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.

Splendor officially rebrands with shortened name, highlighting creative agency’s evolution

Splendor, the creative agency with strong ties to commercial real estate and other industries, has officially shortened its name to reflect its decades-long movement to a full-service platform.

RXR, Columbia-led team launch leasing at 140-unit loft project in Jersey City’s ‘SoHo West’

Radio Lofts, located at 316 15th St. in Jersey City, has 140 apartments with features such as 11.5-foot ceiling heights, exposed brick, large windows and flexible floorplans. — Photo by Edward Menashy By Joshua Burd A collection of loft-style apartments…

Inspired by Somerset Development welcomes first residents to ‘Inkwell Lofts’ in Long Branch

Inspired by Somerset Development has unveiled a boutique condominium building in Long Branch after redeveloping the site of an iconic but shuttered business downtown.

Avison Young: Life sciences user takes 60,000 sq. ft. at Faropoint industrial park in Allendale

Faropoint has leased more than 60,000 square feet of industrial space in Allendale to a growing life sciences company, in a newly announced deal by Avison Young.

Saxum buys Ohio facility with 465,000 sq. ft. of cold storage, warehouse space

Saxum Real Estate has added to its holdings outside New Jersey with the acquisition of more than 465,000 square feet of cold storage and dry warehouse space in Columbus, Ohio.

Residential & Mixed Use

SAGE: Woodmont sells 300-unit Hopewell rental property in $116 million deal

Woodmont Properties has sold a new 300-unit luxury apartment community outside Princeton for nearly $116 million, brokers with SAGE Real Estate Advisors announced Thursday.

Finance & Capital Markets

Rubenstein, Vision land $80 million refi for 700,000 sq. ft. Latitude campus in Parsippany

A joint venture has refinanced the two-building Latitude campus in Parsippany, securing an $80 million loan that allows it to continue investing in the distinctive office property.

Residential & Mixed Use

Pennrose, officials mark start of construction for new veterans senior housing in Woodbridge

Pennrose has broken ground on a project that will bring 60 units of affordable senior housing to Woodbridge with a preference given to military veterans.

NAIDB completes $10.5 million sale of Piscataway industrial building

A forklift dealer is expanding to Piscataway after acquiring a more than 41,000-square-foot facility just south of Interstate 287, brokers with NAI DiLeo-Bram & Co. said Wednesday.

Investor buys fully leased Mount Holly strip center in $2.8 million deal by Kislak

A private investor has purchased a nearly 10,000-square-foot strip center in Burlington County for $2.8 million, according to a listing team with The Kislak Co. Inc.