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Real Estate NJ’s 2025 Market Forecast

Commercial real estate leaders have entered 2025 with varying levels of optimism. That’s evident from this year’s Real Estate NJ Market Forecast, where you’ll find everything from caution to confidence about how the sector will perform as it balances strong fundamentals in several key asset classes with new regulatory headwinds, nagging inflation and what seems to be a lingering lack of clarity over when lower interest rates will truly impact the industry.

You can read all about it in our 2025 Market Forecast, which features predictions and insights from some of the state’s leading voices in commercial real estate.

Hudson Atlantic touts expansion, sales growth as Zweibel assumes full ownership

Brokerage firm Hudson Atlantic is starting a new chapter after a recent consolidation of ownership, eyeing continued growth in what will be its fourth full year in business.

Cold storage expert Aschenbrand joins Newmark as executive managing director

Newmark has added Dave Aschenbrand as an executive managing director with its New Jersey team, in a move aimed at expanding its position in the growing cold storage segment.

NAI Hanson acquires The Garibaldi Group, NAI Summit to combine storied brokerage firms

NAI James E. Hanson has acquired The Garibaldi Group, bringing together two of New Jersey’s oldest and most recognizable brokerage and real estate services firms.

MHS Architecture promotes Buldo to chief operating officer

MHS Architecture has elevated Michael Buldo to chief operating officer, citing his ongoing leadership and his past contributions to the Hoboken-based firm.

Alban Group promotes Shaw to vice president, Bunker to senior construction manager

The Alban Group has promoted Tim Shaw to vice president and Jake Bunker to senior construction manager, the Newark-based firm announced this week.

Community Builders adds Dorne as senior project manager

Community Builders has hired Harrison Dorne as a senior project manager, in another addition to its Morristown-based team after the firm’s launch last year.

SOCO Construction promotes Perry, 41-year industry veteran, to general superintendent

SOCO Construction Co. has promoted Benjamin Perry to general superintendent, touting his more than four decades in the industry and a passion for building that began as a teenager.

DIGroup leader Myers wins ‘Diversity in Business’ honor from Philly business journal

The Philadelphia Business Journal has recognized Vince Myers, president and cofounding principal of DIGroup Architecture, as a 2025 Diversity in Business honoree.

Brotman, Caldwell among newly named members at Cole Schotz

Cole Schotz PC has elevated four attorneys to member of the firm, including Aaron S. Brotman of its construction and real estate teams and Inga C. Caldwell of its environmental group.