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
Developers unveil 91-unit rental property, Bayonne’s latest residential offering

A joint venture has added to Bayonne’s fast-growing stock of luxury apartments, unveiling a 91-unit property about a block from the Hudson-Bergen Light Rail.

Industrial
Boniakowski inks 11,000 sq. ft. flex lease in Middlesex

A growing toy company has leased an 11,000-square-foot flex building in Middlesex Borough, under a newly announced transaction by The Boniakowski Commercial Real Estate Group.

Top News
Sanzari family foundation awards $30,000 in grants to five North Jersey organizations

The Alfred N. Sanzari Family Foundation has awarded $30,000 under a new grant program, supporting five local organizations that are continuing to serve through the pandemic.

Residential & Mixed Use
Larken eyes multigenerational renter pool, unveils 198-unit project in Warren County

Larken Associates has marked the opening of 198 new apartments in Warren County, offering a mix of housing types at a site near one of the region’s main thoroughfares.

Residential & Mixed Use
Gebroe-Hammer touts $115 million in Monmouth, Burlington apartment sales

Multifamily investment sales in Monmouth and Burlington counties are on the rise, fueled by the growth of rental communities around highways such as interstates 195 and 295.

Residential & Mixed Use
Prism on track for spring completion at Woodbridge rental project

Prism Capital Partners is eyeing a spring delivery for more than 230 new apartments in downtown Woodbridge, as it nears a construction milestone for the mixed-use project.

Retail
Mount Olive shopping center trades for $6 million, Marcus says

A private investor has acquired a shopping center in Mount Olive for $6 million, under a newly announced transaction by Marcus & Millichap.

Residential & Mixed Use
Paramount unveils new apartments at historic Newark commercial buildings

An investment firm is unveiling 47 new luxury apartments and commercial space at a pair of historic commercial buildings in downtown Newark.

Health Care & Education
NKF inks sale of 181,000 sq. ft. R&D facility to Thor Equities

An investment firm has expanded its New Jersey life sciences portfolio with the acquisition of a research facility in Somerset County, in a transaction arranged by Newmark Knight Frank.

Professional Services
Service firms launch site selection, consulting platform for life sciences facilities

Three companies have joined forces to provide facilities planning, design and site selection services for life sciences and biopharmaceutical firms, with a focus on helping clients streamline their supply chains and physical footprint in a quickly changing industry.