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.

Retail
Longtime furniture store site changes hands in Paramus

The longtime home of a furniture store in Paramus has changed hands to a new operator, following a sale arranged by The Goldstein Group.

Residential & Mixed Use
Business group honors Maplewood rental project for design, local impact

One of the state’s largest trade groups has recognized a boutique rental project in downtown Maplewood for its design and its impact on economic development.

Policy Page
Earth Day 2019 Rx: Focus on recycling

April 22 is Earth Day, always a great time to reflect on what we as citizens can do to make the planet a little greener: reducing waste, conserving energy, reusing or donating products and recycling.

Government & Public Policy
Newark awarded $24 million HUD grant for public housing upgrades

The federal government has awarded more than $24 million to the city of Newark to fund a series of major capital improvements to public housing properties.

Retail
LMC announces promotion for leasing rep

A leasing professional at Levin Management Corp. has earned a promotion after three years with the real estate services firm.

Professional Services
R&J account exec named among top marketing, communications leaders under 40 in N.J.

A trade association has recognized a senior account executive at R&J Strategic Communications as one of the state’s top young professionals in his field.

Residential & Mixed Use
HFF: Would-be redevelopment site sold in Journal Square

The site of a well-known diner in Jersey City has changed hands, paving the way for potential redevelopment in the city’s newly revitalized Journal Square neighborhood.

Industrial
Key Properties, flooring distributor ink 35,000 sq. ft. expansion in Meadowlands

A flooring distributor is more than doubling its footprint at an 80,000-square-foot industrial building in Carlstadt, landlord Key Properties LLC announced Thursday.

Office
Mount Laurel office building fully leased after two recent deals, Vantage RES says

Two tenants have leased a combined 17,600 square feet at a Mount Laurel office building, under a set of newly announced transactions by Vantage RES.

Residential & Mixed Use
Solomon portfolio reaches 15,000 units in 10 states after two-year flurry

The Solomon Organization, a Summit-based multifamily owner and investor, is touting a major expansion of its portfolio after more than $1 billion worth of activity over the past two years.