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.

Professional Services
JLL adds senior vice president to New Jersey office brokerage team

JLL has made another addition to its New Jersey team, announcing the hiring of a well-known office leasing professional.

Office
Parsippany office complex trades for $10.5 million, Kislak says

A private investor has sold a four-building, 126,000-square-foot office complex in Parsippany for $10.5 million, in a deal arranged by The Kislak Co. Inc.

Office
Investment firm continues push into New Jersey suburbs, eyes return to high-end office buildings

With nearly a dozen acquisitions and more than $750 million in combined investment — all since spring 2018 — The Birch Group is exceedingly bullish on northern New Jersey’s office market and the expected return to work in top-tier locations.

Office
JLL named leasing agent at five-story, 216,000 sq. ft. office building in Union

A joint venture has tapped JLL as its leasing agent at a 216,000-square-foot office building adjacent to Kean University in Union Township.

Office
Dermatologist takes 7,100 sq. ft. in Ramsey, NAI Hanson says

A dermatology practice is moving inside Bergen County after leasing more than 7,000 square feet of medical office space in Ramsey, according to brokers with NAI James E. Hanson.

Office
Mack-Cali reveals new renderings, programming for revamped Jersey City campus (SLIDESHOW)

Mack-Cali Realty Corp. is providing a new glimpse at the long-awaited overhaul of its flagship campus in Jersey City, where it will unveil a series of upgraded office buildings, amenities for tenants and programming to draw visitors to its redesigned public spaces.

Events
Jersey City Summit announces three-day virtual event with Murphy, Fulop among speakers

Gov. Phil Murphy and Jersey City Mayor Steven Fulop will once again headline The Jersey City Summit for Real Estate Investment, a popular conference that’s slated to take place this year in virtual form and spotlight the community’s still-surging development pipeline.

Policy Page
Geopolitics and demographics impact commercial real estate in our region

Our state is making headlines these days in a number of good ways. One contributing factor is certainly geopolitics, the study of how place matters. While this term is more often used to describe countries and explain the origin and source of their wealth, culture and military strategy, we can also see how this applies at the state level.

Professional Services
March Associates announces new hires in project management, estimating

March Associates Construction Inc. has announced four new additions to its project management and estimating teams.

Office
C&W: Life sciences tech firm inks 32,000 sq. ft. headquarters lease in Jersey City

A technology firm serving the life sciences sector has leased 32,000 square feet of office space in Jersey City, under a newly announced transaction by Cushman & Wakefield.