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
Bergman acquires 237,000 sq. ft. Giralda Farms office building in Madison

Bergman Real Estate Group has added to its suburban office holdings in the state, acquiring a piece of the well-known Giralda Farms corporate campus in Madison.

Office
Altera, Avison Young detail plans to overhaul 70,000 sq. ft. office building in West Orange

An investment firm has unveiled plans to modernize a 70,000-square-foot medical office building in West Orange, in a newly announced project by Avison Young’s New Jersey team.

Office
Newmark: Health care, business litigation law firm expands to 18,000 sq. ft. in Paramus

A law firm is relocating and expanding to more than 18,000 square feet inside a Paramus office building, under a newly announced transaction by Newmark.

Finance & Capital Markets
NAI DiLeo-Bram: Northern, central New Jersey investment sales bounce back in first half

Investment sales in a five-county swath of New Jersey rebounded in the first half of 2021, thanks to major deals in the industrial and office sectors and incremental growth in retail transactions.

Office
Rose Commercial inks sale of 6,200 sq. ft. office building in Cherry Hill among latest deals

A law practice has acquired a Cherry Hill office building for $900,000, in one of three newly announced transactions by Rose Commercial Real Estate.

Office
NAI DiLeo-Bram inks office building sales in Cranford, Union

A veterinary practice has purchased a 2,800-square-foot office building in Cranford, in one of two newly announced deals by NAI DiLeo-Bram & Co.

Office
Connell debuts bike share program at sprawling Berkeley Heights business campus

The Connell Co. has launched a new bike share program at its flagship business campus in Berkeley Heights, the latest piece of its plan to revamp the 185-acre property.

Finance & Capital Markets
Citizens to acquire Investors Bancorp for $3.5 billion

Citizens Financial Group Inc. has agreed to acquire Investors Bancorp Inc., the Short Hills-based lender and a major player in recent years in New Jersey commercial real estate finance.

Office
New 72,000 sq. ft. flexible workspace offering coming to Bell Works

Somerset Development is seeking to lure medium-sized businesses to its Bell Works complex, unveiling plans to create 72,000 square feet of flexible workspace at the Holmdel property.

Finance & Capital Markets
Red Bank: JLL sources $11 million loan for Denholtz-owned office buildings

Denholtz Properties has secured more than $11 million to refinance a two-building office portfolio in Red Bank, in a newly announced transaction by JLL.