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
Wealth management firm signs 36,000 sq. ft. renewal in Parsippany, JLL says

A wealth management firm is staying in place in Parsippany after renewing its lease for more than 36,000 square feet, brokers with JLL announced.

Technology
TechUnited taps Onyx Equities’ Schultz as new innovation committee chair

A trade group for technology firms and entrepreneurs in New Jersey has tapped a well-known commercial real estate executive to lead a newly formed innovation committee.

Health Care & Education
NAI Hanson: Infusion service moves into New Jersey, leases 1,400 sq. ft. in Paramus

An infusion therapy service is expanding to New Jersey with a newly completed lease in Paramus, in a transaction arranged by NAI James E. Hanson.

Office
Contractor buys Bridgewater office building for $1.1 million, Sheldon Gross says

A contractor has paid more than $1.1 million to acquire a 7,500-square-foot building in Bridgewater, under a newly announced deal by Sheldon Gross Realty.

Office
Accounting, consulting practice takes 15,500 sq. ft. in Marlton, WCRE says

An accounting and consulting firm has leased more than 15,000 square feet at a Burlington County office building, under a deal arranged by Wolf Commercial Real Estate.

Office
Jersey City: Columbia unveils first phase of upgrades at 680,000 sq. ft. office tower

Columbia Property Trust has completed the first piece of a plan to overhaul its 680,000-square-foot office building in the heart of downtown Jersey City.

People
Judd, former C&W New Jersey leader, joins JRT Realty Group

The former head of Cushman & Wakefield’s New Jersey region has landed a new job, joining a Manhattan-based commercial real estate services firm as its chief operating officer.

Office
C&W brokers Warren office lease with Senlac, financial services firm

A financial services firm is taking nearly 19,000 square feet of office space in Warren, under a deal arranged by brokers with Cushman & Wakefield.

Policy Page
CRE sentiment rises, but weighed down by construction cost challenges

Improving economic conditions have led to an improvement in the NAIOP CRE Sentiment Index, indicating both overall optimism and several ongoing concerns. However, respondents are now more pessimistic about construction costs than in any prior survey, and most expect construction labor costs to increase.

Office
Colliers named leasing agent at Woodcliff Lake office building

A landlord has tapped Colliers International as its leasing agent at a 118,000-square-foot office complex in Woodcliff Lake.