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.

Professional Services
Newmark adds to New Jersey team as part of corporate services platform expansion

Newmark has made five new additions to a team that supports corporate tenants, including a recent hire in its New Jersey office.

Office
Pharma, clinical trial company takes 2,200 sq. ft. in Cherry Hill

A life sciences company has leased nearly 2,200 square feet of medical office space in Cherry Hill, under a newly announced transaction by Vantage Commercial.

Office
Valley Bank, CSG each take nearly 120,000 sq. ft. as office leasing rebounds, Newmark says

Office leasing in northern New Jersey hit a two-year high at the end of 2021, thanks in part to large-scale deals by prominent banking and law firm tenants in the state.

Health Care & Education
Thomas Park buys Princeton multispecialty medical office building

Colliers has negotiated the sale of a 30,000-square-foot medical office property in Princeton in partnership with Commercial Property Network Inc.

Office
Larken, human services agency ink renewal at Branchburg Commons

Larken Associates has negotiated a 4,109-square-foot lease renewal with Benchmark Human Services at Branchburg Commons at 3322 Route 22 West in Branchburg.

Health Care & Education
NAI Fennelly: Lab user buys Monmouth Junction flex building for $5.6 million

Brokerage firm NAI Fennelly has negotiated the sale of a 58,000-square-foot flex building at 68 Culver Road in the Monmouth Junction section of South Brunswick for $5.575 million.

Office
Garibaldi: Law firm takes 6,000 sq. ft. at KRE-owned building in Chatham

A law firm is moving to downtown Chatham after inking a nearly 6,000-square-foot lease with Kushner Real Estate Group, in a newly announced transaction by The Garibaldi Group.

Health Care & Education
Dermatology, orthopedic groups sign leases at Plainsboro medical arts complex

Colliers has secured two leases totaling more than 9,000 square feet at Penn Medicine Princeton Medical Center’s Medical Arts Pavilion in Plainsboro.

Office
Birch Group acquires Long Island office campus from Onyx, DRA for $212 million

The Birch Group has made another major addition to its suburban office holdings in the region, acquiring a prominent two-building campus on Long Island for $212 million.

Deals
CBRE: ETS office, industrial building in Ewing trades for $19 million

Educational Testing Service has sold a 310,000-square-foot office and industrial building in Ewing for nearly $19 million, brokers with CBRE announced Tuesday.