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.

Mars Wrigley moving to downtown Newark by 2020

The maker of the iconic Mars and Wrigley brands is officially moving its U.S. headquarters to Newark, where it will anchor a soon-to-redeveloped piece of the city’s downtown.

At NAIOP forum, coalition unveils playbook for redevelopment policy

A group of commercial real estate leaders gathered Tuesday to unveil a new policy agenda to promote smart growth and redevelopment, urging lawmakers and Gov.-elect Phil Murphy to take action that will help New Jersey stay competitive in the years to come.

NAI Hanson brokers sale of medical office space near Hackensack hospital

A pain management practice is expanding with its purchase of a 2,610-square-foot medical office space in Hackensack, following a deal arranged by NAI James E. Hanson.

Denholtz renews longtime law book tenant at Clark commercial center

A seller of books for law professionals has renewed its 11,700-square-foot office lease at a Clark commercial complex, landlord Denholtz Associates announced recently.

Pagano: Construction, accounting firms expand at Fair Lawn office building

Two tenants have expanded their footprint inside of a three-story office building in Fair Lawn, according to representatives from Pagano Co. who brokered the deals.

Public incentives: Building on the success of Grow New Jersey, ERG

Even the staunchest supporters of the state’s incentive programs believe it’s time for a change — but they stop well short of those who call for outright eliminating the powerful economic development tools. To that end, the Smart Growth Economic Development Coalition has proposed a series of amendments to incentives such as the Grow New Jersey tax credit and the Economic Redevelopment and Growth grant. The group cited the need to right-size the offering to reflect changes in the market and to help a broader swath of businesses, while also adding flexibility to the program and rebalancing its policy objectives.

High-powered industry coalition seeks to provide a roadmap for new governor, Legislature

A coalition of commercial real estate industry leaders has unveiled a new set of proposals for Gov.-elect Phil Murphy and state lawmakers, seeking to refine policies that have spurred economic development in recent years and address some of New Jersey’s most glaring needs.

Local land use: Creating predictability, uniformity

Rather than try to replace the Municipal Land Use Law or strip local governments of the ability to control zoning in their town, the Smart Growth Economic Development Coalition has outlined what it says are reasonable, practical changes to help streamline development, create more certainty and encourage new business growth in the state. Those changes include steps such as standardizing non-residential site improvement requirements, creating more consistency across the entitlement process and softening the approval process for projects that will help create affordable housing.

Environmental consulting firm touts four new hires

Atlantic Environmental Solutions Inc. has bolstered its team with the addition of four new hires.

Jersey Shore office building sold for $8.6 million

Investors have paid $8.6 million to acquire a nearly 50,000-square-foot office building in Monmouth County, according to executives with CBRE and Weiss Realty Inc.