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
Mack-Cali sells 155,000 sq. ft. office building in Parsippany

Mack-Cali Realty Corp. has sold another Parsippany office building, this time for nearly $13 million, as it continues its exit from New Jersey’s suburban markets.

People
Saxum announces five new hires amid growing development pipeline

Saxum Real Estate has announced five new hires to help support the firm’s ongoing growth in New Jersey and nationally.

Professional Services
PS&S details new Warren headquarters, COVID safety strategy

Professional services firm PS&S has unveiled its new headquarters in Warren, where it has created a safe, socially distant setting with the flexibility to respond to the evolving health crisis.

Office
Bell Works unveils new and improved, 25,000 sq. ft. co-working space in Holmdel (SLIDESHOW)

Somerset Development has opened the doors to a newly expanded and upgraded co-working space at Bell Works, its massive indoor office and retail campus in Holmdel.

Office
Rochelle Park office building trades for $7.2 million, Wellington says

The longtime owner of a 65,000-square-foot office building in Rochelle Park has sold the property for more than $7 million, in a deal arranged by The Wellington Co. LLC.

Health Care & Education
Cherry Hill medical office building adds fourth tenant in 12 months

A new tenant is coming to a medical office building on Route 70 in Cherry Hill, following a transaction arranged by brokers with Vantage Commercial.

Health Care & Education
‘The Hub’ in New Brunswick eyes groundbreaking with higher ed, health care partners in tow

The first piece of a long-awaited research, business and retail campus in downtown New Brunswick is slated to break ground next summer after securing commitments from four of the state’s largest institutions in health care and higher education.

Office
Two new leases bring Morristown office building to full occupancy, Transwestern says

A boutique office building in Morristown has reached full occupancy after the completion of two long-term leases by Transwestern Real Estate Services.

Office
Sanzari announces promotion to support leasing, marketing team

Alfred Sanzari Enterprises has bolstered its leasing team with a promotion of one of its recent hires.

Finance & Capital Markets
Joint venture secures $30 million acquisition loan for Florham Park office building, JLL says

The recent buyers of a nearly 230,000-square-foot office building in Florham Park have landed $30 million in financing, according to brokers who arranged the transaction.