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
Onyx unveils renderings, teases redesign of Gateway overhaul in Newark

Onyx Equities is taking the wraps off its long-awaited plans for the Gateway office complex in Newark, with a design that calls for new public spaces, retail and dining options that will transform its busy commuter concourse and the surrounding streets.

Deals
Telecom firm takes 3,000 sq. ft. at upgraded Parsippany building, NAI Hanson says

A high-tech telecommunications firm has leased more than 3,000 square feet at a newly revamped office building in Parsippany, brokers with NAI James E. Hanson announced.

Office
Aspen, Devli acquire Monmouth office building from Mack-Cali for $26 million

A joint venture has acquired a Monmouth County office building from Mack-Cali Realty Corp., with plans to launch a series of upgrades at the nearly 190,000-square-foot complex.

Office
WCRE: Engineering firm takes 2,400 sq. ft. in Cherry Hill for its first New Jersey office

An engineering firm is expanding into New Jersey with the completion of a nearly 2,400-square-foot lease in Cherry Hill, under a newly announced transaction by Wolf Commercial Real Estate.

Retail
C&W named leasing agent at 200,000 sq. ft. Piscataway office building

The owner of a Piscataway office building has retained Cushman & Wakefield as its leasing agent, as it prepares to launch a series of renovations at the newly acquired property.

Office
Investor sells West Orange office building, eyes redevelopment for remaining campus

An investment group has sold a 130,000-square-foot office building in West Orange, in a deal that comes two years after it acquired the property as part of a four-building office complex.

Top News
Sanzari moves to modernize flagship Glenpointe complex with new tenant services, amenities

Alfred Sanzari Enterprises and Better Spaces recently debuted The Pointe, a new space that will serve as a focal point for programming the amenities at the Glenpointe complex in Teaneck. The new services include free yoga classes for tenants, along with ping pong tournaments, meditation sessions and other offerings. — Courtesy: Alfred Sanzari Enterprises

Office
L+M sees new office space as key complement to apartments, retailers at historic Newark tower

With renters flocking to Walker House’s 264 apartments and commitments from a host of retailers, L+M Development Partners is keenly focused on the third piece of its formula. The New York-based developer, alongside brokers with JLL, has stepped up efforts to market more than 50,000 square feet of available office space at the building, touting the promise of downtown Newark’s resurgence and a workplace that is like few others in New Jersey. 

Finance & Capital Markets
Northern New Jersey among top 10 markets for net-lease investment, CBRE says

Net-lease investment is on the rise in the U.S., with northern New Jersey remaining a key target for buyers of industrial property and other commercial asset classes.

Office
NAI Mertz touts 23,000 sq. ft. in new leases, renewals at Cherry Hill office park

A dozen tenants have combined to lease more than 23,000 square feet at a Cherry Hill office complex, under a series of newly announced transactions by NAI Mertz.