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
Two new tenants coming to historic Jersey City office, retail building

Two new tenants have taken space at a historic commercial building in Jersey City, under a set of newly completed leases by Grid Real Estate.

People
Sommer joins Kushner Cos. as executive VP for development, construction

A veteran development executive has joined Kushner Cos., bolstering its team as the firm continues to grow its pipeline in the region and throughout the East Coast.

Office
Bergman announces acquisition of Princeton office building, securing $14 million loan

A partnership led by Bergman Real Estate Group has acquired a 160,000-square-foot, Princeton-area office building from Mack-Cali Realty Corp.

Office
GSA, law firm ink renewals at Hackensack office complex

Two tenants at a well-known office complex in Hackensack have signed long-term lease renewals, in a set of newly announced transactions by CBRE.

Office
C&W tapped to manage ex-Honeywell campus in Morris Plains

The new owner of the former Honeywell International headquarters in Morris Plains has selected Cushman & Wakefield to manage the property.

Government & Public Policy
Murphy signs $14 billion incentive package

Gov. Phil Murphy has signed into law a bill that would create a seven-year, $14 billion package of tax incentives for key businesses and development projects in the state.

Office
Newmark: With demand weakened by pandemic, New Jersey office market stumbles into 2021

Vacancy in the northern New Jersey office market grew for four straight quarters in 2020, even as a handful of industries showed the ability to withstand the effects of pandemic.

Office
JLL touts new lease, renewal at Woodcliff Lake office building

Western Union has committed to more than 10,000 square feet at a Woodcliff Lake office building, in one of two newly announced transactions by JLL.

Office
CBRE named leasing agent at new-look Vision building in Morristown

Vision Real Estate Partners has tapped CBRE as its leasing agent at a newly renovated, well-known office building in downtown Morristown.

Office
C&W inks 20,000 sq. ft. extension at Princeton-area office building

A financial services firm has signed a 20,000-square-foot lease extension at a West Windsor office building, brokers with Cushman & Wakefield announced Monday.