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.

Office
CPN: Longtime tenant buys 1,500 sq. ft. office building in Skillman

A tenant at a 1,500-square-foot commercial building in Somerset County has purchased the property for $320,000, in a deal arranged by Commercial Property Network Inc.

Residential & Mixed Use
Triangle, Incline unveil 400 rentals in sweeping project at East Orange’s Brick Church Station

The first apartments at a major mixed-use project in East Orange have hit the market, with leasing now underway at the collection of 400 homes at NJ Transit’s Brick Church Station.

Industrial
C&W industrial team inks $257 million in Q4 investment sales in North Jersey, Hudson Valley

Investors are clamoring for industrial property in and around New Jersey, as evidenced by a slew of recent deals completed by a Cushman & Wakefield team focused on the asset class.

Retail
Buyer wanted for grocery-anchored, 362,000 sq. ft. retail asset in White Plains, JLL says

A key downtown retail property in New York’s Westchester County is on the market for sale under a recently launched offering by JLL’s Morristown-based capital markets team.

Retail
RIPCO: Kura, fast-growing revolving sushi concept, opens 3,700 sq. ft. Freehold location

A sushi chain has opened a new location at Freehold Raceway Mall, its sixth in New Jersey, continuing an expansion in the region led by brokers with RIPCO Real Estate.

Professional Services
Hudson Atlantic’s Fusaro promoted to vice president of multifamily sales

Hudson Atlantic Realty has promoted Dante Fusaro to vice president of multifamily sales, touting his contributions to the firm since his arrival nearly four years ago.

Industrial
Mertz: Rockefeller eyes 487,000 sq. ft. warehouse project after buying Burlington County site

Rockefeller Group has acquired 100 acres in Burlington County with plans to develop nearly 487,000 square feet of new industrial space, in a deal arranged by NAI Mertz.

Retail
Fast casual chain Gouldsburger’s adding three stores in South Jersey, Vantage Commercial says

A burger and cheesesteak concept is expanding in the region after signing three new leases in Camden, Burlington and Gloucester counties, brokers with Vantage Commercial said Thursday.

Top News
Saxum named to top U.S. developers list for second straight year

Saxum Real Estate has earned a spot on a closely watched ranking by a national trade publication, touting its fast-growing development pipeline in three key asset classes.

Retail
Boniakowski: Gourmet pasta shop expands by 11,000 sq. ft. in Middlesex

An Italian gourmet store in Middlesex Borough is expanding by 11,000 square feet with a newly signed lease arranged by The Boniakowski Commercial Real Estate Group.