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.

Office
Marcus inks sale of 26,000 sq. ft. office building in Medford

A developer has paid nearly $2.1 million to acquire a boutique office building in Burlington County, under a newly announced transaction by Marcus & Millichap.

Industrial
CBRE tapped to market 5.5 million sq. ft. logistics park just outside New Jersey

A developer has announced plans for what it says will be the largest industrial park on the East Coast, where CBRE is marketing 5.5 million square feet just over the New Jersey state line.

Retail
Vietnamese restaurant coming to Haddon Heights strip center, Vantage RES says

The owner of an 11,000-square-foot shopping center in Camden County has inked a lease with a Vietnamese restaurant, bringing the property to full occupancy.

Finance & Capital Markets
Kennedy Funding lends $3 million for Florida hospitality, entertainment project

A developer has acquired more than 100 acres along Florida’s Gulf Coast thanks to a newly completed, $3 million loan provided by Kennedy Funding.

Residential & Mixed Use
Hekemian & Co., city officials unveil new luxury apartments in Hackensack (SLIDESHOW)

A developer with deep ties to Hackensack has opened the doors to a new 254-unit luxury apartment building along one of the city’s main commercial corridors.

Industrial
Blackstone, Hampshire tap JLL to market 215,000 sq. ft. industrial project in West Caldwell

A joint venture is proceeding with plans to build more than 200,000 square feet of new industrial space at the site of a former office building in West Caldwell, according to brokers with JLL.

Industrial
Laboratory plastics maker acquires 30,000 sq. ft. warehouse in Woodbridge

A manufacturing company has acquired a 30,000-square-foot industrial building in Woodbridge, in a newly announced transaction by NAI James E. Hanson.

Office
Wall office tenants renew for 4,700 sq. ft. in leasing activity, Sheldon Gross says

Two tenants have signed renewals at a Wall Township office building, accounting for nearly 4,700 square feet of combined leasing activity by Sheldon Gross Realty.

Office
C&W inks sale of 169,000 sq. ft. Mack-Cali building in Florham Park

Mack-Cali Realty Corp. has shed another suburban office building in Morris County, inking the sale of a nearly 170,000-square-foot property in Florham Park.

Residential & Mixed Use
Brookfield, G&S Investors debut 432 apartments in Jersey City, completing two-tower project

Brookfield Properties has completed the second of two large residential towers in Jersey City, bringing another 432 luxury apartments to the city’s booming waterfront.