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.

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.

Finance & Capital Markets
KRE Group inks $45 million construction loan for Bayonne project

Bayonne,Kushner Real Estate Group,Harbor Station North,PNC Bank,People’s United Bank,151 Centre St., avison young

Industrial
Logistics firm acquires 121,000 sq. ft. warehouse in Clifton, NAI Hanson says

A logistics firm is relocating to New Jersey from Pennsylvania after acquiring a 121,000-square-foot industrial building in Clifton, brokers with NAI James E. Hanson announced Tuesday.

Office
Colliers tapped to market, lease 178,000 sq. ft. office building in Hanover

The new owner of a nearly 178,000-square-foot office building in Hanover has picked Colliers International as its leasing agent for the property.

Professional Services
LMC adds veteran property management exec

Levin Management Corp. has made another addition to its team, hiring a longtime property management executive to help oversee its growing commercial portfolio.

Office
Rising Tide opens Jersey City headquarters with affordable housing, co-working space

A nonprofit has unveiled its newly acquired headquarters in Jersey City, where it will combine affordable housing, classrooms and co-working space in support of underserved entrepreneurs.

Retail
Mack-Cali debuts Harborside food hall in Jersey City

Mack-Cali Realty Corp. has opened the doors to what it says is Jersey City’s first-ever food hall, the latest upgrade to its flagship Harborside complex.

Residential & Mixed Use
Cervelli: 1031 buyer acquires nine-unit rental building in Jersey City

A nine-unit apartment building in Jersey City has changed hands, following a sale arranged by Cervelli Real Estate & Property Management.

Residential & Mixed Use
Union rental complex teams with area businesses, employers for discount program

The owner of a new apartment complex in Union has partnered with some of the area’s top employers on a series of incentives aimed at drawing renters to the property.