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
Hoboken developer, property manager unveils framework for safe return to work

A longtime developer and property manager in Hoboken is rolling out new guidelines to help its commercial tenants and corporate employees return to work safely and confidently.

Industrial
Woodmont taps former CBRE broker to lead industrial acquisitions

Woodmont Properties has hired a former broker with CBRE as its new head of industrial acquisitions.

Residential & Mixed Use
RD Management, Canoe Brook launch leasing at 338-unit rental project in Marlton

A joint venture has taken the wraps off a new 338-unit upscale apartment property in Evesham, the latest piece of a mixed-use redevelopment site along Route 70.

Industrial
J.G. Petrucci sells 188,000 sq. ft. industrial building in Somerset County

J.G. Petrucci Co. Inc. has completed the sale of a built-to-suit, 187,500-square-foot industrial building in Branchburg to a hospitality and food-service products company.

Industrial
NAI Hanson inks 120,000 sq. ft. industrial sale in Totowa

A cosmetics company has acquired a nearly 120,000-square-foot industrial building in Totowa, under a newly completed transaction by NAI James E. Hanson.

Industrial
Colliers: Logistics firm takes 152,000 sq. ft. in Logan industrial park

A warehouse and trucking firm is consolidating locations, having leased more than 150,000 square feet of industrial space in Logan Township.

Industrial
Amazon opens new 130,000 sq. ft. delivery station in Mount Olive

Amazon is touting the opening of a new 130,000-square-foot delivery station in Mount Olive, one of 14 newly announced facilities that it will occupy in New Jersey.

Finance & Capital Markets
Greystone closes $15.3 million loan for Camden County apartment complex

The owner of a 208-unit multifamily property in Camden County has refinanced for more than $15 million, in a newly announced transaction by Greystone.

Retail
Furniture store opens in Paramus after backfilling Route 17 space, Goldstein Group says

A furniture business has opened its doors in Paramus, following its acquisition last year of a nearly 18,000-square-foot building on Route 17.

Top News
JLL: Buyers wanted for North Jersey medical office, light industrial buildings

The owner of two medical office buildings and a light industrial property in northern New Jersey has put the portfolio on the market, in a newly announced offering by JLL.