Residential & Mixed Use

The construction boom in New Jersey is no more evident than in the multifamily and mixed-use sector, thanks to changing demographics and the demand for urban-style living, even in the suburbs.

Professional Services
Nashville-based Matthews enters New Jersey, hires two multifamily brokers

Matthews Real Estate Investment Services, a Nashville-based brokerage firm, has entered the New Jersey market with the hiring of two brokers in the region.

Residential & Mixed Use
JLL: Buyer wanted for newly completed, 356-unit apartment complex in Woodbridge

A new two-building, 356-unit high-end apartment property in Woodbridge is on the market for sale, in a newly announced offering by JLL’s New Jersey capital markets team.

Professional Services
Dresdner Robin promotes Venin to director of landscape architecture

Dresdner Robin has picked a 10-year veteran of the firm as its new director of landscape architecture, the land use consultancy announced Wednesday.

Residential & Mixed Use
Renters flocking to downtown Bound Brook, with Accurate leasing 70 percent of new building

Accurate has leased more than two-thirds of its new 105-unit upscale apartment building in downtown Bound Brook, the developer announced this week. 

Residential & Mixed Use
KRE, Goldman sell 440-unit apartment complex outside Princeton, reportedly for $115 million

Kushner Real Estate Group and Goldman Sachs Asset Management have sold a 440-unit garden apartment complex in Plainsboro, reportedly for $115 million, in a deal arranged by JLL.

Top News
Commercial real estate leaders pay tribute to Oliver after lieutenant governor’s death

The death of Lt. Gov. Sheila Oliver is rippling through the state’s commercial and residential real estate industries, whose leaders recalled her as a pioneer and devoted public servant who advocated for affordable housing and economic development.

Residential & Mixed Use
Family sells 126-unit Elizabeth apartment complex after 40 years, Gebroe-Hammer says

The longtime owner of a 126-unit garden apartment complex in downtown Elizabeth has sold the property, in a newly announced deal by Gebroe-Hammer Associates.

Professional Services
JLL promotes DeVesty to director with Morristown-based capital markets team

JLL has promoted a longtime member of its New Jersey-based capital markets team to a production role focused on multifamily investment sales.

Professional Services
Sitar hires new sales associate focused on industrial, multifamily

Sitar Realty Co. has announced the addition of a sales associate to its Woodbridge-based team of brokerage professionals.

Office
Veris places another Harborside office tower, land site under contract for combined $104 million

Veris Residential Inc. has agreed to sell two additional pieces of its flagship Harborside campus in Jersey City, including a nearly 250,000-square-foot office building and a development parcel that was once slated for more than 1 million square feet of additional space.