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
Developers detail plans for brewery at landmark Newark tower

A newly opened, 264-unit apartment building in downtown Newark is set to welcome a craft brewery and tap house to its commercial offerings.

Office
NIA National Realty inks sale of office, flex buildings in Bergen County

A hospital system has acquired an 8,400-square-foot office building in Paramus, in one of two newly completed transactions by NIA National Realty.

Industrial
Lighting business acquires 5,500 sq. ft. building in Middlesex

An event lighting company has purchased a 5,500-square-foot flex building in Middlesex Borough, the Boniakowski Commercial Real Estate Group announced recently.

Finance & Capital Markets
Buyer wanted for 229,000 sq. ft. Route 9 retail complex, Marcus says

The developer of a new retail complex in Monmouth County is seeking a buyer for the property, where brokers are also touting the ability to build another 117,505 square feet.

Residential & Mixed Use
Developers break ground on 126-unit rental project in Netcong

A development group has broken ground on a four-building, 126-unit apartment complex in the Morris County borough of Netcong.

Office
Denholtz inks 12,000 sq. ft. renewal at upgraded Red Bank office building

A tenant at Denholtz Properties’ new-look headquarters building in Red Bank has renewed its lease for more than 12,000 square feet, the landlord said Wednesday.

Residential & Mixed Use
Mixed-use Jersey City building trades for $1.25 million, Cervelli says

A multifamily buyer has added 12 apartments in Jersey City, following a newly completed transaction by Cervelli Real Estate & Property Management.

Government & Public Policy
GZA project manager tapped for DEP advisory post

A senior project manager at GZA GeoEnvironmental Inc. has been named to a key advisory board for the state Department of Environmental Protection.

Sponsored Content
EWMA readies for environmental remediation changes set out in SRRA 2.0

Comprehensive updates to New Jersey’s 2009 Site Remediation Reform Act (SRRA), signed into law on August 23, will impact how thousands of properties in the state are remediated and redeveloped.

Professional Services
Developer launches third-party construction firm, teams with longtime industry executive

A veteran developer and his Montville-based firm have launched a new affiliate that will provide third-party construction services to fellow commercial and multifamily builders.