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.

Industrial
Perfume plant in Keyport fetches $5 million, Sheldon Gross says

A perfume company has sold its nearly 75,000-square-foot manufacturing plant in Keyport, under a newly completed transaction by Sheldon Gross Realty.

Residential & Mixed Use
Second phase of JMF project in Plainfield set to welcome first residents

JMF Properties is just weeks away from welcoming its first residents to the second piece of a new luxury apartment complex in Plainfield, the developer announced this week.

Residential & Mixed Use
Pennrose, Marketing Directors resume in-person tours at New Brunswick high-rise

The leasing team at a new 207-unit apartment tower in New Brunswick has resumed in-person showings, while still offering virtual options for prospective renters.

Office
NYL sells two-building Bedminster office complex, JLL says

New York Life Real Estate Investors has sold a two-building, 194,000-square-foot office complex in Bedminster, in a newly announced transaction by JLL.

Office
KBS, Newmark Knight Frank marketing Woodbridge office campus for sale

KBS is seeking a buyer for a six-building, 630,000-square-foot office complex in Woodbridge, according to the private equity real estate firm and brokers with Newmark Knight Frank.

Office
Brother International renews 102,000 sq. ft. headquarters lease in Bridgewater, JLL says

Brother International Corp. has extended its lease for more than 100,000 square feet at a Bridgewater office building, under a newly announced transaction by JLL.

Retail
Goldstein Group touts 42,000 sq. ft. in northern, central New Jersey retail leases

Eight tenants have combined to lease more than 42,000 square feet of retail space in northern and central New Jersey, in a series of newly announced deals by The Goldstein Group.

Health Care & Education
Former LabCorp CEO gives $5 million for Saint Peter’s arena renovation

An arena and recreational center at Saint Peter’s University in Jersey City is in line for a makeover, thanks to a gift from one of its most distinguished alumni.

Industrial
Cross-dock warehouse in Meadowlands on the market for sale, Meridian says

The owner of a Meadowlands warehouse with major expansion potential is seeking a buyer for the property, in a newly announced offering by Meridian Capital Group.

Residential & Mixed Use
Jersey City: Leasing, occupancy timeline revealed for new 148-unit rental building

One of Jersey City’s newest luxury residential buildings is nearing completion, with the launch of leasing only weeks away and occupancy slated for soon thereafter.