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.

Professional Services
WCRE names director of property management

Wolf Commercial Real Estate has made another addition to its team, tapping a veteran industry executive as its new director of property management.

Office
Birch Group adds leasing director, associates amid growth of office portfolio

An investment firm has made new hires to support its fast-growing collection of high-end office buildings in New Jersey and elsewhere.

Top News
Kushner Cos. taps familiar faces as newest CEO, president

Kushner Cos. has a new CEO and president after elevating two of its top executives to the roles.

Office
Towing company leases 1,500 sq. ft. for dispatch hub in Fair Lawn, NAI Hanson says

A towing company has found a new home for its dispatch center after agreeing to lease more than 1,500 square feet in Fair Lawn, according to brokers with NAI James E. Hanson.

Office
Sanzari, law firm sign 3,100 sq. ft. lease in Hasbrouck Heights

A law firm has found a new home in Hasbrouck Heights, having agreed to lease more than 3,000 square feet of office space from Alfred Sanzari Enterprises.

Professional Services
Consulting firm plays key role in Empire State Building’s green power milestone

A local team is touting its role in helping to bring renewable energy to a series of properties held by the owner of the Empire State Building.

Office
Co-working demand grows in New Jersey, as users seek flexibility amid continued uncertainty

After 18 months doing their jobs from home because of COVID-19, many New Jersey workers are returning to flex and co-working spaces. Operators are responding by adding more private suites to their offerings to make users feel safer from infection — and while they’re keeping a wary eye on COVID’s Delta variant, they’re optimistic about demand, for both the short term and long term.

Office
Nonprofit expands, takes 15,000 sq. ft. in Burlington County, WCRE says

A nonprofit has leased nearly 15,000 square feet of office space in Moorestown, in a newly announced transaction by Wolf Commercial Real Estate.

Health Care & Education
Murphy, industry leaders break ground on 550,000 sq. ft. research campus in New Brunswick

Construction is set to begin on a two-building, 555,000-square-foot research complex in New Brunswick, the future home of the state’s flagship medical school and a place where startups can work side by side with New Jersey’s top health care and academic institutions.

Finance & Capital Markets
JLL inks $30 million loan for buyers of Giralda Farms office building

A joint venture has landed nearly $30 million in financing for its recent purchase of an office building in Madison’s acclaimed Giralda Farm campus, according to brokers with JLL.