New Jersey Commercial Real Estate News

The Sterling, a 128-unit apartment property along New Jersey's Gold Coast in Fort Lee, has sold for nearly $52 million

Fort Lee Apartments Fetch $52M Amid Renter Demand

By Paul Bubny | July 05, 2022 Cushman & Wakefield arranged the sale of The Sterling, a 128-unit multifamily property located ...Read more

EverWest has acquired a 177,000-square-foot industrial property in Rutherford, NJ in a sale-leaseback

EverWest Adds to NJ Portfolio with Meadowlands Sale-Leaseback

By Paul Bubny | July 04, 2022 EverWest Real Estate Investors has added to its New Jersey industrial portfolio with a $3...Read more

A 152,000-square-foot industrial property in Paterson NJ has changed owners in a transaction brokered by NAI James E. Hanson

NAI Hanson Closes Deal for Northern NJ Industrial

By Paul Bubny | June 30, 2022 NAI James E. Hanson negotiated the sale of a 152,000-square-foot industrial building at 55 E. 6th S...Read more

Duke Realty Headquarters Gets Green Building Council Sustainability Thumbs Up

Somerset Development Rebrands as Inspired

By Paul Bubny | June 29, 2022 Somerset Development, based in Holmdel, NJ and known for large-scale mixed-use redevelopment, said ...Read more

Seagis has acquired 60 Leonard St., a Metuchen, NJ industrial property in the Exit 10 submarket

Seagis Acquires Metuchen Industrial, Plans Upgrades

By Paul Bubny | June 28, 2022 Seagis Property Group closed on a 6.92-acre industrial real estate property featuring a 158,641-squ...Read more

JLL has been hired to provide property management at Headquarters Plaza, an office, retail and hotel complex in Morristown, NJ

JLL Tapped for Property Management at Morristown’s Headquarters Plaza

By Paul Bubny | June 23, 2022 JLL has been selected to provide property management services to Headquarters Plaza, a 760,000-squa...Read more

Completed in 2021, Butler Plaza in Butler, NJ is fully leased

New-Construction NJ Retail Trades for $24M

By Paul Bubny | June 22, 2022 Marcus & Millichap closed the sale of Butler Plaza, a 29,833-square-foot retail center in Butle...Read more

Crow Holdings Carteret will encompass 1.2 million square feet of industrial development near the NJ Turnpike

Crow Holdings Breaks Ground on 1.2M-SF Spec Industrial in Carteret

By Paul Bubny | June 20, 2022 Crow Holdings Development broke ground on Carteret Crow Holdings, a 126-acre property in Carteret, ...Read more

Hudson Atlantic brokered the $15.6-million sale of four East Orange, NJ apartment properties near the city's train stations

East Orange Multifamily Portfolio Fetches $16M

By Paul Bubny | June 19, 2022 Hudson Atlantic Realty arranged the sale of four multifamily buildings with a combined 96 apartment...Read more

Columbia Property Trust Completes Rehab of 95 Columbus in Jersey City

By Ted Jackson | June 16, 2022 Columbia Property Trust (CPT) has completed the redevelopment of 95 Columbus, its 680,000-square-fo...Read more

Siemens has leased 65,500 square feet at SJP Properties' 200 Wood Ave. South in Iselin, NJ

Siemens Inks Lease for 66K SF with SJP in Iselin

By Paul Bubny | June 15, 2022 SJP Properties has inked a deal with industrial technology company Siemens for 65,500 square feet o...Read more

GPARENCY Launches Free Commercial Property Database

By Ted Jackson | June 14, 2022 GPARENCY, a commission-free commercial mortgage brokerage based in Howell, NJ, is now providing a c...Read more

NY Warren Corporate Center Building-500 Warren NJ

PTC Therapeutics Moving HQ, Signs 360K-SF Mega-Lease in NJ’s Warren Corporate Center

By Ted Jackson | June 11, 2022 Rubenstein Partners, L.P and joint venture partner Vision Real Estate Partners have signed global b...Read more

The 97% occupied Essex Mall in West Caldwell, NJ is anchored by Stop & Shop

Grocery-Anchored Center Changes Hands in West Caldwell

By Paul Bubny | June 07, 2022 CBRE closed the $47-million sale of Essex Mall, a 189,773-square-foot, grocery-anchored shopping ce...Read more

CBRE represented The Silverman Group in the sale of a two-building office park at 25 Hanover Rd. in Florham Park, NJ.

CBRE Arranges Deal for Florham Park Offices

By Paul Bubny | June 06, 2022 CBRE arranged the $24.5-million sale of 25 Hanover Rd., a 100% leased, 132,737-square-foot office p...Read more

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Greystone Provides $74M Fannie Mae Refi on Newark Affordable Portfolio

By Paul Bubny | June 03, 2022 Greystone provided a total of $74,300,000 in Fannie Mae Delegated Underwriting Servicing (DUS) loan...Read more

The team of Chris Borges and Paulo Santos has joined Avison Young's New Jersey office to focus on business development

Avison Young Hires Team of Borgese and Santos in NJ Office

By Paul Bubny | June 02, 2022 Avison Young has hired Chris Borgese and Paulo Santos as VPs in the Morristown, NJ office, whe...Read more

Formerly a department store, the Hahne & Co. building in downtown Newark has been redeveloped into office space

SBM Management Relocates NJ Headquarters to Newark’s Hahne & Co. Building

By Paul Bubny | June 01, 2022 L+M Development Partners, Prudential Financial and Goldman Sachs Urban Investment Group have secure...Read more

NAI Fennelly has been hired to arrange the sale of 240 W. State St., a 240,000-square-foot office property in Trenton, NJ

Trenton’s Largest For-Sale Office Property Comes to Market

By Paul Bubny | May 28, 2022 NAI Fennelly has been selected to market 240 W. State St., a 240,000-square-foot office building cu...Read more

BlueGatePartners LLC has secured senior construction financing for the developers of the Devan, a Class A apartment project to be built in Jersey City

BlueGate Lines Up Financing for Multifamily on Jersey City/Hoboken Border

By Paul Bubny | May 25, 2022 BlueGatePartners LLC, on behalf of Hoboken-based Ursa Development Group and Fields Development, has...Read more

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