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
DeSimone acquires KP Elevator Consulting, continuing expansion of in-house services

DeSimone Consulting Engineering has acquired KP Elevator Consulting, its latest move aimed at broadening and diversifying its platform for clients worldwide.

Residential & Mixed Use
Owning the space: As New Jersey’s luxury housing boom continues, The Marketing Directors remains a dominant force and a key player

The Marketing Directors has become all but ubiquitous in the luxury apartment boom in Jersey City and New Jersey’s other top markets, allowing it to grow well beyond its New York City roots. It’s done so by not only providing its flagship sales and leasing services but playing an essential role for its clients during site acquisition, design and other phases of development.

Finance & Capital Markets
Hekemian Group inks financing package for 465-unit Jersey City rental project, JLL says

The Hekemian Group has secured financing from multiple lenders for a planned 465-unit luxury apartment property in Jersey City, brokers with JLL announced Tuesday.

Residential & Mixed Use
NRP adds Tryder as vice president of construction business development for Northeast

The NRP Group has made a key addition to its team in the region, hiring Matt Tryder to help grow its third-party construction business across the Northeast.

Residential & Mixed Use
JCMLiving launches leasing at 295-unit rental project at Wesmont Station in Wood-Ridge

Leasing is underway at the new 295-unit luxury apartment building in Wood-Ridge that will mark the final residential phase of the master-planned, 150-acre Wesmont Station project.

Professional Services
Levin promotes Ciaravino to director of operations

Levin Management Corp. has elevated Denise Ciaravino to director of operations, citing her leadership and longstanding contributions to the firm’s property management department.

Industrial
Food distributor buys 7,000 sq. ft. Howell facility in deal arranged by Sheldon Gross

A specialty food distributor has acquired a 7,000-square-foot flex property in Howell for $2.125 million, in a newly announced deal by Sheldon Gross Realty.

Industrial
Crow Holdings lands third tenant in Carteret with 146,000 sq. ft. lease with 3PL firm

Crow Holdings Development has lured another global logistics firm to its new industrial campus in Carteret, having signed a 146,000-square-foot lease with China-based YunExpress.

Residential & Mixed Use
Hartz debuts 218-unit rental project as final piece of iconic Lincoln Harbor district in Weehawken (SLIDESHOW)

Hartz Mountain Industries is marking a milestone at its landmark Lincoln Harbor neighborhood in Weehawken, unveiling a new 218-unit apartment building on what was the district’s final development parcel.

Residential & Mixed Use
Hudson Atlantic: Camden County rental property sold after income restrictions expire

A private investor has acquired a 284-unit senior housing property in the Camden County borough of Barrington, in a newly announced deal by Hudson Atlantic Realty.