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.

Retail
Bridal salon takes 5,700 sq. ft. at Rochelle Park retail center, C&W says

A bridal salon has leased nearly 6,000 square feet at a retail property in Rochelle Park, brokers with Cushman & Wakefield said, bringing the newly developed asset to full occupancy.

Retail
Weight loss clinic leases 2,400 sq. ft. at Marlboro shopping center

A weight loss clinic is taking nearly 2,400 square feet at a newly renovated shopping center in Monmouth County, under a transaction announced by Basser Kaufman.

Industrial
Bridge, Uniqlo ink major lease at 3.85 million sq. ft. industrial project in Warren County

Bridge Development Partners has landed a major tenant at a six-building, 3.85 million-square-foot industrial park now under construction in Warren County, inking its largest lease to date with the Japanese clothing maker Uniqlo.

Finance & Capital Markets
JLL inks $118 million loan package for Roseland apartment community

The owner of a 360-unit apartment community in Roseland has secured nearly $120 million in financing, in a newly announced transaction by brokers with JLL.

Residential & Mixed Use
New downtown Rutherford rental building hits leasing milestone

A new boutique rental building in downtown Rutherford has leased 75 percent of its available apartments just four weeks after opening to the public.

Retail
Big-box furniture, flooring stores join IKEA center in Elizabeth, CBRE says

Two new big-box retailers have joined the well-known IKEA-anchored retail complex along the New Jersey Turnpike, occupying a combined 248,000 square feet at the Elizabeth property.

Residential & Mixed Use
Joint venture launches second phase of Bayonne project with new retail, 651 rentals

Developers have broken ground on the next phase of a mixed-use project in Bayonne, where they are planning more than 650 apartments and some 90,000 square feet of additional retail space.

Industrial
CBRE: Developer unveils 100,000 sq. ft. warehouse in Jersey City, its first New Jersey project

A developer has completed its first New Jersey industrial project, offering nearly 100,000 square feet of new warehouse space in Jersey City just minutes outside New York City.

Retail
NRDC, fitness chain ink 37,000 sq. ft. lease at Middletown retail development

A national fitness chain has leased 37,000 square feet at a planned high-end shopping center in Middletown, joining a roster that includes Wegmans and a dine-in movie theater.

Office
C&W named leasing agent at 370,000 sq. ft. office building in Paramus

Onyx Equities LLC and Garrison Investment Group have tapped Cushman & Wakefield as their leasing agent at a 370,000-square-foot office building in Paramus, where the joint venture is planning improvements valued at $10 million.