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.

Finance & Capital Markets
JLL: Owner of 80,000 sq. ft. Eatontown office building refis for $9 million

The owner of an office building in Monmouth County has refinanced the property for $9 million, under a newly announced transaction by JLL.

Office
Residential brokerage leases 5,600 sq. ft. in Cherry Hill, Vantage Commercial says

A residential real estate brokerage has leased more than 5,600 square feet of office space in Cherry Hill, in a deal arranged by Vantage Commercial.

Residential & Mixed Use
With return to work on the horizon, apartments in transit hubs show signs of a rebound

A return to the office could help bring commuters back to urban employment hubs such as Manhattan, lifting the market for transit-centric apartments in northern New Jersey.

Office
Developer opens newly expanded co-working space at Hoboken office building

A developer has unveiled a new co-working space in Hoboken after completing an extensive renovation and rebranding of an 80,000-square-foot office building in the city.

Office
Tech firm opens new regional headquarters at Bell Works as part of recent renewal, expansion

A technology firm has established a new regional headquarters at the Bell Works campus in Holmdel as part of a recent expansion to 35,000 square feet at the property.

Government & Public Policy
Jersey City outlines enhanced high-rise inspections in wake of deadly collapse in Florida

Jersey City Mayor Steven Fulop has unveiled legislation to strengthen inspections requirements for high-rise buildings in the city, citing the recent deadly collapse of a condo tower in South Florida and the concerns of residents in his own municipality.

Finance & Capital Markets
Kennedy Funding inks $3.5 million loan for mixed-use project in San Antonio

Kennedy Funding has closed a nearly $3.5 million land loan to the developer of a large mixed-use project in downtown San Antonio.

Office
Newmark: Availability grows in North Jersey office market, despite improved outlook

The amount of available office space in New Jersey grew further in the second quarter, despite leases by technology and life sciences tenants and signs of improvement on the horizon.

Office
WCRE: Legal aid nonprofit renews, expands for 6,500 sq. ft. in Freehold

A legal aid organization has renewed and expanded its lease at a Freehold office building, under a newly announced deal by Wolf Commercial Real Estate.

Health Care & Education
Demand for lab space still strong in New Jersey, fueling rent growth but little new construction

Continued demand for life sciences space in New Jersey and other top markets has fueled an uptick in rental rates over the past year, according to a new report by CBRE.