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
Larken Associates, speech language center negotiate expansion in Princeton area

Larken Associates has negotiated an 830-square-foot lease expansion with Princeton Speech-Language & Learning Center at its Montgomery Commons office complex near Princeton.

Office
Bergman, Time Equities score coveted BOMA award for Parsippany office campus

The owners of a three-building, 280,000-square-foot office campus in Parsippany have earned a prestigious industry recognition for their management of the property.

Government & Public Policy
Industrial builders flock to Franklin after zoning change, bringing new life to aging office sites

Franklin Township has more than 4 million square feet of industrial space in its development pipeline — most of it in the town’s well-known Somerset section — with a growing list of projects that call for razing and repurposing the sites of outdated office buildings.

Professional Services
Kimmerle touts four recent hires on project, marketing teams

Kimmerle Group has made four new hires in recent months as part of an ongoing expansion of its design, real estate, planning, development and branding practice.

Office
Biotech, insurance firms combine for 12,000 sq. ft. at Warren office building

A life sciences company and an insurance firm have joined the tenant roster of a 107,000-square-foot office building in Warren, in a set of newly completed deals by Newmark.

Professional Services
CBRE’s Babikian promoted to vice chairman, firm’s highest rank for brokers

CBRE has promoted veteran broker Jeffrey C. Babikian to vice chairman, marking the first time that an office leasing professional in New Jersey has achieved the title with the firm.

Office
C&W: Investor buys Princeton-area medical office building for $8 million

An investor has purchased a roughly 25,000-square-foot medical office building in West Windsor for $8 million, in a newly announced deal by Cushman & Wakefield.

Policy Page
Labor force challenges: An intense and growing concern

Fortunately for New Jersey, international migration of the foreign-born is countering the outflow of our domestic population. This trend, however, should not be taken for granted, as immigrants are now heading to other gateways. It is crucial for our economic competitiveness that New Jersey maintain its historic attractiveness for these international arrivals.

Professional Services
Avison Young eyes ‘model of the future’ for project management services, workplace design

Real estate services firm Avison Young is planning a major expansion of its project management platform in New Jersey and nationally after acquiring Studio Eagle, a Springfield-based design and workplace planning firm.

Professional Services
Rock Brook announces new vice president, associate director after recent promotions

The Rock Brook Consulting Group has promoted two veteran members of its engineering team.