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
West Windsor office building reaches LEED certification after upgrades, Woodmont says

Woodmont Properties has achieved LEED certification at a newly renovated, 71,300-square-foot office building in West Windsor, the commercial estate firm announced Monday.

Government & Public Policy
Giordano adds new associate in real estate, environmental groups

Giordano, Halleran & Ciesla P.C. has added to its team of real estate and environmental attorneys with one of its newest hires.

Sponsored Content
What all real-estate companies, developers and professionals need to know about political contributions

With the presidential election now less than a year away, 2020 promises to be a year in which politics is difficult to escape. But before businesses and individuals rush to engage in political activity and make political contributions at the county and municipal levels, it is important to review New Jersey’s pay-to-play laws. Because what the real-estate world doesn’t know about political contributions may come back to hurt it.

Cover Story
Russo Development is bullish on Kearny — and the ability to tap an underserved market

Russo Development has delivered more than 500 apartments in Kearny since mid-2018, with hundreds more in its pipeline, seeing an opportunity in a town that is minutes from downtown Newark and the ability to capture renters who are priced out of neighboring submarkets.

Retail
Coffee, halal chains coming to Ironside Newark as first retail tenants

Edison Properties has landed the first two retail tenants at its Ironside Newark project, luring a café operator and an international halal food chain to the adaptive reuse project.

Industrial
Atlantic inks $15.6 million sale of Somerset industrial building

A maker of natural ingredients and chemicals has sold its 120,000-square-foot warehouse in Somerset County for $15.6 million, under a transaction by Atlantic Real Estate Services.

Office
SFA acquires 116,000 sq. ft. office, flex complex in Mount Laurel

An investment firm has made another addition to its South Jersey portfolio, acquiring a nearly 116,000-square-foot office and flex complex in Mount Laurel.

Residential & Mixed Use
Kislak: Bergen County rental portfolio fetches $15.7 million

An affiliate of Alfred Sanzari Enterprises has sold an 87-unit apartment portfolio in Bergen County for nearly $16 million, in a series of deals arranged by The Kislak Co. Inc.

People
SJP names new director of asset management amid growing third-party business

SJP Properties has hired a veteran property manager to support its growing line of construction services and other third-party offerings.

Office
Video firm moving from Hackensack, takes 10,000 sq. ft. in Rochelle Park

A video communications company is leasing 10,000 square feet of office space at a mixed-use building in Rochelle Park, brokers with JLL announced.