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Office
Samsung leaving New Jersey, leaving Englewood Cliffs campus vacant once again

A high-profile office campus in Englewood Cliffs will be vacated for the second time in two years, with Samsung Electronics America reportedly set to move its headquarters to Texas.

Residential & Mixed Use
JLL lists shovel-ready site in Wayne with full approvals for 98-unit rental project

A development site with approvals for a new 98-unit apartment building has hit the market in Wayne, brokers say, providing an opportunity in an affluent but undersupplied submarket.

Professional Services
DIG Architecture marks 20-year milestone, unveils rebrand with ‘groundbreaking’ vision

The practice long known as DIGroup Architecture is marking its 20th anniversary with a new brand identity, one that reflects the evolution of its client base and geographic presence.

Professional Services
Real estate, development to serve as ‘cornerstone’ of newly launched DeCotiis Doyle LLP

Longtime attorneys Michael R. DeCotiis and Douglas F. Doyle have launched a new firm, with a focus that will include major commercial real estate matters in and around New Jersey.

Finance & Capital Markets
JLL: Owner of 48,000 sq. ft. New Providence medical office building refis with life company

MEARJ Properties has closed on a deal to refinance more than 48,000 square feet of medical office space in New Providence, brokers with JLL announced Monday.

Office
Jersey Mike’s lease comes amid 222,000 sq. ft. in commitments at Bell Works Fort Monmouth

A major deal with Jersey Mike’s Subs isn’t the only lease at the new Bell Works Fort Monmouth, where tenants have committed to more than 222,000 square feet in less than a year.

Health Care
Health care provider adds 8,000 sq. ft. Cherry Hill property, WCRE says

A nationally known health care organization has acquired an 8,000-square-foot property in Cherry Hill, in a newly announced deal by Wolf Commercial Real Estate.

Government & Public Policy
Developer groups laud Sherrill, DEP for one-year delay of controversial flood elevation rules

By Joshua Burd State officials are delaying new land use and flood protection rules that were due to take effect this summer, in a major win for commercial real estate and business groups and a bipartisan coalition of lawmakers and mayors…

Residential & Mixed Use
Veerman: Affordable housing investor buys 61-unit portfolio in Robbinsville, Montgomery for $6 million

A private investor has expanded its affordable housing portfolio in New Jersey, acquiring a combined 61 units across two properties under a deal arranged by Veerman Asset Management.

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Spring has sprung. So has the chaos.

Spring rolls into summer and the snowbirds migrate back north — Florida to New York, just like clockwork. Except they didn’t leave the AC on in their Florida condos. So now we’re walking into spaces that feel like a science experiment gone wrong, trying to paint, renovate and salvage materials that were not designed for tropical sauna conditions.