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
Jersey Mike’s leases 70,000 sq. ft. in major office deal at Bell Works Fort Monmouth

With an initial public offering in the works, Jersey Mike’s Subs has found new office space at the historic Fort Monmouth property thanks to a lease with Inspired by Somerset Development.

People
SJP Properties adds Welch, former C&W analyst, as investment associate

Peter Welch By Joshua Burd SJP Properties has welcomed Peter Welch as an investment associate, adding to the team focused on acquiring and developing high-end office, residential and mixed-use properties across New York, New Jersey and select Southeast markets. The…

People
JLL adds Buck, Berckmans to bolster tristate nonprofit, education and government practice

JLL has strengthened its nonprofit, education and government practice in the tristate region with the return of Allison Buck and the addition of Ella Berckmans.

Policy Page
Turning early optimism into action

Gov. Mikie Sherrill took office with a clear mandate from New Jersey voters: make the state more affordable, more efficient and more competitive. For the commercial real estate (CRE) industry, that message matters because growth does not happen in a vacuum. It relies heavily on public policy that allows projects to move forward, capital to be deployed with confidence and employers to expand in places where workers can live, commute and thrive.

Deals
Longtime nonprofit Our House Inc. leases 27,000 sq. ft. in New Providence, Kislak says

A nonprofit has secured a new headquarters with a nearly 27,000-square-foot office lease in New Providence, according to a team with Kislak Commercial Real Estate Services Inc.

Top News
Bergman expands programming with BetterSpaces, seeking to boost tenant engagement

Bergman Real Estate Group is leaning into its partnership with BetterSpaces, the tenant engagement platform, in a push to enhance the experience across its office portfolio.

Top News
Splendor officially rebrands with shortened name, highlighting creative agency’s evolution

Splendor, the creative agency with strong ties to commercial real estate and other industries, has officially shortened its name to reflect its decades-long movement to a full-service platform.

Finance & Capital Markets
Rubenstein, Vision land $80 million refi for 700,000 sq. ft. Latitude campus in Parsippany

A joint venture has refinanced the two-building Latitude campus in Parsippany, securing an $80 million loan that allows it to continue investing in the distinctive office property.

Professional Services
PREMIER Design + Build Group picks Morristown as new eastern region headquarters

PREMIER Design + Build Group has moved its East Coast headquarters to Morristown, a location that it says will help attract talent and position it for future growth in the region.

Events
NAIOP New Jersey unveils three Deal of the Year winners, plus finalists for office category

NAIOP New Jersey has announced three Deal of the Year winners ahead of its popular spring gala, with plans to reveal a fourth to the hundreds who will be on hand for the May 14 event.