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.

Government & Public Policy
Westfield council greenlights HBC redevelopment of Lord & Taylor site, nearby lots

Local officials in Westfield have cleared the way for the Hudson’s Bay Co. to redevelop a vacant Lord & Taylor site and several adjacent blocks downtown, with plans calling for more than 300,000 square feet of office space and some 200 residential units.

Health Care & Education
Azarian touts new health care leases at North Brunswick, Woodbridge shopping centers

A new physical therapy practice has leased nearly 1,200 square feet at The Shoppes at North Brunswick, in one of two newly announced deals by Azarian Realty Co.

Office
Exchange Place Alliance opens new office in downtown Jersey City

The influential Exchange Place Alliance has unveiled its new 900-square-foot office at the border of two key neighborhoods in downtown Jersey City.

Finance & Capital Markets
Progress sources $61 million acquisition loan for Vision Properties deal in Northern Virginia

An investor has secured more than $60 million in acquisition financing for a 270,000-square-foot office building in Northern Virginia, in a deal arranged by Progress Capital.

Office
JRM unveils newly delivered, 24,000 sq. ft. headquarters for client in Woodland Park

JRM Construction Management has completed the build-out of a client’s new 24,000-square-foot headquarters space in Woodland Park.

Office
Meal delivery service for seniors buys Westfield commercial building, Sheldon Gross says

A meal delivery business has acquired a 1,500-square-foot commercial building in Westfield for $650,000, in a newly announced deal by Sheldon Gross Realty.

People
Larken promotes Dorell to director of design

Larken Associates has promoted Jillian Dorell to director of design, touting her role in several of the commercial real estate firm’s recent development projects.

Health Care & Education
Biotech firm takes 28,000 sq. ft. in Jersey City, plans move from Brooklyn with EDA tax credit

A biotechnology firm is moving from Brooklyn to Jersey City after being awarded a seven-year, $3.5 million tax credit under the Economic Development Authority’s Emerge program.

Office
JLL: Buyer wanted for Three Gateway in Newark, amid ongoing overhaul of iconic complex

Three Gateway Center, one of four buildings in Newark’s revamped Gateway complex and the home of more than 500,000 square feet of office space, is on the market for sale.

Industrial
Stone Creek Construction Group touts completed projects in Middlesex, Monmouth counties

Stone Creek Construction Group is marking the completion of three projects in central New Jersey, including a design-build renovation of a 38,000-square-foot industrial building in Middlesex County.