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
Law firm to open Roseland office after lease with Bergman

A law practice is opening a new office in Roseland, under a newly announced transaction by Sheldon Gross Realty.

Professional Services
Sordoni announces promotion of longtime team member to project executive

Sordoni Construction Co. has named a new project executive after promoting a veteran member of its team.

Office
Princeton office park home to Merrill Lynch, Bristol-Myers on the market for sale

A fully leased, two-building office complex in West Windsor is on the market for sale, boasting a list of high-profile tenants and a location three miles from downtown Princeton.

Retail
Southern-style barbecue concept picks Bell Works for second location

Another restaurant is expanding into Bell Works, joining a growing roster of eateries and retailers at the 2 million-square-foot mixed-use complex in Holmdel.

Professional Services
CBRE names new market leader for greater Philadelphia

CBRE has named a longtime broker on its team as its new advisory services market leader for the greater Philadelphia region.

Office
Cigna moving to ex-Honeywell campus in Morris Plains, reportedly leasing 200,000 sq. ft.

A global health services company is taking down a major piece of the former Honeywell International campus in Morris Plains, where it will reportedly lease some 200,000 square feet.

Government & Public Policy
Experts say ‘stranded’ office, retail sites can thrive as new-look community hubs

Experts say the way to revive outdated, underutilized commercial properties in New Jersey is to make the sites an essential part of their communities. That can mean increasing the amount of public green space or adding mixed-use elements, among other options aimed at redeveloping so-called stranded assets.  

Office
Real estate manager renews 2,300 sq. ft. lease at Glenpointe campus in Teaneck

A commercial real estate firm has renewed its 2,275-square-foot lease at Alfred Sanzari Enterprises’ flagship Glenpointe campus in Teaneck.

Industrial
Printing, direct mail business expands to 71,000 sq. ft. in Jersey City

A print and direct mailing company has nearly doubled its footprint in Jersey City after signing a lease renewal and expansion to 71,000 square feet, in a newly announced deal by Newmark.

Office
Marcus: Morristown property with medical office, residential unit trades for $2.5 million

A buyer has paid $2.5 million for a 6,000-square-foot mixed-use property in downtown Morristown, under a transaction arranged by Marcus & Millichap.