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.

Industrial
Kislak inks sale of 44,000 sq. ft. industrial building in Hunterdon

A warehouse and manufacturing building in Hunterdon County has changed hands for nearly $4 million, in a transaction arranged by The Kislak Co. Inc.

Residential & Mixed Use
Woodmont launches leasing at 443-unit rental property near Princeton

Woodmont Properties has launched leasing at a new 443-unit luxury apartment complex in West Windsor, where it plans to welcome its first residents this summer.

Residential & Mixed Use
Waterfront condo project in Weehawken nears sell-out, developer says

A luxury homebuilder is approaching a milestone at its first New Jersey project, having sold nearly 90 percent of its new 183-unit condominium property in Weehawken.

Finance & Capital Markets
Vineland garden apartment owner lands $4.6 million loan, Cronheim says

The owner of a 100-unit garden apartment complex in Vineland has secured more than $4.5 million in financing, according to a debt placement team with Cronheim Mortgage.

Residential & Mixed Use
Developers eye completion, launch of sales at ‘Wonder Lofts’ project in Hoboken

A joint venture is preparing to unveil a collection of new loft-style homes in Hoboken, as it nears the completion of a plan to restore and convert the city’s historic Wonder Bread factory.

Professional Services
Transwestern to close New Jersey office in early April, company says

Transwestern is closing its New Jersey office next month, a company representative said, in a move that comes a decade after the commercial real estate services firm entered the market.

Professional Services
JLL New Jersey team hires executive V.P. focused on tenant rep, portfolio strategy

JLL has added a veteran broker to its New Jersey office leasing team, with a focus on tenant representation and portfolio strategy for national and global clients.

Residential & Mixed Use
Somerset plans groundbreaking for 180-unit Fort Monmouth project after key approval

Somerset Development has landed a key local approval to redevelop a 15-acre section of Fort Monmouth, with plans calling for a mix of 180 townhomes and apartments.

Residential & Mixed Use
Connell secures rezoning, eyes start of mixed-use project at iconic Berkeley Heights campus

Local officials have approved the rezoning of The Connell Co.’s 185-acre business campus in Berkeley Heights, paving the way for new apartments, retail and entertainment venues alongside the property’s existing office and hospitality buildings.

Professional Services
Colliers adds office leasing, life sciences broker among latest New Jersey hires

Colliers International has made two more additions in New Jersey, bolstering its team of office leasing and capital markets brokers in the state.