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.

Professional Services
How CBRE webinar series became a pandemic staple — and a valuable tool going forward

CBRE’s tristate capital markets team has stayed connected with clients and colleagues throughout the pandemic, thanks to a series of webinars and virtual programs that have drawn thousands of viewers since the earliest days of the crisis in the U.S.

Office
Mack-Cali names new executives, brokerage team for Harborside makeover

Mack-Cali Realty Corp. has hired a new team of executives and brokers to spearhead the ongoing transformation of its flagship Harborside complex in Jersey City.

Professional Services
JLL adds executive vice president to South Jersey office leasing team

JLL has expanded its office leasing team in southern New Jersey with the addition of a new executive vice president.

Residential & Mixed Use
Boutique apartment building drawing renters from around Bergen County

A developer is marking the grand opening of what it says is the first luxury apartment building in the Bergen County community of Bergenfield.

Professional Services
Newmark promotes two to executive vice president

Newmark Associates has announced two key promotions as part of an expansion of its business development team and ongoing growth in lease and sales transactions.

Photos
IOREBA announces new officers

The Industrial and Office Real Estate Brokers Association of the New York Metropolitan Area has installed its newest slate of board officers.

Industrial
Joint venture acquires Piscataway site, plans 298,000 sq. ft. industrial project

Transwestern Development Co. has unveiled plans to renovate a warehouse in Piscataway and construct a second building alongside it, bringing nearly 300,000 square feet of new industrial space to the submarket.

Finance & Capital Markets
Procida inks $40 million loan for 242-unit rental project in Carteret

The developer of a 242-unit apartment community in Carteret has secured nearly $40 million in financing, under a newly announced transaction by Procida Funding.

Residential & Mixed Use
Leasing underway at new 14-story apartment tower in Jersey City

A developer is welcoming its first residents to a collection of 148 luxury apartments in downtown Jersey City.

Office
Chilmark: Madison office building fetches $1.65 million

A private buyer has acquired a newly built, 4,100-square-foot office building in Madison, in a transaction arranged by Chilmark Real Estate Services.