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.

Investors touts more than $800 million in CRE lending during Q1

A refinancing loan of $26.6 million for this 138,600-square-foot, 148-unit multifamily property in Sayreville is one of several commercial mortgages originated by Investors Bank during the first quarter. — Courtesy: Investors Bank By Joshua Burd Commercial mortgage lenders with Investors…

Prism: Fragrance maker acquires Parsippany building as part of HQ move

Prism Capital Partners has sold a 102,000-square-foot office building in Parsippany to a global fragrance and flavor company, allowing the business to relocate its U.S. headquarters to the property.

Sheldon Gross inks deals for chiropractor, bus company in West Orange

West Orange-based Sheldon Gross Realty Inc. has brokered two new leases in its hometown, including one that has brought a new business to the community.

Colliers: Iconic mustard brand French’s recommits to Morris County HQ

French’s Food Co. has inked a long-term renewal for its global headquarters at a 32,000-square-foot office building in Chester, Colliers International Group Inc. said Friday.

Sanzari announces renewal at Hasbrouck Heights office building

A software firm has recommitted to its 12,400-square-foot space at a Hasbrouck Heights office building, according to landlord Alfred Sanzari Enterprises.

CBRE named agent for 821K sq. ft. Union County office portfolio

The new owner of an eight-building office portfolio in Union County has hired CBRE Group Inc. to market and lease the properties, the real estate services firm announced.

The rebirth of the suburbs: The impact of aging millennials and driverless car technology

This multiyear transformation of our downtown areas has led to speculation that the single-family, suburban model of development is dead. In this article, I will make a different prediction. Today, I predict that the next great housing boom will be in the suburbs. The millennials will move out of the city and into the suburbs and will commute farther distances, by car, than previous generations.

In Warren, Vision looks to build on success of amenity center concept

For some tenants at The Crossings at Jefferson Park, the biking and walking trails that weave through the Whippany office campus have become a modern-day meeting space, as have the food court and lounges inside the property’s new amenity center. That’s according to executives with Vision Real Estate Partners, who are now looking to replicate and build on that success at another suburban office campus in New Jersey.

Capital markets brokers Welsh, Schulz join Newmark Knight Frank

A team led by two of the state’s top capital markets brokers has joined Newmark Knight Frank, providing a powerful addition to the firm’s investment sales platform in northern New Jersey.

Colliers picked to market eight-story Somerset office building

The owner of a 229,000-square-foot, eight-story office building in Somerset County has tapped Colliers International Group to sell or lease the property, the real estate services firm said.