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.

Finance & Capital Markets
Parkview inks $56 million loan for Elizabeth rental project

A developer has secured a $56 million loan for its plan to build 274 apartments at the site of a former hospital in Elizabeth, under a newly completed transaction by Parkview Financial.

Office
Financial group takes 3,000 sq. ft. at Marlton project, Vantage RES says

A financial services firm has leased more than 3,000 square feet of office space in Burlington County, in a newly announced transaction by Vantage Real Estate Services.

Government & Public Policy
Newark to seek ‘transit village’ designation for historic Four Corners neighborhood

The city of Newark will seek a “transit village” designation from the state for a busy stretch of its downtown, seeking to unlock grant funding that will help shape redevelopment efforts.

Retail
C&W: Salon suite chain adds new locations in Parsippany, Woodbridge

A beauty salon co-working concept has continued its rapid expansion in the region, leasing five new locations in New Jersey and New York for a combined 47,000 square feet.

Events
Coming soon: The 2020 Atlantic Builders Convention

Don’t miss out on the education, connections, events and insight opportunities we’re hosting for the home building industry at the Atlantic Builders Convention in Atlantic City. Mark your calendars and join us April 1 through April 2 at Harrah’s in Atlantic City, where the convention, seminars and networking festivities are conveniently all under one roof.

Professional Services
Ridgewood-based brokerage team breaks $53 million in 2019 home sales

A residential brokerage team in Bergen County is touting the completion of more than $53 million in sales in 2019, making it the top-performing group in multiple towns in the area.

Office
SJP promotes Bronsnick, Natale to top leadership positions

SJP Properties has promoted two executives to key leadership posts, seeking to position the firm for continued growth as a developer and as a provider of third-party services.

Residential & Mixed Use
TFE unveils 117 apartments at Woodbridge commercial property

A developer has unveiled new luxury apartments as part of an adaptive reuse project in Woodbridge, where it has retrofitted the upper levels of a well-known commercial building.

Professional Services
Garibaldi adds veteran office, industrial broker to Chatham-based team

The Garibaldi Group has made another addition to its team, hiring a veteran New Jersey broker to specialize in office and industrial transactions.

Professional Services
CBRE capital markets broker promoted to first vice president

A veteran broker with CBRE’s New Jersey capital markets team has earned a promotion to first vice president.