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
Investors plan to restore historic Hackensack office building

A joint venture has closed on its purchase of a historic 34,000-square-foot office building in downtown Hackensack, where it plans to restore the property while attracting new tenants.

Office
Blau & Berg tapped to market Newark office tower

The owner of a well-known, 18-story office tower in downtown Newark has hired The Blau & Berg Co. to market the building to new tenants.

Industrial
BRC brokers Avenel industrial sale for $800,000

A party rentals company has acquired a 10,125-square-foot industrial building in the Avenel section of Woodbridge, according to brokers with Bussel Realty Corp.

Residential & Mixed Use
Developers, officials hail Jersey City project as step forward for Lafayette neighborhood

A joint venture led by Ironstate Development Co. has broken ground on a new luxury rental building in Jersey City’s Lafayette section, continuing the city’s push to expand development beyond its downtown.

Residential & Mixed Use
Boraie tops out 168-unit residential tower in Newark

A long-awaited, 168-unit apartment tower in downtown Newark is on track to open late this year, as its developer and public officials gathered Tuesday to mark a milestone in the project.

Finance & Capital Markets
CMC: South Plainfield warehouse owner refis for $5 million

Commercial Mortgage Capital has arranged a $5 million loan for the owner of a 158,000-square-foot warehouse in Middlesex County, the firm announced recently.

Sponsored Content
Lightly grilled: Comics turn up the heat on real estate lawyer Giantomasi

The legal mastermind behind Hotel Indigo, One Theater Square, The Rock and so many more Newark developments, Frank Giantomasi, will be in the hot seat at NJPAC’s First Annual Celebrity Roast.

Residential & Mixed Use
Developer debuts 212 luxury rentals in Parsippany

A developer has taken the wraps off a new 212-unit, luxury apartment community in Parsippany.

Residential & Mixed Use
Passaic Co. apartment building is 100 percent leased

A newly built, 34-unit apartment building in Little Falls is now fully leased.

Office
Bergman, Gottesman acquire Roseland office building

A joint venture has acquired a Roseland office building from Mack Cali Realty Corp., with plans to invest more than $1.5 million to improve the 94,000-square-foot property.