Real Estate

East Hanover Commerce Center industrial/flex complex in Morris County.
Dec 9, 2021

Low industrial vacancies, lack of lab space leads to rent increases

Two recent reports from CBRE highlight the impact that demand is having on tenants' costs as warehouse leases expire and life sciences companies look to expand.

Dec 9, 2021

East Orange apartment building sells for $4.4M

Jed Matricaria, an investment specialist based in Marcus & Millichap's New Jersey office, had the exclusive listing to market the property.

The Brick of Hackensack, 150 Main St., Hackensack.
Dec 9, 2021

Downtown Hackensack’s first high-rise set to open doors next week (slideshow)

With 15 stories, a Sky Lounge offering Manhattan views and approximately 8,000 square feet of retail space, The Brick is ready to welcome residents.

Montclair Residences at Bay Street Station
Dec 8, 2021

Multi-housing community sells in Montclair

According to Senior Managing Director Jose Cruz, “[t]he Montclair Residences at Bay Street Station saw significant interest from the investment community with multiple national groups taking part in the bidding process.” 

Dec 7, 2021

Boonton construction firm opens NY office

The firm that led the build of the Statue of Liberty Museum in 2019 is expanding to better meet client needs in the Hudson Valley, where the firm has two ongoing projects.

The Capstone at Port Imperial.
Dec 7, 2021

Mack-Cali is now Veris Residential

As it makes the move to a pure-play residential REIT, the company is debuting its rebrand, and renewed focus on ESG.

98 Industrial Court, Howell.
Dec 7, 2021

Howell industrial site sells for $1.2M

The property includes a 7,000-square-foot structure with additional outdoor storage options.

Hillsborough Village Center
Dec 7, 2021

Mixed-use Hillsborough Village Center 100% preleased, Larken says

In light of the COVID-19 pandemic and ongoing construction, the company's residential division used a non-traditional leasing and marketing strategy at the property, going fully virtual.

1030 Saint Georges Ave., Avenel.
Dec 7, 2021

NAI James E. Hanson helps bring Daidone Electric to Avenel

The independent commercial real estate firm announced it negotiated a lease for 1,030 square feet of office space for the more than 90-year-old company.

Paramus Crossroads on Route 17 in Paramus.
Dec 7, 2021

At 108,000 square feet, retail outpost Paramus Crossroads is fully leased

Five new tenants signed on for a collective more than 32,000 square feet at the complex.

444 Hartle St., Sayreville.
Dec 6, 2021

Bussel brokers Sayreville industrial sale for $2.8M

The property's location lends itself to major roadway access, less than 3 miles from the New Jersey Turnpike, Garden State Parkway, and Routes 9 and 18.

Dec 6, 2021

NJEDA to launch Brownfields Impact Fund early next year

The initiative will make low-interest loans up to $350,000 available to for-profit organizations and grants of up to $350,000 available to nonprofits and local government units.