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
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.

Office
Point-of-sale software firm signs 9,200 sq. ft. renewal in Pearl River, NAI Hanson says

A software company has renewed its lease for more than 9,000 square feet at a sprawling office park just outside northern New Jersey, the site of its headquarters for more than 15 years. 

Office
Newmark named leasing agent at Newark’s 80 Park Plaza

An ownership group has tapped Newmark as its leasing agent at a well-known, 973,000-square-foot office building in downtown Newark.

Office
Birch Group buys Princeton-area office buildings for $47 million, expanding portfolio

An investment firm has added to its collection of high-end suburban office buildings in New Jersey, acquiring a two-building, 213,000-square-foot portfolio in the Princeton submarket.

Office
Lighting, medical tech companies lease 47,000 sq. ft. at Bridgewater campus

A lighting company has leased nearly 29,000 square feet at a Bridgewater office campus, in the larger of two newly announced transactions by Avison Young.

Office
Dartcor, longtime leader in corporate dining, will play key role in return-to-work plans

Based in Morris County, Dartcor offers high-end cafeteria menus, grab-and-go markets, pantries and coffee options for office buildings in the region. And, with a return to work on the horizon for many businesses, its services could be as important as ever.

Industrial
Tulfra secures 3,300 sq. ft. lease expansion at Whippany flex property

Tulfra Real Estate has completed a new lease expansion with a tenant at a 57,000-square-foot commercial property in Morris County, the firm announced Friday.

Hospitality & Tourism
Prism wins key approval to bring Marriott AC, Element Hotel to ON3 campus

Prism Capital Partners has secured final site plan approval to build a 266-room hotel in Clifton, as it looks to further expand the mix of uses at its flagship ON3 campus.

Office
Charter school relocates, leases 35,000 sq. ft. in Newark office building

A charter school has leased 35,000 square feet at an office building in downtown Newark, under a newly announced transaction by Lee & Associates New Jersey.