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.

People
Saxum adds director of capital markets among three newest hires

Saxum Real Estate made three additional hires as it continues to scale its business, having doubled the size of its team since the start of the pandemic.

Office
Larken, medical equipment firm ink 2,100 sq. ft. lease in Mercer County

Larken Associates will welcome a new tenant to a Lawrenceville commercial property after leasing more than 2,000 square feet to a medical equipment supplier.

Office
Merck officially lists 2 million sq. ft. headquarters, R&D campus in Kenilworth

A year after announcing plans to vacate its Kenilworth headquarters, Merck & Co. has officially placed the nearly 2 million-square-foot office and research campus on the market for sale.

Professional Services
JLL adds senior vice president to New Jersey office brokerage team

JLL has made another addition to its New Jersey team, announcing the hiring of a well-known office leasing professional.

Office
Parsippany office complex trades for $10.5 million, Kislak says

A private investor has sold a four-building, 126,000-square-foot office complex in Parsippany for $10.5 million, in a deal arranged by The Kislak Co. Inc.

Office
Investment firm continues push into New Jersey suburbs, eyes return to high-end office buildings

With nearly a dozen acquisitions and more than $750 million in combined investment — all since spring 2018 — The Birch Group is exceedingly bullish on northern New Jersey’s office market and the expected return to work in top-tier locations.

Office
JLL named leasing agent at five-story, 216,000 sq. ft. office building in Union

A joint venture has tapped JLL as its leasing agent at a 216,000-square-foot office building adjacent to Kean University in Union Township.

Office
Dermatologist takes 7,100 sq. ft. in Ramsey, NAI Hanson says

A dermatology practice is moving inside Bergen County after leasing more than 7,000 square feet of medical office space in Ramsey, according to brokers with NAI James E. Hanson.

Office
Mack-Cali reveals new renderings, programming for revamped Jersey City campus (SLIDESHOW)

Mack-Cali Realty Corp. is providing a new glimpse at the long-awaited overhaul of its flagship campus in Jersey City, where it will unveil a series of upgraded office buildings, amenities for tenants and programming to draw visitors to its redesigned public spaces.

Events
Jersey City Summit announces three-day virtual event with Murphy, Fulop among speakers

Gov. Phil Murphy and Jersey City Mayor Steven Fulop will once again headline The Jersey City Summit for Real Estate Investment, a popular conference that’s slated to take place this year in virtual form and spotlight the community’s still-surging development pipeline.