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.

Office
Mortgage firm takes 3,000 sq. ft. in Marlton

A residential mortgage company has leased more than 3,000 square feet at a Burlington County office building, Wolf Commercial Real Estate announced Friday.

Office
Bell Works touts 16 new leases, 90 percent milestone for office space

More than a dozen new tenants have joined the roster at the mixed-use Bell Works project in Holmdel, bringing overall office leasing at the complex to more than 90 percent.

Finance & Capital Markets
Cliffside Park condo developer lands $64 million inventory loan

DMG Investments has closed on a $64 million inventory loan for its newly developed, 14-story luxury condominium building in Cliffside Park.

Professional Services
WCRE launches debt, equity platform

Wolf Commercial Real Estate has launched a new debt and equity platform as part of an effort to expand its services in the southern New Jersey and Philadelphia regions.

Residential & Mixed Use
Morris Construction Management named owner’s rep for Long Branch condo project

The developer of a new oceanfront luxury condominium project in Long Branch has tapped Morris Construction Management LLC as its owner’s representative.

Residential & Mixed Use
New Brunswick PAC, ‘the best example of what redevelopment can do,’ opens its doors

The long-awaited New Brunswick Performing Arts Center has opened its doors, marking the debut of a $172 million, mixed-use project that is poised to transform the city’s acclaimed arts district.

Residential & Mixed Use
Essex County rental properties trade for $26.4 million

More than 200 apartments have changed hands in Essex County for a combined $26.4 million, under a series of newly announced transactions by Marcus & Millichap.

Professional Services
Avison Young hires tenant rep specialist as newest principal in New Jersey

Avison Young has deepened its bench in New Jersey with the hiring of a longtime tenant representation specialist.

Industrial
New York firm acquires Rockaway industrial complex

New York-based real estate investment company Davco Group has acquired a six-building complex in Rockaway from The Silverman Group, in a sale orchestrated by Cushman & Wakefield.

Retail
NAI Hanson inks 6,000 sq. ft. retail sale in Lake Hopatcong

A multitenant, 6,000-square-foot retail property in Lake Hopatcong has changed hands, following a transaction arranged by NAI James E. Hanson.