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
Rahway multifamily building fetches $26.5 million, Kislak says

A pension fund has sold 160 multifamily units in downtown Rahway for $26.5 million, under a newly announced transaction by The Kislak Co. Inc.

Government & Public Policy
Somerset Development marks milestone for Bell Works, provides $5.2 million to Holmdel

Somerset Development announced that it has provided more than $5 million to the township of Holmdel, fulfilling a redevelopment agreement tied to the acclaimed transformation of the iconic former Bell Labs facility into the 2 million-square-foot, mixed-use Bell Works campus.

Retail
Edison auto dealer site on the market for sale, Lee & Associates New Jersey says

The owner of a car dealership property in Edison is seeking a buyer, having retained Lee & Associates New Jersey to market the parcel.

Retail
LMC: Bank leases 2,100 sq. ft. at Chatham shopping center

A shopping center near downtown Chatham is now fully leased after a commitment by a growing New Jersey bank, brokers with Levin Management Corp. announced.

Retail
Rose Commercial inks South Jersey retail leases with jeweler, smoothie franchise

A local jeweler has moved into 2,500 square feet at a Cherry Hill shopping center, in the largest of three new retail leases by Rose Commercial Real Estate.

Professional Services
Rotwein+Blake bolsters team with senior interior designer

Rotwein+Blake has expanded its interior design team with one of its newest hires.

Professional Services
How CBRE webinar series became a pandemic staple — and a valuable tool going forward

CBRE’s tristate capital markets team has stayed connected with clients and colleagues throughout the pandemic, thanks to a series of webinars and virtual programs that have drawn thousands of viewers since the earliest days of the crisis in the U.S.

Office
Mack-Cali names new executives, brokerage team for Harborside makeover

Mack-Cali Realty Corp. has hired a new team of executives and brokers to spearhead the ongoing transformation of its flagship Harborside complex in Jersey City.

Professional Services
JLL adds executive vice president to South Jersey office leasing team

JLL has expanded its office leasing team in southern New Jersey with the addition of a new executive vice president.

Residential & Mixed Use
Boutique apartment building drawing renters from around Bergen County

A developer is marking the grand opening of what it says is the first luxury apartment building in the Bergen County community of Bergenfield.