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
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.

Finance & Capital Markets
Newmark: Joint venture lands $76 million loan for 433-acre life sciences campus in Hopewell

An asset management firm is providing $76 million in financing for an investment group’s recent purchase of a 33-building, 1.11 million-square-foot life sciences campus in Hopewell.

Finance & Capital Markets
Father and son thriving together as part of JLL capital markets team in New Jersey

JLL’s New Jersey-based capital markets team includes a rare father-son combination among commercial real estate brokers, part of an office that remains a leader in the state and has only expanded its reach over the past year.

Events
Industry leaders reunite, reconnect at first NAIOP New Jersey event post-pandemic

Commercial real estate leaders gathered Thursday in Holmdel, where NAIOP New Jersey honored several companies as the industry took a key step in moving beyond the pandemic.

Office
Colliers named leasing agent at two-building 145,000 sq. ft. office campus in Morris County

The owner of a two-building, 145,000-square-foot office complex in Florham Park has appointed Colliers International as its leasing agent for the property.

Finance & Capital Markets
Vision, Rubenstein sell Warren office buildings for $150 million, JLL says

An investment group has purchased a two-building, 316,000-square-foot office portfolio in Warren for more than $150 million, in a transaction arranged by JLL.