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
L+M sees new office space as key complement to apartments, retailers at historic Newark tower

With renters flocking to Walker House’s 264 apartments and commitments from a host of retailers, L+M Development Partners is keenly focused on the third piece of its formula. The New York-based developer, alongside brokers with JLL, has stepped up efforts to market more than 50,000 square feet of available office space at the building, touting the promise of downtown Newark’s resurgence and a workplace that is like few others in New Jersey. 

Finance & Capital Markets
Northern New Jersey among top 10 markets for net-lease investment, CBRE says

Net-lease investment is on the rise in the U.S., with northern New Jersey remaining a key target for buyers of industrial property and other commercial asset classes.

Office
NAI Mertz touts 23,000 sq. ft. in new leases, renewals at Cherry Hill office park

A dozen tenants have combined to lease more than 23,000 square feet at a Cherry Hill office complex, under a series of newly announced transactions by NAI Mertz.

Office
Garibaldi: Investment, asset manager takes 11,000 sq. ft. for new Chatham headquarters

An investment and asset management firm has moved its headquarters to Chatham, where it leases nearly 11,000 square feet as part of a transaction brokered by The Garibaldi Group.

Office
NAI Hanson inks sale of 5,000 sq. ft. office building in Mount Olive

A marketing firm has acquired a freestanding, 5,000-square-foot office building in Mount Olive as part of a newly completed transaction by NAI James E. Hanson.

Office
KABR touts 235,000 sq. ft. extension by Samsung, success of Ridgefield Park campus

The KABR Group is hailing its recently completed lease extension in Ridgefield Park with Samsung’s U.S. subsidiary, in a deal that comes 10 years after the electronics giant helped seal one of the first high-profile, post-recession turnarounds of a New Jersey office building.

Office
Meadowlands chamber unveils new headquarters, meeting space of the future

The Meadowlands Chamber has opened the doors to a new headquarters and visitors center in Lyndhurst, debuting a space with high-end technology and modern meeting rooms that will help expand the resources for businesses in the region.

Office
Paramount, nonprofit ink 20,000 sq. ft. lease in Newark

A nonprofit is relocating within Newark to a building owned by Paramount Assets, under a newly announced 20,000-square-foot lease with the real estate investment firm.

Deals
JLL inks sale of 105,000 sq. ft. Parsippany office building

A private regional investor has acquired the Parsippany office building that is home to T-Mobile’s regional headquarters, under a newly announced transaction by JLL.

Office
Environmental, engineering firm takes 8,900 sq. ft. at Hopewell campus, C&W says

A professional services firm is relocating its regional office as part of a nearly 9,000-square-foot lease in Hopewell, under a newly announced transaction by Cushman & Wakefield.