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
NYL sells two-building Bedminster office complex, JLL says

New York Life Real Estate Investors has sold a two-building, 194,000-square-foot office complex in Bedminster, in a newly announced transaction by JLL.

Office
KBS, Newmark Knight Frank marketing Woodbridge office campus for sale

KBS is seeking a buyer for a six-building, 630,000-square-foot office complex in Woodbridge, according to the private equity real estate firm and brokers with Newmark Knight Frank.

Office
Brother International renews 102,000 sq. ft. headquarters lease in Bridgewater, JLL says

Brother International Corp. has extended its lease for more than 100,000 square feet at a Bridgewater office building, under a newly announced transaction by JLL.

People
Denholtz adds first-ever director of development among newest hires

Denholtz Properties has bolstered its in-house development and construction teams with three new hires, as it looks to manage and grow its pipeline of projects in the region.

Office
SJP, Scotto eye groundbreaking after sealing approvals for Morristown office project

A development that will transform a stretch of downtown Morristown — bringing 340,000 square feet of high-end office space and new public plazas — is set to break ground in the coming months after securing final approvals from the municipality.

Finance & Capital Markets
JLL taps Klein as co-head of New Jersey capital markets group

JLL has named a new co-head of its New Jersey capital markets team, tapping a veteran broker to oversee the firm’s debt and equity placement business in the region.

Office
Parsippany: P3 Properties taps C&W as leasing agent for 550,000 sq. ft. campus

The new owner of a prominent two-building, 550,000-square-foot office complex in Parsippany has picked Cushman & Wakefield as its leasing agent.

Office
Camden County office building sells for $400,000

An investment group has acquired a 5,400-square-foot commercial property in Camden County, under a newly completed transaction by Markeim Chalmers Inc.

Professional Services
Donnelly unveils UV lighting service for sanitizing commercial buildings

A unit of Wayne-based Donnelly Construction is expanding its services with the addition of ultraviolet lighting solutions for commercial real estate owners.

Office
Merck spinoff taking 110,000 sq. ft. at Goldman Sachs tower in Jersey City

A new Merck & Co. spinoff is moving to the Goldman Sachs tower in Jersey City, where it’s reportedly set to occupy 110,000 square feet for its global headquarters.