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
Birch Group acquires Long Island office campus from Onyx, DRA for $212 million

The Birch Group has made another major addition to its suburban office holdings in the region, acquiring a prominent two-building campus on Long Island for $212 million.

Deals
CBRE: ETS office, industrial building in Ewing trades for $19 million

Educational Testing Service has sold a 310,000-square-foot office and industrial building in Ewing for nearly $19 million, brokers with CBRE announced Tuesday.

Office
Longtime New Jersey office broker returns to CBRE

A veteran broker in the region has returned to CBRE after more than 15 years, joining the firm as a senior vice president in its occupier group.

Office
Bell Works to become headquarters, studio hub for 24-hour sports gaming network

Somerset Development has landed another tenant at its Bell Works property in Holmdel after signing a long-term lease with the operator of a 24-hour sports gaming network.

Office
Veteran broker joins NAI Hanson office leasing team

NAI James E. Hanson has expanded its New Jersey office leasing team with the hiring of a longtime broker in the space, the Teterboro-based firm announced.

Office
C&W: Hampshire sells Metropark office building, adding to buyer’s growing portfolio

An investment firm has added yet another high-end office building in the Metropark submarket, acquiring a 110,000-square-foot property from an affiliate of The Hampshire Cos.

Retail
Dumont retail, office property trades for $5.9 million

A private investor has paid nearly $6 million to acquire a retail and office property in Bergen County, according to a brokerage team with Marcus & Millichap.

Finance & Capital Markets
Landlord inks $18 million loan for tristate retail, office portfolio, Meridian says

The owner of a retail and office portfolio in New Jersey and New York City has secured $18 million in financing for the properties, under a deal arranged by Meridian Capital Group.

Office
REIT selling 675,000 sq. ft. Sanofi campus in Bridgewater for $261 million

A real estate investment trust is selling the nearly 675,000-square-foot Sanofi U.S. headquarters campus in Bridgewater for $261 million, in a move that comes as part of its pivot toward a large-scale, necessity-based retail portfolio.

Office
MDC sells 227,000 sq. ft. Hackensack office building, C&W says

Mountain Development Corp. has sold a nearly 227,000-square-foot office building in Hackensack, in a transaction arranged by Cushman & Wakefield.