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
Madison closes loans for Short Hills, North Bergen properties

A private equity firm has expanded its reach in the New Jersey commercial real estate sector, announcing a $35 million loan for a two-building office portfolio in Essex County.

Office
Sports betting exchange platform takes 8,800 sq. ft. in Camden, WCRE says

A sports betting and trading firm has leased nearly 8,800 square feet of office space in Camden, under a newly announced transaction by Wolf Commercial Real Estate.

Office
Newmark: Craft, activity kit provider renews 46,000 sq. ft. lease at Warren campus

A purveyor of children’s crafts and activity kits has renewed its full-building lease at a nearly 46,000-square-foot building in Warren, according to a brokerage team with Newmark.

Office
Corporate dining firm inks partnership to provide contactless amenity services

A locally based corporate dining services provider has secured a new partnership with a company that offers contactless buying platforms in commercial and residential locations.

Events
NAIOP New Jersey unveils deal of the year finalists for industrial, office projects

NAIOP New Jersey has announced seven finalists for its coveted Deal of the Year honors, with plans to unveil the winners at its annual awards gala slated for early October.

Professional Services
C&W taps Bronsnick as managing principal, market leader in New Jersey

Cushman & Wakefield has hired veteran commercial real estate executive Peter Bronsnick as its market leader in the Garden State.

People
Hampshire deepens leadership team with new promotions

The Hampshire Cos. has promoted a dozen employees, continuing its efforts to foster professional development from within the organization.

Office
Atlantic Health inks extension, expansion for 533,000 sq. ft. Morristown campus

Atlantic Health System has signed an extension and expansion for more than 530,000 square feet at a three-building campus in Morristown, in a deal arranged by Colliers International.

Office
Snack maker opens 111,000 sq. ft. headquarters at ex-Hertz site in Park Ridge

The company behind Welch’s Fruit Snacks, Sun-Maid raisins and other brands has opened its new 111,000-square-foot headquarters in Park Ridge, bringing new life to the former longtime home of the Hertz Corp. after the rental car company’s high-profile departure in 2015.

Office
Panel: Interest in office space picking up as employers mull re-entry plans, hybrid schedules

Employers are hoping to find a middle ground as they determine how best to bring workers back to the office. While that strategy is still taking shape, occupiers have already begun to weigh their post-pandemic options in places such as Jersey City, driving an uptick in building tours and the prospect of new leasing activity.