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.

Retail
JLL: Daycare, preschool center leases 14,000 sq. ft. at Hoboken office building

A new daycare and preschool center is coming to the base of a well-known office complex in downtown Hoboken, in a newly announced transaction by JLL.

Office
Mack-Cali selling Jersey City office tower to Birch Group for $380 million

Mack-Cali Realty Corp. has agreed to sell a 42-story, 1.2 million-square-foot office tower in Jersey City to The Birch Group, reportedly for $380 million.

Office
Newmark inks sale of two-building, 140,000 sq. ft. portfolio at repositioned Warren campus

A joint venture has sold a pair of multipurpose commercial buildings in Warren, marking its latest transaction at a renovated and rebranded campus near Interstate 78.

Government & Public Policy
Passaic County, eyeing reuse of Toys R Us campus, among eight to receive EDA grants

The state is helping to jumpstart efforts to repurpose the sprawling former Toys R Us campus in Wayne, thanks to one of eight newly approved grants by the Economic Development Authority.

Office
EDA: Party City would lease 209,000 sq. ft. in Woodcliff Lake with help of Emerge incentive

State officials have approved a nearly $10 million tax credit that would pave the way for Party City Holdings Inc. to lease more than 200,000 square feet of office space in Woodcliff Lake.

Office
Lee & Associates New Jersey relocates, expands Morris County office

Lee & Associates New Jersey has opened the doors to a new, larger office in Morris County, following its recent hiring of a seven-member team in the region.

Office
Consulting firm acquires 4,200 sq. ft. Cherry Hill office building

A health care consulting firm has acquired a 4,200-square-foot office building in Cherry Hill, under a deal arranged by Vantage Commercial.

Industrial
Developers plan 426,000 sq. ft. industrial campus after buying Somerset office property

A joint venture has acquired an office building and adjacent land in Franklin Township, with plans to redevelop the site as a two-building, 426,000-square-foot industrial campus.

People
Denholtz expands construction, finance teams with five new hires

Denholtz Properties has announced five new hires, with an eye toward bolstering its internal construction and finance teams in the wake of the pandemic.

Office
Vision, Birch Group tap Garibaldi as leasing agent for Florham Park office building

A joint venture has appointed The Garibaldi Group as its leasing team for a newly acquired, 220,000-square-foot office building in Florham Park.