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.

Health Care & Education

Thor Equities, RWJBarnabas sign first lease at new-look Jersey City building

Thor Equities Group has inked its first deal at a repurposed life sciences building in Jersey City, securing an 11,000-square-foot lease with the state’s largest hospital network.

Fidelco set to revive Newark office tower, in firm’s latest project in downtown neighborhood

Fidelco Realty Group is revitalizing a well-known office tower in downtown Newark at a cost of more than $30 million, with plans that include a sweeping physical upgrade, the addition of a new bar and restaurant and the creation of flexible workspace to serve technology startups. — All renderings courtesy: Fidelco/Perkins Eastman

Chilmark: Engineering firm leases 29,000 sq. ft. in Parsippany

An engineering firm has taken nearly 29,000 square feet of office space in Parsippany, in a newly announced deal by Chilmark Real Estate Services.

Rockaway commercial building trades for $3.9 million, Charity Realty says

A commercial building in Morris County has changed hands for the first time in 30 years, according to a brokerage team with Charity Realty International.

CBRE: Pipeline for office conversions on the rise in New Jersey, exceeding 8.6 million sq. ft.

Developers are on track to remove nearly 9 million square feet of obsolete office space in New Jersey, as they repurpose the sites with in-demand uses such as industrial and apartments.

Larken brings speaking agency to Branchburg office building

Larken Associates is set to welcome a new tenant to a Branchburg office building, having leased more than 1,300 square feet to an agency that represents prominent public speakers.

Health Care & Education

Doctor buys 1,200 sq. ft. office condo in Mahwah, NAI Hanson says

A physician has found a new home for her practice after purchasing a medical office condominium in Mahwah, according to brokers with NAI James E. Hanson.

Solar company takes 9,000 sq. ft. in Jersey City office deal, C&W says

A solar energy company has leased more than 9,000 square feet of office space in Jersey City, in a newly announced transaction by Cushman & Wakefield.

New Jersey office market shows ‘early signs’ of recovery in Q3, Collier says

The state’s office market took modest steps toward a recovery in the third quarter, as the pace of new listings slowed and as renewals helped sustain leasing activity in many locations.

Professional Services

Avison Young bolsters New Jersey project, construction management groups

Avison Young has announced two new hires on its New Jersey project and construction management teams.