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
NAI Hanson: Legal services firm relocating, taking 13,000 sq. ft. at Paterson office tower

A law practice is on the move in Paterson after leasing nearly 13,000 square feet at a prominent office building in the city, in a transaction arranged by NAI James E. Hanson.

Office
JLL: Makeup brand, financial adviser ink leases at new Montvale office building

A new boutique office building in Montvale has attracted two more tenants, marking the latest additions to a mixed-use development by The S. Hekemian Group.

People
Prism names vice president of construction amid growing pipeline

Prism Capital Partners has added a vice president of construction to support its growing pipeline of ground-up projects.

Office
Rutgers buys 3,700 sq. ft. office building in downtown Newark, NAI Hanson says

Rutgers University has acquired a 3,700-square-foot office building in downtown Newark, under a newly announced transaction by NAI James E. Hanson.

Government & Public Policy
Insiders see growing (but measured) demand for new, more targeted state incentive program

With the recent approval of the first awards under Emerge, the state’s new jobs-based tax incentive program, officials and other insiders expect to see a measured pace of applications for a subsidy that was designed to be more discerning and targeted than its predecessor.

People
Casiello joins ACDevco board of directors

A local resident and well-known commercial real estate professional has joined the board of ACDevco, the nonprofit developer focused on key projects in Atlantic City.

Government & Public Policy
Developer plans 75 apartments, entertainment space at historic Fort Monmouth complex

A developer has purchased 20 acres at Fort Monmouth, with plans to convert a series of historic buildings to create 75 apartments and new commercial and entertainment space.

Health Care & Education
C&W inks $3.6 million sale of Englewood medical office building

A private investor has acquired a nearly 16,000-square-foot medical office building in Englewood, under a newly announced deal by Cushman & Wakefield.

Office
South Korean airline taking 2,500 sq. ft. at Sanzari-owned campus in Teaneck

Alfred Sanzari Enterprises has attracted a new tenant to its Glenpointe campus in Teaneck, securing a lease for more than 2,500 square feet with a South Korean airline.

Office
Report: Amazon, Mack-Cali nearing 400,000 sq. ft. office lease in Jersey City

Amazon and Mack-Cali Realty Corp. are reportedly close to inking a 400,000-square-foot office lease in Jersey City, in a potential blockbuster deal for the real estate investment trust and its flagship Harborside complex along the Hudson waterfront.