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.

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.

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.

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.

Outside the box

By and large, it’s been a decade of good news for New Jersey industrial’s sector. I’m certainly thankful for the steady stream of updates on deals and developments up and down the state, especially in a pandemic that has threatened other asset classes. That can also present a challenge as we look to keep our content fresh, nuanced and informative in an area that has been so consistent.

SIOR New Jersey returns to in-person gatherings, in key step for brokerage community

Perhaps as much as anyone else in commercial real estate, brokers have been eager to return to the pre-pandemic days of in-person gatherings and face-to-face networking. Local leaders with the Society of Industrial and Office Realtors are well aware as they plan the chapter’s own transition back to business as usual, following a year of virtual events and finding creative ways to keep their members engaged.

IOREBA hosts 52nd annual golf, tennis outing

A group of industry professionals turned out recently for an annual golf and tennis outing hosted by the Industrial and Office Real Estate Brokers Association.

Investment firm taps Newmark as leasing agent for newly added Woodbridge office park

The new owner of a six-building, 630,000-square-foot office campus in Woodbridge has retained Newmark as its leasing agent at the property.

Film studio, state’s largest and first purpose-built production space, opens in Jersey City

New Jersey’s first purpose-built film studio has opened its doors in Jersey City, seeking to capitalize on the state’s efforts to attract and subsidize the television and movie industry.

Investor acquires 32,000 sq. ft. Rutherford office building, Colliers says

A private investor has purchased a fully leased, multitenant office building in Rutherford, under a newly announced transaction by Colliers International.

Larken, cargo security firm ink 6,400 sq. ft. renewal in Branchburg

Larken Associates has announced a renewal with a tenant at a 90,000-square-foot office building along Route 22 in Somerset County.