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.

Professional Services
Purchasing manager is among newest hires for Hollister

Hollister Construction Services has made another addition to its team with the hiring of a new purchasing manager.

Residential & Mixed Use
Monmouth County apartments, commercial space trade for $9.2 million

The developer of two new mixed-use properties in Atlantic Highlands has sold the buildings for nearly $9.2 million, in a deal brokered by Gebroe-Hammer Associates.

Office
Morristown medical office complex sold for $140 million

A three-building, 538,000-square-foot medical office complex in Morristown has changed hands, in what HFF says is the state’s largest medical office sale this year.

Office
Matawan office building trades for $19.75 million, CBRE says

A partnership led by Denholtz Associates has sold a nearly 134,000-square-foot office building in Matawan for $19.75 million, according to brokers with CBRE who completed the deal.

Office
C&W: Upgraded Morristown building inks five leases

A nearly 85,000-square-foot lease by a global pharmaceutical firm is among several recent deals at a Morristown office building, where ownership has unveiled $7 million in upgrades.

Office
Rudin, former Mack-Cali CEO, to join Savills Studley as president

Former Mack-Cali Realty Corp. CEO Mitchell E. Rudin is returning to New York City, joining Savills Studley as its next president.

People
Denholtz touts new hire for acquisitions, development team

Denholtz Associates has made another addition to its team with the hiring of a new acquisitions and development associate.

Office
C&W: Pharma driving New Jersey office leasing in 2018

Teva Pharmaceuticals isn’t the only life sciences company to impact New Jersey’s office market this year, as several others have inked sizable leases to expand or upgrade their space.

Office
JLL: Transit hub office clusters still shine, despite 2017 hiccup

For all of the appeal of having office space near a train station, eight of New Jersey’s best-known “transit hub” submarkets took a collective step back in 2017, although they continue to stand apart from the state’s suburban highway corridors.

Professional Services
Heller: Avison Young eyeing continued growth in New Jersey

Avison Young has not looked back since entering New Jersey with a splash in 2012 — and the real estate services firm has its sights set on continued growth in the state.