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.

Top News
Larken Associates mourns passing of longtime CFO Babette Rutman

Larken Associates is mourning the loss of Babette Rutman, its former chief financial officer and a key member of its Branchburg-based team over more than 25 years.

Office
Walters opens 5,000 sq. ft. office in Ocean County for homebuilding, architecture teams

Walters, the Barnegat-based developer, has opened a new 5,000-square-foot office building on Long Beach Island that houses two of its key divisions.

Office
Zimmel: Denholtz sells 122,000 sq. ft. Edison office park in $50 million deal

Denholtz Properties has sold a 12-building, 122,000-square-foot office complex at the edge of Edison’s Raritan Center for nearly $50 million, in a deal arranged by Zimmel Associates.

Cover Story
Kennedy details top policy, organizational goals after taking over as NAIOP New Jersey CEO

Dan Kennedy is now at the helm of NAIOP New Jersey after taking over as CEO on Aug. 1, with plans to tackle a host of key public policy issues and visions of bolstering what is already one of the commercial real estate association’s strongest and most-respected local chapters.

Office
Hampshire inks 17,000 sq. ft. office lease in Morristown with Sanofi Consumer Healthcare

The Hampshire Cos. has leased up a newly renovated office building in downtown Morristown after securing a nearly 17,000-square-foot deal with Sanofi’s Consumer Healthcare unit.

People
Larken’s Iacobucci promoted to CFO one year after joining firm

Larken Associates has promoted veteran industry executive David Iacobucci to chief financial officer, the Branchburg-based firm announced Tuesday.

Office
AEP, with Newmark brokers, launches leasing at Harborside 6 after $46 million acquisition

Nearly 200,000 square feet of office space in Jersey City has hit the market for the first time in years, following American Equity Partners’ recent acquisition of what’s known as Harborside 6.

Industrial
Biopharma firm expands to 5,800 sq. ft. in downtown Jersey City, Equity says

A biopharmaceutical company has renewed its lease and expanded in downtown Jersey City, where it now occupies more than 5,800 square feet.

Office
Gilead’s new Parsippany office is a hub of collaboration and comfort — with a purpose

Gilead Sciences has opened its new 96,000-square-foot East Coast hub at Parsippany’s Latitude campus, touting a space that will foster innovation and creativity while helping employees transition back to the office.

Industrial
Aspen acquires 83,000 sq. ft. industrial, office portfolio in Burlington in distressed asset deal

Private equity firm Aspen Real Estate has acquired nearly 83,000 square feet of industrial and office space at the junction of two key thoroughfares in Burlington Township.