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.

Office
JRM touts newly completed overhaul of Piscataway office building (SLIDESHOW)

A landlord has unveiled a newly revitalized, 138,000-square-foot office building in Piscataway, following an extensive renovation completed by JRM Construction Management.

Office
Men’s grooming line inks 4,800 sq. ft. office lease at historic Newark tower

A boutique men’s grooming line is moving into one of Newark’s most iconic buildings after leasing nearly 5,000 square feet at the newly restored, 21-story property.

Deals
Private investor buys 55,000 sq. ft. school building in Haddonfield, WCRE says

An investment firm has acquired a 55,000-square-foot school building in Haddonfield, under a newly completed transaction by Wolf Commercial Real Estate.

Office
Wellness business acquires medical office building in Burlington County

A wellness center operator is set to become an owner-occupier after acquiring a nearly 6,200-square-foot medical office building in Burlington County.

Office
NKF: New Jersey office market begins to thaw, despite continued uncertainty

Office leasing in New Jersey rebounded modestly in the third quarter, even as the pandemic continues to weigh on the market and fuels a sizable uptick in availabilities.

Residential & Mixed Use
Woodmont touts lease-up of 220-unit upscale rental property in Bayonne

Woodmont Properties is hailing the lease-up of one of its newest luxury residential properties — a 220-unit apartment community in Bayonne.

Office
Colliers inks sale of developer’s longtime headquarters in Mount Laurel

A developer has sold what will soon be its former headquarters building, a 43,000-square-foot complex along Route 73 in Mount Laurel.

Residential & Mixed Use
Prism releases final apartments at West Orange adaptive use project

Prism Capital Partners has released the final block of new apartments at a 300-unit adaptive reuse project in West Orange, citing the ongoing demand for its luxury residential offerings.

Finance & Capital Markets
Meridian touts $277 million refi for apartment, retail portfolio in Morris and Camden counties

A multifamily and retail owner has refinanced four New Jersey properties for more than $275 million, in a series of recent transactions by Meridian Capital Group.

Health Care & Education
Stockton, AC Devco eye groundbreaking for new Atlantic City residence hall

An expansion of Stockton University’s footprint in Atlantic City will officially begin later this month, when stakeholders break ground on a new 416-bed residence hall.