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
Mack-Cali sells Woodbridge office building to anchor tenant for $61 million

Mack-Cali Realty Corp. has sold a Woodbridge office building to its anchor tenant for $61 million, marking its latest disposition of a suburban asset in the state.

Health Care & Education
ON3: Prism eyes groundbreaking for preleased, 80,000 sq. ft. medical office building

Prism Capital Partners is preparing to start construction on a new preleased, 80,000-square-foot medical office building in Clifton, the latest addition to its flagship ON3 campus.

Professional Services
Sheldon Gross adds corporate sales rep to CRE team

Sheldon Gross Realty has named a new corporate sales representative, touting his experience in both the real estate and food industries.

Office
CBRE tapped as leasing agent at 125,000 sq. ft. office building in Somerset

The owner of a four-story office building in Franklin Township has picked CBRE as its leasing agent, having launched a series of upgrades to lure new tenants to the property.

Policy Page
Jersey’s comeback must be sustainable, reflective of migrations and crises

In a year of headlines dominated by the pandemic, financial crisis, racial justice movement and climate change-induced natural disasters, a new report can help local, policymakers understand the challenges we must face and the emerging opportunities we cannot afford to squander.

Professional Services
McManimon Scotland adds to redevelopment law practice group

McManimon, Scotland & Baumann LLC has made an addition to its commercial real estate team, one of five new hires for the Roseland-based law firm.

Office
JLL’s New Jersey team inks 224,000 sq. ft. office campus sale in Stamford

A national real estate investment firm has acquired a 224,000-square-foot office complex in Stamford Connecticut, in a deal arranged by JLL’s New Jersey capital markets team.

Office
Mack-Cali sells 155,000 sq. ft. office building in Parsippany

Mack-Cali Realty Corp. has sold another Parsippany office building, this time for nearly $13 million, as it continues its exit from New Jersey’s suburban markets.

People
Saxum announces five new hires amid growing development pipeline

Saxum Real Estate has announced five new hires to help support the firm’s ongoing growth in New Jersey and nationally.

Professional Services
PS&S details new Warren headquarters, COVID safety strategy

Professional services firm PS&S has unveiled its new headquarters in Warren, where it has created a safe, socially distant setting with the flexibility to respond to the evolving health crisis.