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
C&W named leasing agent at 200,000 sq. ft. Piscataway office building

The owner of a Piscataway office building has retained Cushman & Wakefield as its leasing agent, as it prepares to launch a series of renovations at the newly acquired property.

Retail
Teriyaki concept opens new store at Paramount-owned building in Newark

A fast casual restaurant chain is making its New Jersey debut in Newark, where it is leasing 2,000 square feet at a downtown location owned by Paramount Assets.

Retail
Pierson inks new North Jersey locations for restaurant, education tenants

A pair of New Jersey-based restaurant chains are expanding their fast-growing footprints in the state, under a series of newly announced transactions by Pierson Commercial.

Retail
LMC: Retailers confident, buoyed by early arrival of holiday shopping season

Retailers in and around New Jersey are optimistic heading into Black Friday, expecting sales to peak ahead of what will be a short window between Thanksgiving and Christmas.

Office
Investor sells West Orange office building, eyes redevelopment for remaining campus

An investment group has sold a 130,000-square-foot office building in West Orange, in a deal that comes two years after it acquired the property as part of a four-building office complex.

Industrial
CenterPoint acquires 315,000 sq. ft. last-mile delivery hub in Jersey City

CenterPoint Properties has acquired a three-year-old, 315,389-square-foot industrial building in Jersey City, the latest addition to its fast-growing New Jersey portfolio.

Photos
NJAA honors leading owners, professionals at annual awards gala

The New Jersey Apartment Association has recognized dozens of member owners, managers and other professionals as part of its 26th annual Garden State Awards of Excellence gala.

Finance & Capital Markets
Citizens Bank inks $55 million construction loan for 267-unit Elizabeth project

A development group has landed $55 million in financing for a planned 267-unit apartment complex in Elizabeth, in a newly closed transaction by Citizens Commercial Banking.

Industrial
CBRE: Peloton opens 156,000 sq. ft. warehouse, fulfillment center in Carteret

At-home fitness company Peloton Interactive has opened a new warehouse and fulfillment center in Carteret, where it has leased 156,000 square feet as part of a deal arranged by CBRE.

Finance & Capital Markets
Hudson County condo project lands $44 million in financing

A private lending platform has closed on a $44 million construction loan to the developer of a 55-unit condominium project in Union City.