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 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.

Office
Birch Group eyes $1 million upgrade at Parsippany office campus

A landlord is planning a $1 million overhaul of a two-building office park in Parsippany, hoping to capitalize on the site’s location between Interstate 80 and Route 46.

Health Care & Education
Heart, vascular practice acquires Nutley medical office building

A physician is expanding its practice with the purchase of a 3,050-square-foot medical office building in Nutley, in a newly announced deal by Midtown Commercial Realty.

Office
Medical device firm takes 48,000 sq. ft. of life science, office space near Princeton

A medical device maker has leased some 48,000 square feet in Plainsboro, with plans to use the space for research and development, product assembly and its administrative offices.