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
Partnership sells 431,000 sq. ft. Jersey City office building for $300 million

A joint venture has reaped $300 million from its sale of a nearly 432,000-square-foot office building in Jersey City, under a deal announced Monday by Cushman & Wakefield.

Office
Fairfield office building trades for $7.2 million, C&W says

An investor has acquired a 104,000-square-foot office building in Fairfield for nearly $7.2 million, in a newly announced transaction by Cushman & Wakefield.

Government & Public Policy
EDA takes first step toward launching tax credit for reviving historic buildings

State officials have approved a set of proposed guidelines for a new incentive program to support the restoration of New Jersey’s historic buildings and neighborhoods.

Office
Diversified: Montville office building at full occupancy after lease with marketing firm

A marketing agency has leased 750 square feet at a Montville office building owned by Diversified Properties, the commercial real estate firm announced Wednesday.

Professional Services
DMR taps Kapoor as first-ever COO among six new promotions

DMR Architects has named its first-ever chief operating officer alongside five other promotions within its Hasbrouck Heights-based team of more than 40.

Office
Ware Malcomb touts design, build-out of engineering firm’s new office in Newark

Ware Malcomb is marking the completion of a new 30,000-square-foot office space in Newark that it designed on behalf of an engineering firm.

People
JDA Group names vice president of operations after latest promotion

JDA Group LLC has announced another promotion on its Hoboken-based team, tapping a property manager as its new vice president of operations.

Deals
Somerset County commercial, apartment building sells for $332,000, Sheldon Gross says

An office and apartment building in Manville has changed hands for $332,000, in a deal arranged by brokers with Sheldon Gross Realty.

Office
C&W: Pentaurus adds 76,000 sq. ft. Morris County office building for $9.7 million

An investment firm is set to begin renovations at a Morris County office building after purchasing the property for more than $9.7 million, in a deal arranged by Cushman & Wakefield.

Office
Newmark: Biotech firm extends amid nearly 60,000 sq. ft. in leasing at Iselin office park

A biotechnology firm with offices in Woodbridge has expanded its lease to nearly 28,000 square feet, in the largest of several newly completed deals by Newmark.