Office

New Jersey’s office market is evolving by the day, but this fact remains: The state’s location and educated workforce make it a highly desirable place for tenants of all shapes and sizes.

Office
LPC inks 53,000 sq. ft. in new deals, renewals at new-look Parsippany office building

A renovated office building in Parsippany is nearly full after some 53,000 square feet of new leases and renewals secured by Lincoln Property Co.

Sponsored Content
Real Estate NJ’s 2025 Market Forecast

Commercial real estate leaders have entered 2025 with varying levels of optimism. That’s evident from this year’s Real Estate NJ Market Forecast, where you’ll find everything from caution to confidence about how the sector will perform as it balances strong fundamentals in several key asset classes with new regulatory headwinds, nagging inflation and what seems to be a lingering lack of clarity over when lower interest rates will truly impact the industry.

You can read all about it in our 2025 Market Forecast, which features predictions and insights from some of the state’s leading voices in commercial real estate.

Office
WCRE: Berlin office building sold in deal between BFP Properties, Badmacs Holdings

BFP Properties LLC has sold a 4,100-square-foot office building in the Camden County borough of Berlin, in a deal arranged by Wolf Commercial Real Estate.

Professional Services
NAI Hanson acquires The Garibaldi Group, NAI Summit to combine storied brokerage firms

NAI James E. Hanson has acquired The Garibaldi Group, bringing together two of New Jersey’s oldest and most recognizable brokerage and real estate services firms.

People
Hanback named head of development at Rockefeller Group

Rockefeller Group has tapped Executive Vice President Brandi Hanback as the sole leader of its U.S. development platform and a pipeline that totals more than 17 million square feet.

Office
JLL: Buyer wanted for Parsippany office building with ‘significant upside’ from redevelopment

Another office building in Parsippany is on the market for sale for potential redevelopment or repositioning, in a newly announced offering by JLL’s New Jersey capital markets team.

Office
KPMG leases 66,000 sq. ft. at Morristown’s HQ Plaza, slated to move from Short Hills in 2026

KPMG has taken 66,000 square feet at Morristown’s HQ Plaza complex, marking the latest high-profile addition to the town’s roster of major corporate tenants.

Deals
Zimmel: Denholtz sells 74,000 sq. ft. mixed-use portfolio in Clark commercial corridor

Denholtz Properties has sold a nearly 74,000-square-foot commercial portfolio in Clark for $18 million, in a newly announced deal by Zimmel Associates.

Deals
East Orange building with 5,000 sq. ft. office, workshop space sold in deal by KW Commercial

A commercial building that was the longtime home of a construction firm has changed hands in East Orange, in a newly announced deal by KW Commercial Realty.

Office
WCRE: Partnership sells 8,700 sq. ft. Cherry Hill office building

Investors have sold an 8,700-square-foot office building in Cherry Hill after having owned it for a decade, in a newly announced deal by Wolf Commercial Real Estate.