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.

Leases by accounting firm, consumer goods giant mark auspicious start for revamped Parsippany campus

A joint venture has inked two key leases at a Parsippany office campus, providing a source of momentum as it enters the final stages of a plan to transform the well-known property.

JLL inks sale of two-building office portfolio in Cherry Hill

An institutional investor has sold a two-building, 167,000-square-foot office portfolio in Cherry Hill, under a newly completed transaction by JLL.

CBRE broker promoted to first vice president

A longtime office broker with CBRE’s New Jersey team has earned a promotion to first vice president.

As SIOR chapter president, Vetter looks to expand association’s profile in New Jersey

A veteran broker at NAI James E. Hanson has taken the reins as New Jersey chapter president of the Society of Industrial and Officer Realtors.

Kearny Point developer lands $16.5 million for creative office project

Hugo Neu Group has secured more than $16 million in financing to restore and repurpose another building at its flagship Kearny Point campus in Kearny, where it’s adding some 90,000 square feet to the existing stock of creative office space.

Mack-Cali hits back against would-be buyer, rebuts claims of ‘refusal to engage’

Mack-Cali Realty Corp. is pushing back against one of its former CEOs, who had sought to acquire the company but now claims its board had “no genuine intention” of exploring the deal.

WCRE inks sale of medical office parcel in Mullica Hill

A developer has sold a nearly one-acre parcel in Gloucester County, where plans call for a medical office building that will tap into demand from a new hospital less than a mile away.

Familiar territory

As you’ll read in this month’s cover story, a project aims to revive what should be prime real estate in East Brunswick, one that hugs a highway with daily traffic of 100,000 vehicles.

Hillsborough medical office building sells for $5 million, Marcus says

A private buyer has paid more than $5 million for a 16,250-square-foot office building in Hillsborough, in a newly announced transaction by Marcus & Millichap Capital Corp.

Clothing maker inks new lease with Sanzari, returns to Teaneck campus

A former tenant at the Glenpointe campus in Teaneck has returned to the 50-acre complex, under a newly completed lease with owner and developer Alfred Sanzari Enterprises.