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
2019 sales start strong at high-profile, 79-story condo tower in Jersey City

A condominium tower that is slated to become the state’s tallest residential building is off to a fast start in 2019, inking more than 30 sales in the first quarter.

Office
NKF named leasing agent for three-building office campus in Warren

A three-building, 231,000-square-foot office park in Warren is slated for a series of updates as part of a newly announced marketing plan by Newmark Knight Frank.

Residential & Mixed Use
New 34-unit rental complex on the market in Fairfield, Kislak says

The owner of a newly completed, 34-unit luxury apartment complex in Fairfield is seeking a buyer for the property, The Kislak Co. Inc. announced Monday.

Residential & Mixed Use
Value Cos. picks up management assignment at new Elizabeth rental building

Value Cos. has added a recently opened, 40-unit boutique rental building in Elizabeth to its growing asset management portfolio, the firm announced Monday.

Industrial
Industrial user acquires 65,000 sq. ft. Newark building

A three-story industrial building off Interstate 78 in Newark has changed hands, following a sale brokered by the William F. Connors Agency.

Residential & Mixed Use
Developers eye spring opening for 205-unit project in Harrison

A joint venture is nearing completion of more than 200 new apartments in Harrison, the first piece of a $340 million, mixed-use project along the town’s rapidly changing waterfront.

Industrial
Matrix sells Hamilton truck terminal for $20.5 million, HFF says

An investor focused on logistics property has acquired a nearly 45,000-square-foot truck terminal in Hamilton, in a $20.5 million sale by brokers with HFF.

Professional Services
Greenbaum Rowe adds two real estate attorneys

Two experienced real estate attorneys are among several recent hires at Greenbaum, Rowe, Smith & Davis LLP.

Office
Claims manager takes 5,000 sq. ft. in Atlantic County, Vantage says

A claims management provider has leased 5,000 square feet of office space in Galloway, under a newly announced transaction by Vantage Real Estate Services.

Health Care & Education
WCRE: Former Voorhees school building slated to become daycare center

A new high-end day care facility is slated to open at a 13,000-square-foot school building in Voorhees, following a sale arranged by Wolf Commercial Real Estate.