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
KABR extends 48,000 sq. ft. lease in Ridgefield Park with Samsung IT division

Samsung has extended another lease at a Ridgefield Park office campus, this time for a 48,000-square-foot space occupied by its software and IT services unit.

Health Care & Education
Gene therapy company takes 62,000 sq. ft. at massive life sciences campus in Hopewell

Another life sciences company is coming to the 1.14 million-square-foot former Bristol-Myers Squibb campus in Hopewell, where it plans to lease 62,000 square feet of laboratory space.

Government & Public Policy
Lawmakers pass $14 billion incentives bill, with Murphy expected to sign

A bill to create a sweeping new program of business and development incentives in New Jersey is awaiting Gov. Phil Murphy’s signature after being passed by state lawmakers on Monday.

Office
C&W: Colors, flavors company takes 15,000 sq. ft. in Somerset

A manufacturer has leased nearly 15,000 square feet of laboratory and office space in the Somerset section of Franklin, in a transaction arranged by Cushman & Wakefield.

Office
NAI DiLeo-Bram touts sale of 6,200 sq. ft. office building in Union County

A medical practice has purchased a nearly 6,200-square-foot office building in Berkeley Heights, under a newly completed transaction by NAI DiLeo-Bram & Co.

Health Care & Education
Prism sells 157,000 sq. ft. lab, R&D building at ON3 campus in Nutley

Prism Capital Partners has sold a 157,000-square-foot life sciences building at its ON3 campus, in a sign of investor appetite for modern lab and research and development space.

Health Care & Education
Atkins, Capital Solutions sell new-look medical office building in Bridgewater

A joint venture has sold a repositioned, 95,000-square-foot medical office building in Bridgewater after securing a lease with one of the state’s largest health care networks.

Residential & Mixed Use
Mercer Oak inks 12,000 sq. ft. lease in Monroe for regional eye practice

An ophthalmology and optometry practice is relocating its Monroe Township office, under a newly announced transaction by Mercer Oak Realty.

Cover Story
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.

Office
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.