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
Pennrose, HMFA mark start of 172-unit affordable project at former Army camp

Pennrose has broken ground on the first piece of a 172-unit affordable housing development in Edison, seeking to redevelop a former U.S. Army property that dates back to World War II.

Professional Services
NAI Hanson announces two promotions to associate VP

NAI James E. Hanson has made two promotions within its commercial brokerage team.

Residential & Mixed Use
AvalonBay debuts 360-unit project in Piscataway, its latest in New Jersey

AvalonBay Communities Inc. has unveiled a new 360-unit apartment complex in Piscataway, adding to its vast portfolio of luxury rental properties in New Jersey.

Industrial
Sudler, GTJ open new Piscataway facility for global art supplier

An international art supplier has opened its new 150,000-square-foot headquarters and distribution center in Piscataway, where a joint venture has redeveloped the former site of a defunct office building.

Residential & Mixed Use
CBRE touts Hudson County apartment sales totaling $57 million

An out-of-state investor has paid more than $31 million for a newly built, 80-unit apartment building in Union City, CBRE said, touting the sale among several recent deals in Hudson County.

Professional Services
Dun & Bradstreet, Reonomy expand partnership for CRE data

Dun & Bradstreet is expanding a partnership with a commercial real estate data and software provider, with a focus on bringing further clarity to the vast network of available industry data.

Office
Marketing firm takes 11,000 sq. ft. in Moorestown

A marketing firm is set to expand into an 11,000-square-foot office space in Moorestown, following a newly completed transaction by Rose Commercial Real Estate.

Events
Monmouth to honor Zucker, Marchetta at annual real estate dinner

Monmouth University will honor Ralph Zucker and Anthony Marchetta at its upcoming real estate awards dinner, adding to the list of industry leaders to be highlighted at the annual event.

Professional Services
Rivkin Radler adds to real estate law group in Hackensack office

Rivkin Radler LLP has bolstered its practice in New Jersey with the addition of a longtime commercial real estate attorney.

Office
NAI Hanson inks lease at 65,000 sq. ft. Morris Plains building

A fraternal organization has leased space at a 65,000-square-foot office building in Morris Plains, brokers with NAI James E. Hanson announced Tuesday.