A three-building, 538,000-square-foot medical office complex in Morristown has changed hands, in what HFF says is the state’s largest medical office sale this year.…
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.
Matawan office building trades for $19.75 million, CBRE says
A partnership led by Denholtz Associates has sold a nearly 134,000-square-foot office building in Matawan for $19.75 million, according to brokers with CBRE who completed the deal.…
C&W: Upgraded Morristown building inks five leases
A nearly 85,000-square-foot lease by a global pharmaceutical firm is among several recent deals at a Morristown office building, where ownership has unveiled $7 million in upgrades.…
Rudin, former Mack-Cali CEO, to join Savills Studley as president
Former Mack-Cali Realty Corp. CEO Mitchell E. Rudin is returning to New York City, joining Savills Studley as its next president.…
Denholtz touts new hire for acquisitions, development team
Denholtz Associates has made another addition to its team with the hiring of a new acquisitions and development associate.…
C&W: Pharma driving New Jersey office leasing in 2018
Teva Pharmaceuticals isn’t the only life sciences company to impact New Jersey’s office market this year, as several others have inked sizable leases to expand or upgrade their space.…
JLL: Transit hub office clusters still shine, despite 2017 hiccup
For all of the appeal of having office space near a train station, eight of New Jersey’s best-known “transit hub” submarkets took a collective step back in 2017, although they continue to stand apart …
Heller: Avison Young eyeing continued growth in New Jersey
Avison Young has not looked back since entering New Jersey with a splash in 2012 — and the real estate services firm has its sights set on continued growth in the state. …
Bell Works names operator for rooftop hotel, conference space
Somerset Development has tapped an international hospitality brand as its operator for a planned rooftop hotel at Bell Works, the landmark mixed-use complex in Holmdel.…
Veteran estimator joins Hollister executive team
By Joshua Burd Hollister Construction Services has hired an industry veteran to lead its estimating team. In a news release Thursday, the firm announced the addition of Bruce Schlesier as vice preside…
