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.

Professional Services
Lee & Associates New Jersey promotes broker to assistant vice president

Lee & Associates New Jersey has promoted a member of its brokerage team, the real estate services firm announced Thursday.

Office
Psychology practice takes 5,600 sq. ft. at Bridgewater office complex, DiLeo-Bram says

A psychology practice has leased 5,600 square feet of office space in Bridgewater, in a newly announced transaction by NAI DiLeo-Bram & Co.

Office
Larken opens new office space for in-house construction group (SLIDESHOW)

Larken Associates has unveiled a new office space in Branchburg for its growing in-house construction team.

Technology
Technology can be crucial to health, safety in post-COVID office buildings

With some office workers returning to work in New Jersey, landlords have taken steps to keep them safe and healthy in their buildings. Those steps involve not only physical upgrades and new on-site technology, but the use of apps and digital platforms aimed at keeping employees informed, engaged and connected.

Finance & Capital Markets
JLL makes two promotions on New Jersey capital markets team

JLL has announced two promotions within its New Jersey capital markets office.

Finance & Capital Markets
Jersey City apartment developer lands $30 million construction loan, Progress Capital says

A developer has secured a $30 million construction loan to complete a 99-unit apartment building in Jersey City, in a newly announced transaction by Progress Capital.

Industrial
Investment firm adds head of acquisitions, associate for growing industrial platform

A real estate investment firm has made two new hires to support its growing industrial portfolio in New Jersey and the surrounding region.

Office
C&W touts sale of 25,000 sq. ft. Parsippany office building

The Silverman Group has sold a nearly 25,000-square-foot office building in Parsippany, brokers with Cushman & Wakefield announced Wednesday.

Finance & Capital Markets
Cronheim inks $7.75 million loan for 25-unit project in Jersey City Heights

A first-time multifamily builder has landed nearly $8 million in financing for a 25-unit project in The Heights section of Jersey City, under a deal arranged by Cronheim Mortgage.

Residential & Mixed Use
High-rise apartment building in Elizabeth fetches $21 million, Gebroe-Hammer says

The longtime owner of a 109-unit apartment building in Elizabeth has sold the property for more than $21 million, in a newly announced transaction by Gebroe-Hammer Associates.