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.

Deals
NAI Hanson: Home theatre installer leases 1,800 sq. ft. showroom, office space in Budd Lake

A home theatre installer has taken 1,800 square feet of commercial space in the Budd Lake section of Mount Olive, in a newly announced deal by NAI James E. Hanson.

Office
Kenvue joins Murphy, other public officials to unveil 290,000 sq. ft. headquarters in Summit

Kenvue Inc. has taken the wraps off its new 290,000-square-foot global headquarters in Summit, with construction underway on a second facility as part of a revamped pharmaceutical campus.

Office
Accordia taps C&W as leasing, marketing team for 190,000 sq. ft. Fairfield office building

Accordia has selected Cushman & Wakefield as its leasing agent for the 190,000-square-foot Greenbrook Executive Center in Fairfield, the brokerage team announced.

People
Denholtz adds Loy, Vasquez in key asset management positions

Denholtz has bolstered its asset management team with two new hires, welcoming commercial real estate industry veterans Warren Loy and Nicole Vasquez.

Office
Freehold property with office, warehouse space trades for $3.7 million, Sheldon Gross says

A private business has acquired a nearly 9,000-square-foot commercial property in Freehold for $3.7 million, brokers with Sheldon Gross Realty announced Monday.

Office
Sun Pharma secures EDA tax credit for new 100,000 sq. ft. headquarters near Princeton

One of the world’s largest generic pharmaceutical companies has found a new U.S. headquarters outside Princeton with the help of a tax credit award under the state’s Emerge program.

Health Care
JLL: Buyer wanted for 181,000 sq. ft. Bristol Myers lab, office facility in Warren

The owner of more than 181,000 square feet of high-end lab and office space in Warren has tapped JLL to sell the property, the longtime home of a major pharmaceutical company.

Government & Public Policy
EDA approves $104 million Aspire award for Nokia Bell Labs tower in New Brunswick

The developers of what will be nearly 370,000 square feet of lab and office space in New Brunswick, the future home of Nokia Bell Labs, could break ground next month after securing a 10-year, $103.9 million tax credit award under the state’s Aspire program.

Health Care
AST, Robert Wood Johnson mark debut of 229,000 sq. ft. medical pavilion in New Brunswick

AST has completed its latest project in downtown New Brunswick, delivering a new 229,000-square-foot ambulatory care facility for Robert Wood Johnson University Hospital.h

Office
JT Magen delivers 178,000 sq. ft. global headquarters for Lord Abbett & Co. in Jersey City

Investment manager Lord Abbett & Co. LLC has opened its new global headquarters in Jersey City, where it occupies more than 178,000 square feet built out by JT Magen.