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REBusiness OnlineNews

CBRE Arranges $18.4M in Financing for Shopping Center in Perth Amboy, New Jersey

PERTH AMBOY, N.J. — CBRE has arranged $18.4 million in financing for ≈, a 91,280-square-foot shopping center located in the Northern New Jersey community of Perth Amboy. A 60,665-square-foot ShopRite grocery store anchors the center, which was fully leased at the time of the loan closing to 15 tenants with a…

Capital MarketsRetailDebt & FinancingnationalUnited States

Updated 3 days agoPublished Aug 11, 2026

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CBRE Brokers $6.8M Sale of Industrial Development Site in Dover, New Jersey

DOVER, N.J. — CBRE has brokered the $6.8 million sale of a 6.5-acre industrial development site in the Northern New Jersey community of Dover. The parcel is part of the newly opened, 80,000-square-foot headquarters facility of Dover Tubular Alloys at 220 W. Clinton St. Thomas Mallaney and Denise Kokulak of CBRE…

Capital MarketsIndustrial & LogisticsUnited StatesNorthern New Jersey

via REBusiness OnlineUpdated 6 days agoPublished Aug 7, 2026

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REBusiness OnlineNews

Osmo Opens 60,000 SF Headquarters Facility in Elizabeth, New Jersey

ELIZABETH, N.J. — Osmo, which uses machine learning to digitize scent and promote olfactory science, has opened a 60,000-square-foot headquarters facility in the Northern New Jersey community of Elizabeth. Designed by KSS Architects, the facility includes office, lab and manufacturing space, as well as a breakout…

Life SciencesIndustrial & LogisticsUnited StatesNorthern New Jersey

Updated 6 days agoPublished Aug 5, 2026

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REBusiness OnlineNews

LJS Development Breaks Ground on 25-Unit Affordable Housing Project in Randolph, New Jersey

RANDOLPH, N.J. — LJS Development has broken ground on Sussex Woods, a 25-unit affordable housing project in the Northern New Jersey community of Randolph. Sussex Woods will feature five one-bedroom units, 12 two-bedroom residences and eight three-bedroom apartments. All units will be reserved for households earning…

Affordable HousingMultifamilyUnited StatesNorthern New Jersey

Updated 6 days agoPublished Aug 5, 2026

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Commerce Park Investors

Northern NJ Industrial with Heavy Power Trades to Commerce Park Investors

Resource Realty of Northern New Jersey arranged the sale of a high-utility, standalone industrial facility located at 36 Pine St.in Rockaway, NJ. The transaction was brokered and finalized by firm Principals Greg Sabato and Scott Peck, who represented the buyer, Commerce Park Investors. The property encompasses…

Capital MarketsIndustrial & LogisticsUnited StatesNorthern New Jersey

via Connect CREUpdated 6 days agoPublished Aug 4, 2026

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Berkadia Brokers $8.7M Sale of Northern New Jersey Apartment Building

ELIZABETH, N.J. — Berkadia has brokered the $8.7 million sale of Aberdeen Arms Apartments, a 52-unit building located in the Northern New Jersey community of Elizabeth. Built in 1965, Aberdeen Arms offers 10 one-bedroom units and 42 two-bedroom units and was fully occupied at the time of sale. Nat Gambuzza, Trevor…

Capital MarketsMultifamilyUnited StatesNorthern New Jersey

via REBusiness OnlineUpdated 10 days agoPublished Aug 4, 2026

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Matthews Negotiates $4.4M Sale of Mixed-Use Portfolio in Clifton, New Jersey

CLIFTON, N.J. — Nashville-based brokerage firm Matthews has negotiated the $4.4 million sale of a portfolio of three contiguous mixed-use buildings totaling 14,500 square feet in the Northern New Jersey community of Clifton. The buildings at 233, 235 and 237 Dayton Ave. house one- and two-bedroom apartments in…

Capital MarketsMultifamilyUnited StatesNashville

via REBusiness OnlineUpdated 14 days agoPublished Jul 31, 2026

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Citizens Bank Refis N.J. Industrial Property With $47M Loan

Wholesale product company EXP Group has landed $47 million of permanent debt to refinance an industrial asset in northern New Jersey, Commercial Observer has learned. Citizens Bank provided the loan on the 300,015-square-foot logistics property at 2500 83rd Street in North Bergen, N.J. Ripco Real Estate arranged…

Capital MarketsIndustrial & LogisticsDebt & FinancingUnited StatesNew York

via Commercial ObserverUpdated 17 days agoPublished Jul 28, 2026

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Stock photograph illustrating “CBRE Arranges Sale of 29,336 SF Industrial Building in Avenel, New Jersey” — Photo by Sonny Sixteen / Pexels on Pexels

CBRE Sale of 29,336 SF Industrial Building, Avenel, New Jersey

AVENEL, N.J. — CBRE has arranged the sale of a 29,336-square-foot industrial building in the Northern New Jersey community of Avenel. The building sits on a 4.3-acre site at 190 Homestead Ave. and includes six drive‑in doors, two loading docks and newly renovated office space. Liam McGregor, Elli Klapper, Mark…

Capital MarketsOfficeIndustrial & LogisticsUnited StatesNorthern New Jersey

via REBusiness OnlineUpdated 21 days agoPublished Jul 24, 2026

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Image published by Connect CRE with the article “Resource Realty Negotiates Warehouse Lease for Amazing Savings” — Image: Connect CRE

Connect CRENewsSubscription required

Resource Realty Warehouse Lease

Resource Realty of Northern New Jersey (RRNNJ) negotiated a 173,475-square-foot, long-term industrial lease at the newly constructed Spring Brook Commerce Center, located at 128 Iron Mountain Rd. in Mine Hill, NJ, on behalf of closeout retailer Amazing Savings. The transaction was led by the RRNNJ executive…

