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
Colliers: Investment team adds 16,000 sq. ft. Camden County warehouse

An investment firm has added to its portfolio of industrial buildings in southern New Jersey, acquiring a 16,000-square-foot warehouse in eastern Camden County.

Residential & Mixed Use
Multifamily industry veteran joins FirstService high-rise division

FirstService Residential has named a new regional director in its high-rise division, bolstering its property management team along the northern New Jersey waterfront.

Residential & Mixed Use
Fort Monmouth residential project nearly sold out, RPM says

The first residential development at the repositioned Fort Monmouth property is nearly sold out, according to the team of RPM Development Group and CB New Homes of Madison.

Residential & Mixed Use
Ironstate, Pegasus unveil 310-unit rental project, their latest in Harrison

Ironstate Development Co. and the Pegasus Group have taken the wraps off a collection of 310 apartments in Harrison, their latest project along the town’s still-growing waterfront.

Industrial
Investment group acquires 207,000 sq. ft. Elizabeth warehouse for $30 million

A private equity firm has acquired a 207,000-square-foot industrial building in Elizabeth, expanding its footprint in the last-mile logistics sector.

Residential & Mixed Use
CBRE: Developer closes on seven-acre site in Jersey City, eyes major residential project

A developer has acquired a series of parcels on the west side of Jersey City for $25.5 million, with plans calling for a large residential project across more than seven acres.

Residential & Mixed Use
NAI DiLeo-Bram touts sale of 98-unit apartment complex in Warren County

The longtime owner of a 98-unit apartment complex in Warren County has sold the property, in a newly announced transaction by NAI DiLeo-Bram & Co.

Professional Spotlight
LAN names new assistant vice presidents after promotions in marketing, South Jersey office

LAN Associates has announced a series of promotions, including the addition of two new assistant vice presidents at the architectural and engineering firm.

Residential & Mixed Use
Owner of 267-unit rental tower in Hackensack lands $60 million refi, JLL says

The owner of a well-known, 18-story apartment tower in Hackensack has refinanced the property for $60 million, according to a debt placement team with JLL.

Industrial
Food company takes 32,000 sq. ft. in Carlstadt, Team Resources says

An owner-occupier has acquired a 32,000-square-foot industrial building in Carlstadt, in one of three newly announced transactions by Team Resources Inc.