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.

Office
Local buyer adds 12,000 sq. ft. Hammonton medical office complex, Vantage Commercial says

A local investor in Atlantic County has added to his portfolio with the purchase of five buildings with nearly 12,000 square feet of medical office space, according to the broker in the deal.

Office
Investment group sells 400,000 sq. ft. Mount Laurel office portfolio for $51 million

An investment firm has sold five office buildings in Mount Laurel for $51 million, touting the completion of a value-add strategy at the nearly 400,000-square-foot portfolio.

Professional Services
Workplace interiors firm dancker acquires Maryland-based furniture dealer

Interior solutions firm dancker has acquired Arbee, a Maryland-based furniture dealer, expanding its reach in the Mid-Atlantic as well as its home state of New Jersey.

Government & Public Policy
Hoboken approves redevelopment agreement with LCOR for high-profile terminal project

The long-awaited plan to improve Hoboken Terminal and build new apartments, office space and public amenities nearby took a key step forward this week with the city’s approval of a redevelopment agreement with LCOR, the firm that is spearheading the project.

Office
Newmark: Co-working firm comes to East Brunswick, inks lease at One Tower Center

A co-working provider has opened its doors in East Brunswick after leasing space at the newly renovated, 24-story One Tower Center building, brokers with Newmark announced.

Industrial
Greek unveils new corporate HQ, addition of 17 employees in 2022

Greek Development has announced the opening of a new corporate office in East Brunswick to accommodate a business that has doubled in size since late last year.

Office
NAI Hanson: Speech, occupational therapy practice leases 4,000 sq. ft. in Wayne

A speech and occupational therapy group has taken 4,000 square feet of office space in Wayne, in a newly announced deal by NAI James E. Hanson.

Industrial
Newark warehouse deal among five recent leases, sales by Newmark Associates

An industrial linen business has leased a 12,000-square-foot warehouse in Newark, in one of several newly announced transactions by Newmark Associates CRE.

Office
NAI Fennelly closes 110,000 sq. ft. in Central Jersey office leases, sales in first half of 2022

NAI Fennelly is touting the completion of more than 110,000 square feet of office leases and sales in central New Jersey during the first half of 2022.

Professional Services
Cafiero-led team looks to continue pace as Marcus & Millichap’s top N.J. brokerage unit

Marcus & Millichap’s top investment sales team in New Jersey is seeking continued momentum, following a banner year in 2021 and a strong first half of 2022, with a focus on triple-net-lease and multitenant retail deals and the industrial and office sectors.