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.

Office
Sanzari signs 32,000 sq. ft. in office, retail renewals in Bergen County

An insurance agency has renewed its nearly 15,000-square-foot lease in Hasbrouck Heights, in the largest of several newly announced deals by Alfred Sanzari Enterprises.

Office
Financial brokerage renews 11,000 sq. ft. office lease in Jersey City, Cresa says

A financial services firm has renewed its lease in Jersey City’s iconic Newport district, where it occupies more than 11,000 square feet for its corporate headquarters.

Office
Medical office owner adds Englewood facility, expanding New York-area holdings

A joint venture has purchased a nearly 38,000-square-foot medical office building in Englewood as part of an expansion in the New York metropolitan area.

Events
United Way honors Gateway team, JLL’s Greiner at annual fundraiser

The state’s commercial real estate sector renewed its support of the United Way of Northern New Jersey, raising more than $250,000 in a program that showcased plans to transform Newark’s flagship office complex, while recognizing a top broker with JLL.

Office
Colliers inks sale of 55,000 sq. ft. medical office building in Oradell

An investor has acquired more than 55,000 square feet of medical office space in Bergen County, under a transaction arranged by Colliers International.

Policy Page
The future of office work has arrived

The economic rebound is fueling job growth in office-using sectors, which comes as the state lifts requirements that employers accommodate telework arrangements. Now that the future has arrived, I am sure that all employers would agree that employees are the most critical resource for success. Striking the right balance for the new workplace will likely be case-sensitive, and will no doubt take some time and a great deal of patience.

Health Care & Education
Dentist finds new location in Englewood Cliffs, leasing 1,100 sq. ft.

A dental practice is moving within Englewood Cliffs after signing a new lease for 1,100 square feet of medical office space, brokers with NAI James E. Hanson announced Wednesday.

Office
Accordia: Tenant at Fairfield office building expands again, adding 5,000 sq. ft.

Accordia Realty Ventures has secured a lease expansion at a Fairfield office building, inking a 5,000-square-foot deal with a commercial insurance and group benefits provider.

Health Care & Education
Plastic surgeon acquires 2,400 sq. ft. medical office condo in Ridgefield, NAI Hanson says

A plastic surgery practice is expanding into New Jersey with its purchase of a medical office condominium in Ridgefield, according to brokers with NAI James E. Hanson.

Finance & Capital Markets
CBRE: North Jersey among top 20 markets for net-lease investors in office, retail

As the demand for net-lease properties inches back toward pre-pandemic levels, northern New Jersey remains a top 20 market for investors targeting the office and retail sectors.