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
Private equity firm adds Mount Laurel complex for $15 million

An investment group has acquired a seven-building, 244,000-square-foot office and flex portfolio in Mount Laurel, under a newly announced transaction by CBRE.

Office
Bergman details guidelines, building upgrades for returning office tenants

Bergman Real Estate Group has unveiled its plans for helping tenants return safely and confidently to its portfolio of office space across New Jersey.

Office
Investor acquires 40,000 sq. ft. office and retail center in Parsippany

A private investor has sold a mixed-use commercial property in Parsippany for nearly $4.4 million, under a newly announced transaction by The Kislak Co. Inc.

Health Care & Education
Developers weigh new lab, research projects as New Jersey market continues to tighten

After decades of consolidation by Big Pharma, demand for modern lab and diagnostic space in New Jersey is on the rise, fueling rent growth and pushing some developers to consider new laboratory projects.

Policy Page
Workplace absence leads to decline in office demand

Much of the workforce has been absent from offices/workplaces and transportation systems since mid-March. Has this absence “made hearts grow fonder” to return? Not entirely, according to some experts.

Office
Larken: NYC marketing firm takes temp space at Princeton-area office park

A New York City-based marketing and consulting firm has found temporary office space just outside Princeton, where it has leased 800 square feet in a transaction with Larken Associates.

Top News
LeFraks donate $100,000 to Jersey City hospital foundation for COVID relief

The LeFrak family has contributed $100,000 to the Jersey City Medical Center Foundation to support the hospital’s growing needs in the face of the COVID-19 pandemic.

Top News
LEG, H.I.G. Realty purchase 1.2 million sq. ft. ex-BMS campus in Hopewell

A joint venture has acquired the 1.2 million-square-foot Bristol-Myers Squibb campus in Hopewell, seeking to attract new tenants amid continued growth in the life sciences sector.

Office
Hospice business takes 2,900 sq. ft. in Burlington

A hospice provider has leased nearly 3,000 square feet of office space in Burlington, according to brokers with Wolf Commercial Real Estate.

Office
Pharmacy provider inks office lease in Cherry Hill, Vantage RES says

A pharmacy provider is expanding into southern New Jersey with the completion of a new lease in Cherry Hill, under a transaction arranged by Vantage Real Estate Services.