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
Signature Acquisitions details lease with Party City at 209,000 sq. ft. Woodcliff Lake building

The owner of a Woodcliff Lake office building has detailed its new lease with Party City’s parent company, which will bring its headquarters to the property in 2022.

Office
Sanzari inks new lease, renewal at Hackensack office complex

Alfred Sanzari Enterprises has signed a lease with Star Hill Financial for 1,771 square feet and a lease renewal with Business Solution Providers for 1,050 square feet, both at Court Plaza in downtown Hackensack.

Top News
Developer names national leasing director for 400-acre ‘Riverton’ project in Sayreville

The developer seeking to build a $2.5 billion, mixed-use destination at a long-dormant site in Sayreville has tapped a veteran real estate executive to lead its leasing efforts at the site.

Professional Services
Colliers touts new hires for New Jersey leasing, investment sales teams

Colliers has named Charles Calvert as a managing director in its fast-growing Princeton office, the real estate services firm announced Tuesday.

Government & Public Policy
State eyes sale, redevelopment of 230,000 sq. ft. office building in downtown Trenton

State officials are seeking a buyer to revitalize the 10-story, 230,000-square-foot office building in downtown Trenton that was the longtime home of New Jersey’s Division of Taxation.

Office
Developer moving from Brooklyn to Englewood Cliffs office building, NAI Hanson says

NAI James E. Hanson has negotiated a lease for 1,440 square feet of office space in Englewood Cliffs for Prime Equity Real Estate.

Professional Services
DMR eyes continued growth, pipeline diversity as design firm marks 30th anniversary

Three decades after its founding, DMR Architects has grown into a robust, multidisciplinary practice serving education, multifamily, health care and other public- and private-sector clients — with a pipeline valued at more than $1 billion.

Office
Ripco: Buyer wanted for net-leased, 138,000 sq. ft. property in Eatontown

A nearly 140,000-square-foot commercial property in Eatontown is on the market for sale, with the potential to command offers of more than $40 million.

Health Care & Education
LEG, biotech firm complete deal for 42 acres at massive Hopewell life sciences campus

Lincoln Equities Group will soon welcome another user to its sprawling life sciences campus in Hopewell, having sold a 42-acre portion of the property to a global biotech company.

People
Diversified Properties names new chief financial, operations officer

Diversified Properties, a Montville-based commercial and residential real estate developer, has named Greg Adami as its chief financial officer and chief operations officer.