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.

Connell looks to build community hub, workplace of the future at Berkeley Heights office park

Connell Real Estate & Development Co., the developer and longtime owner of Connell Corporate Park in Berkeley Heights, is in the midst of a sweeping, $400 million improvement and expansion of the 185-acre property, one that will create new apartments, restaurants, entertainment and urban-style park space by 2023.

Health system expands by 20,000 sq. ft. at Journal Square office building

A health care network is expanding its footprint at a Jersey City office building just months after its original lease, bringing its total presence to nearly 75,000 square feet.

Bristol-Myers Squibb inks 118,000 sq. ft. office lease in Princeton submarket, JLL says

Bristol-Myers Squibb has signed a nearly 120,000-square-foot lease at a Princeton-area office building, under a newly announced transaction by JLL.

Princeton retail, office building sells for $3 million

A fully leased, mixed-use building in downtown Princeton has changed hands for more than $3 million, under a newly announced deal by Commercial Property Network Inc.

Professional Services

Investment firm launches third-party solar energy division

A real estate investment firm has created a new division focused on helping other landlords tap into the cost-saving benefits of rooftop solar panels.

Counseling service takes 1,700 sq. ft. in Cherry Hill, WCRE says

A counseling service has leased 1,700 square feet of office space in Cherry Hill, in a newly completed transaction by Wolf Commercial Real Estate.

JLL named leasing agent at 134,000 sq. ft. office building in Matawan

The owner of a nearly 135,000-square-foot office building in Matawan has hired JLL to lure new tenants to the property.

Kay Commercial marketing 11,000 sq. ft. office space in Verona

The owner of an 11,000-square-foot office building in Verona has tapped Kay Commercial Realty as its leasing agent at the property.

Newmark, American Equity Partners tout new office leases totaling 60,000 sq. ft.

The owner of a growing New Jersey office portfolio has inked three new leases, according to Newmark, including a 43,000-square-foot deal at East Brunswick’s Tower Center.

Government & Public Policy

Murphy unveils $190 million renovation plan for Newark Penn Station

State officials have unveiled plans for a $190 million overhaul of Newark Penn Station, drawing cheers from the developer that is transforming the landmark Gateway office complex nearby.