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.

Residential & Mixed Use
Michaels, Camden housing authority break ground on 75-unit project

A partnership has kicked off the next phase of a plan to redevelop a former public housing complex in Camden, breaking ground on 75 apartments in the city’s Centerville neighborhood.

Office
L+M unveils office space at landmark Newark tower, now a mixed-use destination

A development and brokerage team has taken the wraps off more than 50,000 square feet of available office space inside one of downtown Newark’s most iconic buildings.

Residential & Mixed Use
Jersey City: Mack-Cali completes $409 million acquisition of two-tower rental complex

Mack-Cali Realty Corp. has closed on the latest addition to its Jersey City residential portfolio, acquiring a two-tower, 648-unit apartment complex for $409 million.

Office
Engineering, consulting firm takes 12,000 sq. ft. in Warren for planned HQ relocation

A professional services firm is relocating its corporate headquarters, brokers with JLL announced, inking a nearly 12,000-square-foot lease at a Warren office building.

Industrial
Hackensack industrial building fetches $4.6 million, Marcus says

A private investor has acquired a nearly 40,000-square-foot industrial property in Hackensack, brokers with Marcus & Millichap announced Tuesday.

Office
Sanzari, consulting firm ink 2,300 sq. ft. lease in Hackensack

A consulting business has leased more than 2,300 square feet at a Hackensack office building, bringing the 160,000-square-foot property to full occupancy.

Retail
LMC: Fast-casual chain expands in Ewing, takes 2,220 sq. ft.

A fast-casual chicken restaurant has taken 2,200 square feet at a Mercer County shopping center, in one of two newly announced transactions by Levin Management Corp.

Residential & Mixed Use
JLL: Bijou closes on Montclair development site

Bijou Properties has completed its acquisition of a development site in downtown Montclair, under a transaction arranged by brokers with JLL.

Residential & Mixed Use
Jersey City condo tower inks 41 new sales during summer surge

The luxury condominium tower known as 99 Hudson is riding a wave of momentum heading into the fall, having secured more than 40 commitments from buyers during the summer months.

Professional Services
Greenbaum announces new office, expansion to Monmouth County

Greenbaum, Rowe, Smith & Davis LLP is expanding its New Jersey footprint with the opening of a new office in Holmdel.