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
NAI Mertz named leasing agent at Bellmawr office building

The new owner of a Camden County office building has tapped NAI Mertz as its leasing agent, as it embarks on a set of improvements at the 40,000-square-foot property.

Professional Services
Garibaldi Group announces new, multigenerational leadership structure

The Garibaldi Group has made a major change to its leadership structure, including a move that brings the firm’s fourth generation into the uppermost ranks of its management team.

Professional Services
Dobco taps Kimmerle Newman Architects to help reposition ex-Toys R Us campus

The owner of the former Toys R Us headquarters site in Wayne has hired Kimmerle Newman Architects to help it reinvent the three-building, 191-acre office campus.

Office
JLL: Data backup, restoration firm extends, expands to 60,000 sq. ft. in Englewood Cliffs

A data backup and restoration provider is doubling its footprint in Englewood Cliffs, where it’s set to occupy 60,000 square feet within a four-building office complex.

Office
Avison Young named leasing agent at Metropark office building

The new owner of a nine-story office building in Woodbridge has tapped Avison Young as its leasing agent, following the brokerage team’s success at a large campus in Morris County.

Office
SJP, financial services firm ink 12,800 sq. ft. office lease in Metropark

SJP Properties has completed a new 12,800-square-foot lease at a Woodbridge office building, providing a home for the New Jersey operations of a global banking firm.

Finance & Capital Markets
Investors Bank touts $90 million in New Jersey loans among recent CRE activity

Investors Bank has closed nearly a dozen commercial real estate loans valued at $227 million in recent months, including more than $90 million in transactions for its New Jersey clients.

Office
Colliers: Piscataway office building fetches $3.9 million

An investment firm has reaped nearly $4 million from the sale of a Piscataway office building, following a transaction arranged by brokers with Colliers International.

Events
NAIOP honors deals of the year, industry icons as virtual gala marks 50th anniversary

The state’s commercial real estate community gathered virtually on Wednesday as NAIOP New Jersey honored a group of transformative projects and industry leaders, including the family of a developer who helped found the chapter a half-century ago.

Office
JLL: Credit union sells 18,000 sq. ft. former headquarters building in Wayne

A credit union has sold an 18,000-square-foot office building in Wayne, with plans to remain as a tenant alongside the medical practice that acquired it.