,000-square-foot retail building in Camden County for $1.675 million, brokers with Cushman & Wakefield announced Tuesday.

Government & Public Policy
Lions Group eyes 360-unit Journal Square rental tower with $90 million Aspire award

A developer is set to break ground on a 34-story, 360-unit apartment tower in Jersey City after securing a nearly $90 million tax credit award under the state’s Aspire program.

Residential & Mixed Use
Romema Capital sells new 104-unit Plainfield rental property, Hudson Atlantic says

The builder of a new 104-unit luxury apartment building in Plainfield has sold the property for $39 million, in a newly announced deal by Hudson Atlantic Realty.

Residential & Mixed Use
JLL tapped to arrange sale of 126-bed Rutgers student housing portfolio in New Brunswick

The owner of a two-building, 126-bed student housing portfolio near Rutgers University in New Brunswick has hired JLL to market the properties for sale.