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.

Top News
EDA reboots grant program to help municipalities rescue stranded malls, office parks

The state Economic Development Authority has relaunched a funding program aimed at helping suburban communities repurpose underutilized retail or office park properties.

Professional Services
WCRE adds business development adviser

Wolf Commercial Real Estate has announced the hiring of a new business development adviser to help bring the firm’s services to new clients.

Office
Chilmark: Media company takes 6,200 sq. ft. in Secaucus, in move from Midtown

A tenant is relocating from Manhattan to more than 6,000 square feet of office space in Secaucus, under a newly announced transaction by Chilmark Real Estate Services.

Office
Sanzari taps JLL as leasing agent at Elmwood Park office building

Alfred Sanzari Enterprises has named JLL as its leasing agent at a four-story, 68,000-square-foot office building in Elmwood Park.

Office
CPN inks sale of 6,400 sq. ft. office, retail building in Pennington

An office and retail building in Mercer County has changed hands for $650,000, in a newly announced transaction by Commercial Property Network Inc.

Office
SJP makes key promotion, hire in property management team

SJP Properties has deepened its leadership team and property management platform with a recent promotion and a new addition to the company.

Office
Diversified inks leases in Montville with financial services, mortgage firms

Diversified Properties has signed two leases at a Morris County office building, securing commitments from a financial services firm and a retail mortgage lender.

Top News
Bronsnick to leave SJP Properties after nine years

Peter Bronsnick, SJP Properties’ president for the New Jersey region and a well-known commercial real estate executive in the state, is leaving the company after nearly a decade.

Office
Colliers: Bergman sells 118,000 sq. ft. office building in Bergen County

Bergman Real Estate Group has sold a nearly 120,000-square-foot office building just south of Route 3 in Lyndhurst, according to a brokerage team with Colliers International.

Office
Newmark: Sublet space mounts in North Jersey office market, driving occupancy losses

The northern New Jersey office market continued to weaken in the first quarter, with large availabilities mounting as companies shed excess space and continue to work remotely.