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.

Office
Insiders: New Jersey has only scratched the surface in co-working, flex office space sector

The country’s largest cluster of co-working and flexible office space is only just across the Hudson River, but the fast-growing industry is still largely absent from New Jersey. Experts say that is due to change — and it’s only a matter of time.

Finance & Capital Markets
TD Bank touts construction loan, affordable housing rehab in Camden

The Michaels Organization is on track to rehabilitate 64 historic affordable housing units in Camden, thanks in large part to financing from TD Bank and state and local funding sources.

Industrial
Logistics firm inks 102,000 sq. ft. lease in Bridgewater, Zimmel says

A logistics firm has leased more than 100,000 square feet at a Bridgewater industrial building, in one of two newly announced deals by Zimmel Associates.

Retail
Brunelli: Asian grocer leasing 43,000 sq. ft. in Plainsboro

An East Asian grocery chain will be the newest anchor at a Plainsboro retail center, where it has inked a lease for more than 43,000 square feet.

Industrial
Welding firm relocates, takes 6,600 sq. ft. in Camden County

A welding company is relocating its training center to a flex building in Pennsauken, following a nearly 6,600-square-foot lease arranged by Wolf Commercial Real Estate.

Finance & Capital Markets
New York Life, Hartz ink $115 million mortgage for Secaucus rental property

New York Life Real Estate Investors has completed $115 million in financing for Hartz Mountain Industries and its newly completed, 469-unit apartment complex in Secaucus.

Industrial
HFF inks $8.5 million industrial sale in Hamilton

Matrix Development Group has sold another industrial building in the Exit 7A submarket, HFF announced, commanding $8.5 million for a 76,220-square-foot property in Hamilton.

Residential & Mixed Use
Developer lands HMFA tax credits for South Jersey affordable housing projects

A developer has secured $32 million in financing commitments for a pair of affordable housing projects in Cumberland and Camden counties.

Industrial
Stro announces new hires to support growing industrial footprint

The Stro Cos. has made three new hires to help support and expand its quickly growing portfolio.

Residential & Mixed Use
Jersey City: Boutique condo building welcomes first residents (SLIDESHOW)

The first residents have moved into a new boutique condominium building in Jersey City, where buyers have snapped up more than two-thirds of its 71 luxury homes.