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
Kislak: Investor swaps Bergen County rental properties in 1031 exchange, portfolio deals totaling $20.7 million

A private investor has made a series of multifamily deals in Bergen County, selling a 28-unit building in Lodi while adding a combined 88 units across two properties in Hackensack.

Residential & Mixed Use
Developers unveil $42 million update, preservation of 99-unit Newark senior housing complex

Tredway and LIHC Investment Group have completed their renovation of a nearly 50-year-old senior housing complex in Newark, part of a project that also extended the affordability of its 99 apartments for another 30 years.

Education
Denholtz receives 2026 Leadership Excellence Award from Monmouth’s Kislak Institute’s

Monmouth University has recognized another one of New Jersey’s esteemed developers, honoring Denholtz Chairman Steven Denholtz last week during the Kislak Real Estate Institute’s 30th Annual Leadership Excellence Awards Dinner.

Industrial
Trade school takes 25,000 sq. ft. at Branchburg industrial building, Deluccia says

A vocational training business has leased nearly 25,000 square feet for a new facility in Somerset County, brokers with Deluccia Commercial Group announced Tuesday.

Industrial
Devli acquires 67,000 sq. ft. industrial, retail portfolio on Route 17 in Upper Saddle River

Devli Real Estate has added to its Bergen County portfolio, acquiring a 67,000-square-foot flex industrial and retail complex in Upper Saddle River.

Office
Samsung leaving New Jersey, leaving Englewood Cliffs campus vacant once again

A high-profile office campus in Englewood Cliffs will be vacated for the second time in two years, with Samsung Electronics America reportedly set to move its headquarters to Texas.

Residential & Mixed Use
JLL lists shovel-ready site in Wayne with full approvals for 98-unit rental project

A development site with approvals for a new 98-unit apartment building has hit the market in Wayne, brokers say, providing an opportunity in an affluent but undersupplied submarket.

Professional Services
DIG Architecture marks 20-year milestone, unveils rebrand with ‘groundbreaking’ vision

The practice long known as DIGroup Architecture is marking its 20th anniversary with a new brand identity, one that reflects the evolution of its client base and geographic presence.

Professional Services
Real estate, development to serve as ‘cornerstone’ of newly launched DeCotiis Doyle LLP

Longtime attorneys Michael R. DeCotiis and Douglas F. Doyle have launched a new firm, with a focus that will include major commercial real estate matters in and around New Jersey.

Finance & Capital Markets
JLL: Owner of 48,000 sq. ft. New Providence medical office building refis with life company

MEARJ Properties has closed on a deal to refinance more than 48,000 square feet of medical office space in New Providence, brokers with JLL announced Monday.