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
New Brunswick apartment tower hits leasing milestone

A new apartment tower in downtown New Brunswick is now 50 percent leased, as interest continues despite the challenges of the coronavirus crisis.

Office
Zimmel: Branchburg office building sold, eyed for community center

A community organization has acquired an 11,000-square-foot office building in Somerset County, under a newly announced transaction by Zimmel Associates.

Professional Services
American Asphalt expands footprint with Union County acquisition

An asphalt manufacturer and paving contractor has expanded its reach in northern and central New Jersey with the addition of a new location in Union County.

Office
Seeve, Simson detail 102,000 sq. ft. lease to reposition Woodland Park office building

A charter school is breathing new life into a Woodland Park office building, where it has leased nearly 102,000 square feet to become just the second tenant in the property’s 25-year history.

Residential & Mixed Use
Woodbridge, Rahway apartment owner sells 87 units for $25.5 million

A developer has sold a six-building, 87-unit apartment portfolio in Woodbridge and Rahway, in a set of newly announced transactions by Gebroe-Hammer Associates.

Office
C&W: Semiconductor maker takes 11,200 sq. ft. in Plainsboro

A maker of semiconductors has leased 11,200 square feet at a Princeton-area office building, under a transaction arranged by brokers with Cushman & Wakefield.

Residential & Mixed Use
West New York apartments sell for $2.1 million, Marcus says

A private investor has sold a 14-unit apartment property in Hudson County for more than $2 million, according to brokers with Marcus & Millichap.

Industrial
BRC inks 12,000 sq. ft. industrial sale in Springfield

An industrial flex building in Springfield has changed hands for nearly $2 million, Bussel Realty Corp. announced Wednesday.

Residential & Mixed Use
Jersey City names development team to launch 100-acre, mixed-income Bayfront project

Officials in Jersey City have unveiled the team that will kick off the 100-acre Bayfront project, a plan that would create the largest mixed-income development in the region.

Industrial
Florida investment firm acquiring 332,000 sq. ft. cold storage complex in Gloucester

A real estate investment firm is set to acquire a 332,000-square-foot cold storage facility that is under construction in Gloucester County.