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.

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.

Office
Global financial firm renews for 16,600 sq. ft. at Jersey City office tower, C&W says

A global financial services firm has signed a nearly 17,000-square-foot renewal along the Hudson waterfront in Jersey City, brokers with Cushman & Wakefield said Friday.

Office
Seven tenants combine for 9,000 sq. ft. at Pennington office properties, CPN says

Four new tenants are coming to a Mercer County office complex after a series of recently completed transactions by Commercial Property Network Inc.

Office
Investor adds 1,400 sq. ft. office condo in Burlington County, Vantage Commercial says

An investor has added to its holdings in southern New Jersey with the addition of an office condominium in Medford, according to brokers with Vantage Commercial.

Industrial
CBRE: Rockaway industrial building sells for $20 million, with Party City set to depart

An investor has purchased a Rockaway industrial building that has served as office space in recent years but will now go back to its original use, brokers with CBRE announced.

People
Avison Young taps new managing director, principal for U.S. project management services

Avison Young has named a new managing director and principal to help guide the ongoing expansion of its project management team.

Office
Lee & Associates New Jersey inks sale of boutique office sites in Morristown, Chatham

The site of a planned boutique office building in downtown Morristown has changed hands for $1.7 million, in one of several newly announced transactions by Lee & Associates New Jersey.