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.

Government & Public Policy
Westfield OKs changes to closely watched plan for new office, residential buildings downtown

A high-profile redevelopment project in Westfield is moving ahead with key changes, following the town’s approval of a plan that now includes nearly 200,000 square feet of office space, 205 residential units and a series of public improvements and new green spaces downtown.

Health Care
West Orange medical office building trades for $2.5 million, NAI Hanson says

An investor has sold a 10,000-square-foot medical office building in West Orange for $2.5 million, brokers with NAI James E. Hanson announced Thursday.

Retail
Historic retail, office building in downtown Somerville trades for $2.7 million, Kislak says

A historic 45,000-square-foot commercial building in downtown Somerville has changed hands for nearly $2.7 million, according to a brokerage team with The Kislak Co. Inc.

Office
Deluccia: Financial planning firm leases 5,000 sq. ft. at CenterPointe at Bridgewater

A financial planning firm has taken nearly 5,000 square feet of office space at Bridgewater’s CenterPointe campus, brokerage firm Deluccia Commercial Group announced Tuesday.

Office
Morristown remains front and center as companies vie for talent by transforming their real estate

Morristown has become a focal point as blue-chip companies make major real estate investments to help fortify and energize their workforces, which was on full display and is poised to continue with the recent opening of Sanofi’s new $130 million, 260,000-square-foot office building.

Office
C&W: Silverman Group sells Florham Park medical office building for $7.8 million

The Silverman Group has sold a nearly 20,000-square-foot medical office building in Florham Park for $7.8 million, brokers with Cushman & Wakefield announced last week.

Health Care
Investor buys 28,000 sq. ft. Eatontown medical office building for $8 million, Marcus says

An investor has acquired a nearly 28,000-square-foot medical office property in Eatontown for some $8 million, in a newly announced deal by Marcus & Millichap.

Professional Services
Diversified expands property management unit to serve third-party owners

Diversified Properties LLC has launched a third-party property management division, seeking to leverage its in-house team and experience for clients across a range of asset classes.

Office
Inspiring innovation: Sanofi unveils vibrant new flagship office at Morristown’s M Station

Sanofi welcomed Gov. Phil Murphy and other public officials on Thursday to showcase its new 260,000-square-foot flagship office at Morristown’s M Station campus, the result of a $130 million investment to help the global health care company attract and retain talent.

Professional Services
Inside Wiss’ growth beyond a traditional accounting firm — with an office to match

Wiss has more than doubled its physical footprint in recent years, supporting a growing platform of business advisory services for many of New Jersey’s top developers and other clients.