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
McLaren names new senior VP for technical divisions

McLaren Engineering Group has named a new executive to lead the firm’s seven technical divisions.

Industrial
Three new buildings coming to sprawling Lakewood industrial park

Construction is underway on three new warehouse and distribution buildings in Lakewood, the latest additions to a sprawling, master-planned industrial park that goes back decades.

Retail
Goldstein Group touts convenience store lease on Route 35 in Eatontown

A well-known convenience store chain has taken over the former site of a furniture store in Eatontown, under a newly announced transaction by The Goldstein Group.

Residential & Mixed Use
Mack-Cali details Jersey City acquisition, sale in Boston as part of $820 million 1031 exchange

Mack-Cali Realty Corp. is selling two Boston-area properties for a combined $411.5 million as part of a 1031 exchange involving a recently acquired luxury apartment complex in Jersey City.

Office
Developers continue focus on amenities, aesthetics to help tenants compete for talent

As hiring and human resources decisions drive corporate real estate selection more than ever, New Jersey developers are responding by designing spaces and amenities that meet those needs, while expanding their focus on the labor markets around their project sites.

Policy Page
Demographics and data inform sound decisions

Current and accurate data on population shifts and consumer spending enables the real estate industry, government officials and businesses to make informed choices on investments and resource allocation.

Industrial
Coldwell Banker Liberty inks sale of Union warehouse, office building

A warehouse and office building in Union has changed hands for $3.65 million, following a transaction arranged by Coldwell Banker Liberty.

Retail
Massage operator takes 2,300 sq. ft. in Mount Laurel

A spa operator is leasing more than 2,000 square feet at a newly renovated building in Mount Laurel, under a transaction arranged by Vantage Real Estate Services.

Residential & Mixed Use
Russo delivers first phase of 1,250-unit rental project in Union

Russo Development has opened the doors to the first piece of what will be more than 1,200 luxury apartments adjacent to Kean University and the Union train station.

Finance & Capital Markets
G.S. Wilcox sources $67 million in new loans for industrial, retail properties

G.S. Wilcox & Co. has arranged nearly $67 million in financing under a series of recent transactions, including several tied to New Jersey industrial buildings.