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
SJP, Siemens detail 66,000 sq. ft. lease at new-look Metropark office building

Siemens has joined the tenant roster at a newly updated office building in Woodbridge, where it’s taking more than 65,000 square feet under a recent lease with SJP Properties.

Office
Bergman taps BetterSpaces for wellness, engagement programs at New Jersey office buildings

Bergman Real Estate Group has partnered with a tenant wellness and engagement platform in a move aimed at boosting the appeal of several of its New Jersey office buildings.

Office
YMCA chapter sells 7,000 sq. ft. office building in Livingston, NAI Hanson says

NAI James E. Hanson has negotiated the sale of a freestanding, 7,000-square-foot former YMCA office building in Livingston.

Professional Services
Savills taps real estate, finance veteran as head of Northeast research team

Savills has named a new senior director for its Northeast research group, tapping a longtime finance and commercial real estate professional for the role.

Office
JLL: Yarn maker finds new home, subleases 13,000 sq. ft. in Lyndhurst

A yarn company is taking 13,000 square feet of office space in Lyndhurst as part of a plan to relocate and expand its operation, under a deal arranged by brokers with JLL.

Health Care & Education
Atlantic County medical office campus, development site fetches $6.1 million

A personal trust has sold a partially completed medical office campus in Little Egg Harbor for $6.1 million, in a recently completed deal by Marcus & Millichap.

Office
SJP, Scotto break ground on Valley Bank’s new 120,000 sq. ft. headquarters in Morristown

Construction is underway on Valley Bank’s future headquarters in Morristown, where it will lease 120,000 square feet of new office space built by SJP Properties and Scotto Properties.

Deals
STRO adds 53,000 sq. ft. commercial building in Paramus

The STRO Cos. has purchased a nearly 53,000-square-foot commercial building in Paramus, in a transaction arranged by Jeffery Realty.

Office
PTC Therapeutics takes 360,000 sq. ft. at Warren office campus in lease with Rubenstein, Vision

PTC Therapeutics has leased 360,000 square feet for a new corporate headquarters in Warren, in a deal that marks one of New Jersey’s largest office leases of the past decade.

Residential & Mixed Use
Kushner begins tear-down of East Hanover office building, eyeing 265 luxury apartments

Kushner has started its demolition of another aging suburban office building, this time in East Hanover, paving the way for what will be a new 265-unit luxury apartment complex.