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
Hartz Mountain sells 617,000 sq. ft. office building in Weehawken for $219 million

Hartz Mountain Industries has sold the larger of two buildings at its well-known, 1 million-square-foot office complex in Weehawken, the longtime home of UBS Financial Services.

Office
AY joins biotherapeutics firm to unveil new 10,000 sq. ft. headquarters in West Windsor

A pharmaceutical company has opened its new U.S. headquarters in West Windsor after signing a long-term, 10,000-square-foot lease, according to a brokerage team with Avison Young.

Office
Larken, health care provider complete 12,000 sq. ft. renewal in Parsippany

Larken Associates has negotiated a lease renewal with Saint Clare’s Health for 11,824 square feet of medical office space in Parsippany.

Office
Sanzari, pharma firm sign lease for new workspace at Glenpointe

Alfred Sanzari Enterprises has completed a new lease that will bring a pharmaceutical company to its mixed-use Glenpointe campus in Teaneck.

Office
Wellington Co. inks sale of 75,000 sq. ft. office building in Upper Saddle River

A private investor has acquired a 75,000-square-foot office building at the northern edge of Bergen County, in a newly announced transaction by The Wellington Co. LLC.

Industrial
Russo, Onyx plan 827,000 sq. ft. industrial campus at Novartis site in East Hanover

Russo Development and Onyx Equities have acquired 62 acres at the well-known Novartis campus in East Hanover, with plans to build more than 800,000 square feet of new industrial space in place of what’s now a cluster of vacant office buildings.

Government & Public Policy
EDA: Buyer wanted for 26 acres along Route 1 R&D, education corridor in North Brunswick

The state is seeking a buyer for 26 acres along Route 1 in North Brunswick, touting the parcels’ location in the heart of New Jersey’s research and development corridor.

Office
‘Green’ refrigerant business leases 7,100 sq. ft. in Woodcliff Lake, Arlington Group says

A provider of sustainable refrigerant products has leased more than 7,000 square feet of office space in Woodcliff Lake, in a newly announced deal by The Arlington Group.

Policy Page
New Jersey has many blessings to count

As we come to the end of another challenging year, it’s a good time to reflect on the many blessings New Jersey can count.

Office
Deluccia inks sale of development site for Bridgewater medical office building

A developer has acquired a property in Bridgewater that’s now slated to become a new 43,000-square-foot medical office building, in a deal arranged by Deluccia Commercial Group.