Capital MarketsIndustrial & LogisticsUnited StatesNorthern New Jersey

Updated 24 days agoPublished Jul 20, 2026

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REBusiness OnlineNews

RH Outlet Store Opens at Ikea Drive Plaza, Paramus, New Jersey

PARAMUS, N.J. — RH Outlet has opened a 50,700-square-foot store in the Northern New Jersey community of Paramus. The luxury home furnishings retailer has relocated its Paramus store from an unspecified, nearby space to a freestanding building within Ikea Drive Plaza. Curtis Nassau and Patrick Brake of RIPCO Real…

RetailUnited StatesNorthern New Jersey

Updated 1 month agoPublished Jul 15, 2026

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Cushman & Wakefield

New Jersey Industrial MarketBeat Q4 2025

New Jersey's industrial market in Q4 2025 achieved 28.8 million square feet of new leasing activity—the third-highest annual total on record—with the Turnpike Corridor accounting for 70.5% of year-to-date activity, though the vacancy rate rose to 8.9% due to 4.4 million square feet of new deliveries and 2.2 million square feet of negative net absorption in the fourth quarter. The Port of New York and New Jersey recorded a 2.9% year-over-year increase in container volume through November, while overall asking rent declined 4.8% year-over-year to $16.60 per square foot, with Class A warehouse and distribution properties showing stronger resilience than non-Class A assets.

Industrial & LogisticsNorthern New JerseyNew Jersey

Updated 1 month agoPublished Dec 31, 2025

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Cushman & Wakefield

New Jersey Office MarketBeat Q4 2025

New Jersey's office market recorded its third consecutive quarter of positive net absorption in Q4 2025, with 758,000 square feet of year-to-date gains and an overall vacancy rate of 21.9% (16.4% using the median vacancy rate metric), while asking rents remained flat year-over-year at $32.33 per square foot. Northern New Jersey drove momentum with 1.6 million square feet of annual net occupancy gains and a declining vacancy rate, though Central New Jersey faced headwinds from major tenant departures including Sanofi's 467,149-square-foot sublease listing and MetLife's 400,000-square-foot exit in Bridgewater.

OfficeNorthern New JerseyNew Jersey

Updated 1 month agoPublished Dec 31, 2025

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Newmark

Northern New Jersey Office Market Report 1Q26

Northern New Jersey's office market recorded 1.9 million square feet of leasing activity in the first quarter of 2026, slightly below the two-year quarterly average of 2.1 million square feet, while the overall availability rate decreased 20 basis points to 22.7% driven by 240,846 square feet of positive net absorption. Key findings include sublease availability declining to 5.9 million square feet—the lowest level in six years—Class A office leasing accounting for more than 72.3% of overall activity, and overall asking rents averaging $32.12 per square foot with a 0.38% year-over-year increase, with Class A pricing at $35.29 per square foot representing a 9.3% premium.

OfficeNorthern New JerseyNew Jersey

Updated 1 month agoPublished Mar 31, 2026

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Cushman & Wakefield

New Jersey Industrial MarketBeat Q1 2026

New Jersey's industrial market recorded 9.5 million square feet of new leasing activity in Q1 2026, a 45.2% year-over-year increase, with the Exit 8A submarket leading recovery after two years of occupancy losses. The overall vacancy rate declined to 8.7%, average asking rent stood at $16.33 per square foot, and the Port of New York and New Jersey achieved 749,906 TEUs in January 2026, up 4.0% year-over-year, supported by strong gains in rail and auto volumes.

Industrial & LogisticsNorthern New JerseyNew Jersey

Updated 1 month agoPublished Mar 31, 2026

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CBRESubscription required

New Jersey Office Figures Q1 2026

This is a quarterly data report published by CBRE on March 31, 2026, presenting office sector figures for New Jersey in the first quarter of 2026, with coverage spanning northern New Jersey and national markets.

OfficeNorthern New JerseyNew Jersey

Updated 1 month agoPublished Mar 31, 2026

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Cushman & Wakefield

New Jersey Office MarketBeat Q1 2026

Cushman & Wakefield's Q1 2026 New Jersey office market report documents overall vacancy at 21.8% (50 basis points below year-ago levels), asking rents at $32.43 per square foot, and 371,986 square feet of negative absorption during the quarter, with Class A properties commanding an 11.5% premium and accounting for 59.7% of leasing volume. The state's labor market remained stable at 4.6 million jobs with education and health services posting 3.5% year-over-year growth, while Northern New Jersey vacancy declined 140 basis points year-over-year to 21.3% and Central New Jersey vacancy rose 80 basis points year-over-year to 22.5%, with demand concentrated in well-located, transit-accessible high-quality office buildings reflecting an ongoing flight-to-quality trend.

OfficeNorthern New JerseyNew Jersey

Updated 1 month agoPublished Mar 31, 2026

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CBRESubscription required

Northern and Central New Jersey Industrial Figures Q4 2025

This is a quarterly data report published by CBRE on December 31, 2025, presenting industrial sector figures for Northern and Central New Jersey in the fourth quarter of 2025. The report provides market metrics and statistical information for the industrial real estate segment in that regional area.

Industrial & LogisticsNorthern New JerseyNew Jersey

Updated 1 month agoPublished Dec 31, 2025

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CBRESubscription required

New Jersey Office Figures Q4 2025

This is a data figures report published by CBRE on December 31, 2025, covering the office sector in New Jersey and related markets including Northern New Jersey, Philadelphia, New York, and national comparisons for the fourth quarter of 2025.

OfficeNorthern New JerseyNew Jersey

Updated 1 month agoPublished Dec 31, 2025

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