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.

Buyer wanted for 22,000 sq. ft. fraternal organization HQ in Bordentown, Fennelly says

A fraternal organization is seeking a buyer for its 22,000-square-foot headquarters building in Bordentown, in a newly announced offering by NAI Fennelly.

ASE, spine and joint center ink 5,500 sq. ft. renewal in Hasbrouck Heights

Alfred Sanzari Enterprises has negotiated a lease renewal for 5,466 square feet of medical office space with the Spine and Joint Center at Heights Plaza at 777 Terrace Ave. in Hasbrouck Heights.

EDA now taking applications for new Aspire gap financing program

The state’s Economic Development Authority is now accepting applications for Aspire, its new place-based gap financing program for commercial and residential projects.

Kennedy Funding moves to new headquarters in Englewood

Kennedy Funding, the longtime direct private lender, has moved to a new and expanded headquarters in Bergen County as it prepares for additional growth.

Fidelco, youth mentoring agency sign 4,000 sq. ft. lease at Newark office tower

A youth mentoring organization is moving to a well-known Newark office tower after inking a lease with The Fidelco Group, the owner of the historic building.

Jumping in

Call me provincial, but I’m always fascinated these days when I hear that an established investor, developer or retailer that operates nationally is only now finding its way into the New Jersey market. With our labor pool, our consumer base and the all-important draw of being a discount from New York City, one can’t help but wonder what took them so long in the first place — especially in an expansion that goes back more than a decade.

Prism acquires 40,000 sq. ft. ex-bank headquarters in Rutherford, C&W says

Prism Capital Partners is set to reposition a former bank headquarters in downtown Rutherford after acquiring the 40,000-square-foot building, in a deal arranged by Cushman & Wakefield.

Avison Young acquires workplace design firm Studio Eagle, adding 30-plus N.J. team members

Avison Young has acquired Studio Eagle, a Springfield-based design and workplace planning firm, marking a major addition to its New Jersey project management platform.

How Devco does it: Inside $1.5 billion pipeline — and decades of high-profile New Jersey projects

New Brunswick Development Corp. is forging ahead after a year in which it broke ground on more than $1.5 billion worth of projects — a milestone that’s all the more notable for a team that never does the same project twice.

Redevelopment trends: New York tristate’s redevelopment in turmoil

Redevelopment activity in the New York Tristate Region is searching for direction. Post-pandemic, there is pressure to redefine business, retail and residential redevelopment programs. The revised target forces everyone to take a longer look and a broader view of the various impacts this redefinition may bring.