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.

Incentives: Insiders expect greater scrutiny, urge proactive approach amid Trenton firestorm

If you’ve begun to collect tax credits under Grow New Jersey and other state incentive programs, experts say now is the time to be proactive and verify that you have met your commitments for job creation and retention.

New high-end condos open at converted Jersey City factory

A developer has added to its fast-growing footprint in Jersey City, unveiling 60 new luxury condominiums at a converted factory near the Hoboken border.

Walters nearing completion of affordable senior housing in Ocean County

A developer is set to debut 100 new age- and income-restricted apartments in Ocean County, the latest piece of a 370-acre redevelopment just off the Garden State Parkway.

BRC: Food logistics firm relocates, leases 37,000 sq. ft. in Rahway

An industrial user has taken more than 37,000 square feet in Rahway, brokers with Bussel Realty Corp. announced Thursday.

Kislak inks two-building, 35-unit multifamily sale in Newark

Two Newark multifamily properties with a combined 37 units have changed hands for nearly $2.5 million, following a deal arranged by The Kislak Co.

Developer completes, launches sales at upscale townhomes in Mountainside

A developer has unveiled the newest high-end housing option in Mountainside, where it has launched sales for a collection of 30 age-restricted townhomes off Route 22.

Investor lands $41 million acquisition loan for 768,000 sq. ft. portfolio in Warren, Somerset

The buyer of a seven-building, 768,244-square-foot portfolio in Somerset County has secured $41 million in financing, brokers with Cushman & Wakefield announced Tuesday.

The new office

As corporate occupiers transform their work environments to maximize efficiency and attract and retain talent, traditional office space has evolved. This demand is the catalyst for architects and designers to re-evaluate the function of the office, resulting in significant changes in work space.

Jeffery: Urgent care chain takes 2,700 sq. ft. in Bound Brook, its second N.J. location

An urgent care chain has taken its second location in New Jersey with a newly announced, 2,720-square-foot lease in Bound Brook.

Coffee shop entrepreneur opens in Middlesex County, plans additional locations

A local operator has opened a new coffee shop in Middlesex County and is eyeing additional locations, seeking to build a cluster of upscale but relaxed destinations within retail and mixed-use settings in the region.