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.

Health Care & Education
Eye doctor takes 1,500 sq. ft. at office, medical complex in Branchburg

An ophthalmology practice is coming to a Branchburg office complex after signing a 1,504-square-foot lease with Larken Associates.

Industrial
Matrix inks new 975,000 sq. ft. lease with Amazon, filling Staten Island industrial park

Fresh off another deal with Amazon, Matrix Development Group is hailing the lease-up of a 3.5 million-square-foot logistics park in Staten Island, where it broke ground four years ago as it pushed the boundaries of New Jersey’s booming industrial market.

Professional Services
Newmark announces rebrand, reflecting enhanced commercial real estate platform

Newmark Group has shortened the name of its flagship commercial real estate business, announcing a rebrand that it says reflects its rapid growth and the evolution of its platform.

Finance & Capital Markets
JLL: Developer lands permanent financing for new Union rental project

The developer of an 80-unit luxury apartment building in Union has secured permanent financing for the property, in a transaction arranged by JLL.

Professional Services
Clarke Caton Hintz names new principal

Clarke Caton Hintz has named a new principal, elevating a longtime leader with the architecture industry’s top trade association.

Sponsored Content
Professional Spotlight: Gilbane Building Co.

Because of Gilbane Building Company’s diverse expertise and capabilities across multiple market segments, we are able to work with a broad base of clients on an array of project types. Our clients range from leading pharmaceutical and life science, health care, financial services, tech and telecom companies to retail, residential and commercial developers, education, public sector and more.

Government & Public Policy
Jersey City, Kushner Cos. settle lawsuit over One Journal Square project

Jersey City and Kushner Cos. have settled a two-year-old lawsuit over a massive residential project in the city, ending a bitter public feud and clearing the way for construction.

Industrial
Fashion supplier acquires 23,000 sq. ft. warehouse in Hackensack, Equity says

A fashion supplier has acquired a Hackensack industrial building for more than $3 million, in a   deal that comes less than six months after it signed a lease at the property.

Residential & Mixed Use
Walters completes five of nine buildings at Howell rental project

Development firm Walters has welcomed its first residents to a 72-unit affordable housing community in Howell, where full build-out is slated for the end of this year.

Office
WCRE inks 2,100 sq. ft. office sale in Cherry Hill

Wolf Commercial Real Estate has completed the sale of a two-story, 2,100-square-foot office building in Cherry Hill.