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 eye fall opening for 144-unit project at NJCU site in Jersey City

A joint venture is marching toward a fall opening for 144 new apartments on the west side of Jersey City, the latest piece of a plan to reshape the campus of New Jersey City University.

Industrial
Tulfra sells 13,000 sq. ft. industrial condo in Clifton

Tulfra Real Estate has sold the final piece of an industrial condominium property in Clifton, inking a deal with an existing occupant that plans to expand within the building.

Office
Sanzari inks 8,500 sq. ft. lease in Hasbrouck Heights with agro-food business

A specialty food company is relocating and consolidating its headquarters in Bergen County as part of a newly announced, 8,455-square-foot lease with Alfred Sanzari Enterprises.

Retail
WCRE seeking office, retail tenants at revamped Marlton property

The developer behind a high-profile, mixed-use project in Marlton has tapped Wolf Commercial Real Estate to market its newly repositioned office and retail space.

Professional Services
Transwestern eyes growth in asset management, adds senior VP

A longtime property management executive has joined Transwestern as a senior vice president based in its Florham Park office.

Residential & Mixed Use
Toronto developer details 500-unit, mixed-use project in Jersey City

A developer has taken the wraps off a project that would add 500 residential units and 50,000 square feet of retail and gallery space to Jersey City’s Journal Square neighborhood.

Professional Services
Hollister to build charter school, commercial high-rise in the Bronx

The developer of a mixed-use, 10-story building in the Bronx has tapped Hollister Construction Services as part of its design-build team.

Retail
Indoor virtual reality park seeking U.S. locations, Brunelli says

An operator of indoor virtual reality theme parks is looking to make its entrance to the U.S., hiring R.J. Brunelli & Co. LLC to find locations for the concept.

Finance & Capital Markets
Englewood Cliffs lender inks $1.35 million loan for Florida rental building

Kennedy Funding has closed a $1.35 million loan for the owner of a 12-unit apartment building about an hour north of Miami, the Englewood Cliffs-based lender announced.

Retail
Closeout retailer opens new store in Somerset County

A discount closeout retailer has expanded its footprint in New Jersey with a recently opened, 31,000-square-foot store in Somerset County, brokers with Jeffery Realty announced.