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.

Avison Young brokers 380K sq. ft. in leases in Q3

A technology firm has renewed the lease at its headquarters office in Bridgewater, one of more than 20 deals brokered in the third quarter by Avison Young’s New Jersey office.

Hoboken deal is latest partnership for SJP, Japanese developer affiliate

SJP Properties has expanded its partnership with a Japanese real estate giant, selling a majority ownership stake of its newest Hoboken office building to the company’s U.S. investment arm.

Highs, lows of changing N.J. life sciences real estate market

A wave of acquisition and divestment activity is reshaping the life sciences industry — and its real estate needs — resulting in demands for new office space and a surplus of lab inventory. A new report reminds us that New Jersey is seeing many of those changes firsthand.

N.Y. firm eyes 2.3M sq. ft. redevelopment of Newark stadium

A developer has closed on its acquisition of the former Newark Bears baseball stadium in the state’s largest city, paving the way for it to redevelop the site into a sprawling mixed-use neighborhood.

Randolph lot changes hands in NAI Hanson deal

NAI James E. Hanson has brokered the sale of a 1.6-acre lot on Route 10 in Randolph that will become the new home of a landscape and architecture business, the real estate firm said Thursday.

Industry hopefuls meet industry leaders at career seminar

A career seminar hosted by Montclair State University’s Feliciano School of Business connected attendees with real estate industry leaders in several specialties, including brokerage, property management, value-add investing, development and institutional investing.

Hospital operator sells, leases back East Orange building

The parent company of East Orange General Hospital has sold and leased back a 68,000-square-foot building adjacent to the facility, in a deal arranged by Lee & Associates of New Jersey.

Media group inks lease at Cherry Hill office building

A newly formed publishing group is among two tenants to lease space at a Cherry Hill office building, according to commercial real estate firm NAI Mertz.

Office, retail tenants fill new Englewood building

A private school, a well-known cigar maker and a pharmaceutical firm are among the tenants that have brought a new 46,000-square-foot Englewood commercial building to full occupancy.

McNamara, other CRE leaders honored at NAIOP awards dinner

It was a night in which one of the state’s biggest legislative issues in recent memory was in the spotlight, as voters prepare to consider constitutionally dedicated transportation funding.