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.

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.

Office
Avison Young: Tax service firm relocating, leasing 4,300 sq. ft. in Florham Park

A tax service firm is taking more than 4,000 square feet at a Florham Park office campus, under a newly completed transaction by Avison Young.

Top News
Mack-Cali names new chair after board shakeup

A veteran development executive has taken over as board chair of Mack-Cali Realty Corp., following a proxy battle that ended last week with a victory by a dissident investor group.

Retail
Korean BBQ chain inks lease at Hahne & Co., bringing Newark building to 100 percent leased

The revitalized Hahne & Co. building in downtown Newark is now fully leased after a nearly 2,000-square-foot commitment by a growing Korean barbeque restaurant.

Professional Services
NAI DiLeo-Bram hires veteran broker as senior vice president

NAI DiLeo-Bram & Co. has added to its team with the hiring of a veteran office and industrial broker in New Jersey.