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
Sales underway at 14-story condo building in Hudson County

The developer of a 70-unit condominium building in North Bergen has launched sales at the property, with occupancy slated for late winter or early spring.

Government & Public Policy
Industry leaders join forces to secure new insurance option for environmental cleanups

Owners of contaminated property in New Jersey may soon have a new financial tool at their disposal as they remediate the sites and prepare them for potential redevelopment.

Events
Reinhart to receive leadership award at New Jersey Future awards program

One of the state’s top organizations for smart growth and planning advocacy is set to honor its longtime chair and the former director of Monmouth University’s Kislak Real Estate Institute.

Retail
Princeton retail, office building sells for $3 million

A fully leased, mixed-use building in downtown Princeton has changed hands for more than $3 million, under a newly announced deal by Commercial Property Network Inc.

Industrial
Charity Realty inks $2.1 million industrial sale in Boonton

A developer has acquired a two-building, 50,000-square-foot industrial property in Boonton as part of the newest transaction arranged by Charity Realty International.

Professional Services
Investment firm launches third-party solar energy division

A real estate investment firm has created a new division focused on helping other landlords tap into the cost-saving benefits of rooftop solar panels.

Office
Counseling service takes 1,700 sq. ft. in Cherry Hill, WCRE says

A counseling service has leased 1,700 square feet of office space in Cherry Hill, in a newly completed transaction by Wolf Commercial Real Estate.

Industrial
Duke Realty backfills Cranbury industrial buildings, leasing 950,000 sq. ft.

Duke Realty Corp. has announced two new industrial leases in Cranbury totaling nearly 1 million square feet, helping to backfill space vacated by a previous tenant.

Professional Services
Avison Young broker promoted to senior associate

Avison Young has announced a promotion within its New Jersey brokerage team.

Industrial
Zimmel inks three renewals for 78,000 sq. ft. at Bridgewater flex park

Three tenants at a Somerset County business park have renewed their leases, recommitting to a combined 78,000 square feet at the property.