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
Kislak brokers $10.3 million apartment sale in Orange County

An investment group has acquired a 112-unit apartment property about 15 miles north of Sussex County, under a newly announced transaction by The Kislak Co. Inc.

Policy Page
Workforce wellness, resiliency and ironclad industrial sector: Keys to recovery

Despite the ongoing adverse impacts from the COVID-19 pandemic, some experts report that the macroeconomic trends are looking favorable nationally, and especially for New Jersey, but it’s going to be pretty slow going. Marked differences exist among the various sectors, not all of which have bottomed out yet.

Retail
Longtime owner sells Burlington retail center for $1.8 million

A retail center just outside Joint Base McGuire-Dix-Lakehurst in Burlington County has changed hands for $1.8 million, according to Feinberg & McBurney Realty/Development LLC.

Residential & Mixed Use
Marcus inks $2.3 million apartment sale in Hudson County

A partnership has reaped $2.3 million from the sale of a 16-unit apartment property in Union City, under a newly announced transaction by Marcus & Millichap.

Retail
Hair salon takes 950 sq. ft., relocates to New Milford

A hair salon has relocated within Bergen County after leasing nearly 1,000 square feet at a New Milford retail property.

Top News
G.S. Wilcox announces donation for domestic violence program

The Daniel J. Wilcox Camp Hope Fund has donated another $4,000 in continued support of a sleepaway camp for children who have been impacted by domestic violence. 

Industrial
Saddleback inks sale of Morris County warehouse after two-year turnaround

Saddleback Real Estate Developers has completed the sale of a newly renovated, 73,500-square-foot warehouse in the Flanders section of Mount Olive.

Industrial
Redevelopment bringing 174,000 sq. ft. of new industrial space to Camden County

A developer is bringing more than 170,000 square feet of new industrial space to Camden County, in a project that’s now being marketed by Colliers International.

Office
CBRE tapped as leasing agent at new-look Piscataway office building

The owner of a newly renovated, 138,000-square-foot office building in Piscataway has retained CBRE as the property’s leasing agent.

Retail
Larken inks lease with pharmacy, bringing Hillsborough complex to full occupancy

Larken Associates has completed a nearly 2,000-square-foot lease at a Hillsborough strip center, bringing the office and retail property to full occupancy.