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.

Top News
PRC Group’s Kaye gifts $1 million to NJCU performing arts project

Longtime developer Robert M. Kaye has gifted $1 million to New Jersey City University, providing additional support for the school’s planned performing arts complex in Jersey City.

Finance & Capital Markets
G.S. Wilcox inks $267 million in loans in North Jersey, Long Island for life insurance lender

G.S. Wilcox & Co. has announced $267 million in new loan activity in New Jersey and New York on behalf of a longtime life insurance company client.

Industrial
Sudler touts record leasing activity in 2020, fueling 98 percent occupancy portfolio-wide

Sudler Cos. has started 2021 at nearly full occupancy across its portfolio after a year in which it saw 1.2 million square feet of leasing velocity.

Industrial
Spice company renews lease at 54,000 sq. ft. industrial building in Millburn, BRC says

An herb and spice company has renewed its full-building, 53,500-square-foot lease at a Millburn industrial building, brokers with Bussel Realty Corp. announced Monday.

Retail
Credit union leases 3,200 sq. ft. in Fairfield, Goldstein Group says

A credit union has taken 3,200 square feet of retail space along Route 46 in Fairfield, under a newly announced transaction by The Goldstein Group.

Office
JLL named leasing agent at four-building, 290,000 sq. ft. office park in East Windsor

An investment firm has retained JLL as its leasing agent at a newly updated, 291,550-square-foot office complex in East Windsor.

Technology
Denholtz Properties sees innovation as crucial to business operations, investor relations

Denholtz Properties has spent nearly a decade seeking to modernize and weave technology into virtually every facet of its operation, in an effort that became all the more pronounced in 2020.

Finance & Capital Markets
Peapack-Gladstone Bank names new top executives in commercial banking

Peapack-Gladstone Bank has made two key promotions within its commercial lending team, elevating two veteran bankers with a combined six decades of experience.

Finance & Capital Markets
C&W inks $30 million acquisition loan for Princeton office deal

The buyer of a Princeton-area office building has obtained nearly $30 million in acquisition financing, in a newly announced transaction by Cushman & Wakefield.

Retail
Azarian names new director of leasing, property management

A veteran retail real estate executive has joined The Azarian Group LLC as director of leasing and property management.