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.

Photos
Perth Amboy developer, supermarket owner steps up to feed city families

A developer and supermarket co-owner is leading an effort to help hundreds of families who are facing food shortages in Perth Amboy.

Residential & Mixed Use
Larken starts construction at 272-unit multifamily project in Bordentown

Larken Associates has broken ground at the site of a 272-unit multifamily development in Bordentown, the latest project in the firm’s quickly growing residential portfolio.

Residential & Mixed Use
Weehawken apartment building fetches $25.4 million, Gebroe-Hammer says

A longtime multifamily owner has reaped more than $25 million from the sale of a 99-unit apartment building in Weehawken, brokers with Gebroe-Hammer Associates announced.

Residential & Mixed Use
KRE hails opening of Bayonne rental project, with 30 percent of apartments now leased

Kushner Real Estate Group is off to a fast start at a new multifamily project in Bayonne, where it has signed leases for nearly a third of the property’s 200 luxury apartments.

Industrial
Team Resources touts 62,000 sq. ft. in Bergen, Passaic industrial deals

A fruits and nuts distributor has leased more than 23,600 square feet at a Bergen County industrial building, in one of four newly announced transactions by Team Resources Inc.

Office
Avison Young: Tax service firm relocating, leasing 4,300 sq. ft. in Florham Park

A tax service firm is taking more than 4,000 square feet at a Florham Park office campus, under a newly completed transaction by Avison Young.

Industrial
Crow Holdings inks $164 million sale of new 925,000 sq. ft. warehouse in Franklin

An investment team led by Crow Holdings Industrial has sold a newly built, 925,000-square-foot warehouse in Franklin Township for $164 million.

Residential & Mixed Use
Woodmont breaks ground on 443-unit apartment project in West Windsor

Woodmont Properties has started construction at the site of a planned 443-unit, luxury apartment development in West Windsor.

Top News
Mack-Cali names new chair after board shakeup

A veteran development executive has taken over as board chair of Mack-Cali Realty Corp., following a proxy battle that ended last week with a victory by a dissident investor group.

Residential & Mixed Use
NJAA announces death of past president, longtime industry executive

The New Jersey Apartment Association is mourning the loss of a former president and longtime executive of the region’s multifamily industry.