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.

The tide is turning for New Jersey’s suburban office market

It’s no secret the suburban office market has struggled. However, as millennials age, many market experts anticipate the pendulum will swing back toward the suburbs.

Residential & Mixed Use

With conversion nearly complete, leasing launches at iconic Newark tower

A development group has nearly completed its restoration of a landmark tower in downtown Newark, where it will soon debut 265 apartments and a mix of new commercial space.

Residential & Mixed Use

Developer completes latest Ocean County rental project

Walters has completed its latest multifamily project in southern Ocean County, unveiling an age- and income-restricted rental community in Stafford Township.

Retail

High-end ‘hardcore’ gym opens in Morris County

A well-known New Jersey business executive has launched a new fitness venture, offering what he says is the state’s first high-end hardcore gym facility.

Government & Public Policy

HMFA: Tax credits will fund affordable 1,200 units, focus on Opportunity Zones

The state has detailed plans to finance 1,200 affordable housing units under a federal tax credit program, with an added focus on projects in Opportunity Zones and other newly added criteria.

Residential & Mixed Use

Developers break ground on next phase of NJCU-led redevelopment in Jersey City

A joint venture has launched the next phase of a major project in Jersey City, breaking ground on nearly 200 apartments under a redevelopment spearheaded by New Jersey City University.

Office

Upgrades coming to well-known Journal Square office building

The new owner of a 70,000-square-foot office building in Jersey City is planning a makeover, seeking to tap into the ongoing revival of the city’s Journal Square neighborhood.

Professional Services

Founder of Woodcliff Lake engineering firm named EY Entrepreneur of the Year finalist

The head of a Woodcliff Lake-based engineering firm has been named a finalist for EY’s 2019 Entrepreneur of the Year award in New Jersey.

Industrial

Onyx, Angelo Gordon acquire 1.2 million sq. ft. industrial park

Onyx Equities has expanded its portfolio outside New Jersey, acquiring a 1.2 million-square-foot industrial complex about six miles north of Bergen County.