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.

Industrial
Somerset office building, primed for industrial redevelopment, hits the market for sale

A vacant 200,000-square-foot office building in Somerset County is on the market for sale, providing what brokers say is a redevelopment opportunity in a growing industrial submarket.

Office
New tenant coming to Sanzari-owned campus in Teaneck, leasing 4,400 sq. ft.

Alfred Sanzari Enterprises has attracted a new office tenant to its Glenpointe campus in Teaneck, inking a lease for more than 4,400 square feet at the distinctive mixed-use property.

Office
Book publicist takes 3,300 sq. ft. at Cherry Hill office building, Vantage Commercial says

A publicity agency is relocating in Cherry Hill after signing a new lease for more than 3,000 square feet of office space, in a recent deal by Vantage Commercial.

Sponsored Content
The Rock Brook Consulting Group: Pushing the limits of design

As we adapt to a new way of living and working amidst a global pandemic, the concept of adaptive reuse has been more attractive than ever. For commercial real estate, the strategy of repurposing empty, ubiquitous office space into profitable areas has been a game changer in reducing low occupancy rates and reviving development deals.

Office
East Windsor medical office portfolio sold for $20 million, Colliers says

A developer has sold a two-building, 80,000-square-foot medical office portfolio in Mercer County, in a newly announced transaction by Colliers International.

Office
Medical practice inks 2,900 sq. ft. lease in Cherry Hill

A medical user is taking nearly 2,900 square feet at a Cherry Hill office complex, under a deal arranged by Wolf Commercial Real Estate.

Government & Public Policy
EDA: Applications open for Emerge program, successor to key jobs-based tax incentive

The state Economic Development Authority is now accepting applications for the jobs-based tax incentive known as Emerge, the long-awaited successor to the Grow New Jersey program.

Professional Services
Colliers adds former Transwestern market leader in New Jersey as executive managing director

Colliers International has added to its New Jersey leasing team with the hiring of a veteran broker and former leader of Transwestern’s office in the state.

Office
Larken to build 19,000 sq. ft. of new office space at Branchburg site

Larken Associates has unveiled plans to build a new 19,000-square-foot professional and medical office building at an existing property in Somerset County.

Office
Partnership sells majority stake in 541,000 sq. ft. Parsippany office building

A joint venture has sold a majority interest in a Parsippany office building, following upgrades at the property that helped lure a pharmaceutical company’s U.S. headquarters in 2018.