After a sleepy first half of the year, New Jersey’s office market woke up in the third quarter. And it did so in a big way — thanks to a flurry of high-profile leases that reached the finish line.
A four-building, 403,379-square-foot office park has hit the market in West Orange.
A panel discussion hosted by NAIOP New Jersey focused on why and how “next-generation” companies are able to grow in the Garden State — and how the commercial real estate industry can support them in their growth.
The landmark Hess tower in Woodbridge may be getting some company in the years ahead. That’s according to a plan laid out Wednesday by developer Ed Russo, whose firm is part of a joint venture that aims to acquire and transform some 30 acres around the iconic building. He said the Carlstadt-based firm and its partner, Onyx Equities, intend to build a mixed-use community with roughly 600 residential units and 40,000 square feet of retail space.
Mack-Cali Realty Corp. has sold a 208,000-square-foot office building in Upper Saddle River, in a $19.7 million sale brokered by CBRE.
G3 Communications has leased 6,400 square feet Heights Plaza, a 200,000-square-foot office building owned by Alfred Sanzari Enterprises in Hasbrouck Heights.
Accounting and advisory firm Marks Paneth LLP has signed a long-term lease for 13,823 square feet at 8 Campus Drive in Parsippany, Colliers International Group Inc. said Monday.
Three new tenants have joined the roster at a 10,000-square-foot office building in Wall Township.
New Jersey has had no shortage of high-profile office leases through the first three quarters of 2016. And they’ve come in all corners of the state — from the Hudson waterfront to bucolic suburban campuses in Morris and Somerset counties.
With that mind, researchers with JLL have compiled the Top 10 office leases year to date in the Garden State.