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.

Deals

NAI Hanson inks 1,300 sq. ft. medical office lease in Fair Lawn

A spiritual healing center has leased nearly 1,300 square feet at a medical office building in Fair Lawn, under a newly announced transaction by NAI James E. Hanson.

Residential & Mixed Use

Pennrose launches virtual tours at New Brunswick PAC apartments

Prospective renters can now remotely tour one of New Brunswick’s newest luxury apartment buildings, part of a landmark performing arts center project in the downtown.

Office

Thor Equities, biopharma firm ink 102,000 sq. ft. lease at Bridgewater campus

Thor Equities Group has landed a major tenant at its newly acquired life sciences campus in Bridgewater, inking a 101,500-square-foot lease with a biopharmaceutical company.

Residential & Mixed Use

Hammer: Eviction moratorium comes with ‘big fear’ for multifamily owners

Alan Hammer is not only a commercial real estate attorney with nearly 50 years of experience, but a self-described “hands-on” apartment operator in New Jersey and Pennsylvania. Simply put, he’s all too familiar with the dilemma that landlords in the region will face on the first of the month and beyond, with moratoriums on evictions during the coronavirus crisis.

Office

NKF inks 66,000 sq. ft. lease at Warren office, tech campus

A global communications firm has leased more than 65,000 square feet at a three-building commercial campus in Warren, in a newly announced transaction by Newmark Knight Frank.

Industrial

Events business takes 18,000 sq. ft. in Hackensack, NAI Hanson says

A production company for events and conferences has leased 18,000 square feet at a Hackensack industrial building, brokers with NAI James E. Hanson said Tuesday.

JMF Properties brings major retail tenants to NJ

JMF Properties, one of New Jersey’s leaders in residential and commercial redevelopment, has emerged from 2019 with a growing roster of brand-name retail and hospitality tenants.

Residential & Mixed Use

Gebroe-Hammer inks Plainfield apartment sales totaling $15.2 million

A private investor has acquired a 70-unit garden apartment complex in Plainfield, in one of two newly announced transactions in the city by Gebroe-Hammer Associates.

Finance & Capital Markets

Buyer of Jersey City rental building lands $41 million loan, JLL says

The buyer of a newly developed, 104-unit apartment building in Jersey City has secured more than $40 million in financing, in a transaction arranged by JLL.

LeFrak, Simon donate $100,000 to children of Jersey City shooting victims

Two of the biggest names in Jersey City real estate have teamed to help the families impacted by the December mass shooting in the city, which claimed the lives of four victims.