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
Pharmaceutical firm takes 7,300 sq. ft. in Bedminster, eyes expansion in U.S.

A global pharmaceutical company is expanding in the U.S. with a newly completed, 7,300-square-foot lease at a Bedminster office building, in a newly announced deal by Colliers.

Office
Birch Group, financial firm ink 20,000 sq. ft. office lease in Short Hills

A financial services firm has leased nearly 20,000 square feet of office space in Short Hills, becoming the latest tenant at a recently sold and soon-to-be upgraded cluster of buildings.

Health Care & Education
Thor Equities, RWJBarnabas sign first lease at new-look Jersey City building

Thor Equities Group has inked its first deal at a repurposed life sciences building in Jersey City, securing an 11,000-square-foot lease with the state’s largest hospital network.

Office
Fidelco set to revive Newark office tower, in firm’s latest project in downtown neighborhood

Fidelco Realty Group is revitalizing a well-known office tower in downtown Newark at a cost of more than $30 million, with plans that include a sweeping physical upgrade, the addition of a new bar and restaurant and the creation of flexible workspace to serve technology startups. — All renderings courtesy: Fidelco/Perkins Eastman

Office
Chilmark: Engineering firm leases 29,000 sq. ft. in Parsippany

An engineering firm has taken nearly 29,000 square feet of office space in Parsippany, in a newly announced deal by Chilmark Real Estate Services.

Industrial
Rockaway commercial building trades for $3.9 million, Charity Realty says

A commercial building in Morris County has changed hands for the first time in 30 years, according to a brokerage team with Charity Realty International.

Top News
CBRE: Pipeline for office conversions on the rise in New Jersey, exceeding 8.6 million sq. ft.

Developers are on track to remove nearly 9 million square feet of obsolete office space in New Jersey, as they repurpose the sites with in-demand uses such as industrial and apartments.

Office
Larken brings speaking agency to Branchburg office building

Larken Associates is set to welcome a new tenant to a Branchburg office building, having leased more than 1,300 square feet to an agency that represents prominent public speakers.

Health Care & Education
Doctor buys 1,200 sq. ft. office condo in Mahwah, NAI Hanson says

A physician has found a new home for her practice after purchasing a medical office condominium in Mahwah, according to brokers with NAI James E. Hanson.

Office
Solar company takes 9,000 sq. ft. in Jersey City office deal, C&W says

A solar energy company has leased more than 9,000 square feet of office space in Jersey City, in a newly announced transaction by Cushman & Wakefield.