You may have heard by now about the rush for life sciences space in the wake of last year’s COVID-19 outbreak, which could still continue even after the virus is under control. New Jersey, of course, should stand to benefit with a deep pool of intellectual talent that rose to the occasion in the nation’s fight against the pandemic. That’s the good news, but tapping into that demand remains somewhat complicated.
Mack-Cali Realty Corp. has sold four office buildings in the Metropark submarket for $254 million, as it sheds another key piece of its once-sprawling suburban portfolio.
Tenant advisory firm Cresa has made four additions to its New Jersey brokerage team.
After treading lightly for much of the past year, institutional investors appear poised to accelerate their commercial real estate spending in 2021. New Jersey and other suburban markets could benefit in the near term as buyers await the return of New York City — especially in an apartment sector that is regaining its footing after stumbling during the pandemic.
Ware Malcomb has announced a promotion within its Princeton-based interior architecture and design team.
A professional services firm has leased 3,000 square feet at a Burlington County office building, under a newly announced transaction by Vantage Commercial.
The owner of a former Ingersoll Rand office and research facility in Hunterdon County is seeking a buyer or a tenant for the property, according to Cushman & Wakefield.
Prism Capital Partners has moved its headquarters within its flagship ON3 campus, making way for the global pharmaceutical firm that will occupy the site’s distinctive 15-story office tower.
Alfred Sanzari Enterprises has named a new president as part of an expanded role for the company’s third-generation leader.
A bill that would allow building owners to obtain faster code inspections using third-party, private-sector agents has moved through the Legislature in recent weeks, raising the hopes of developers and other industry stakeholders who support the proposal.