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.

Kearny Point developer lands $16.5 million for creative office project

Hugo Neu Group has secured more than $16 million in financing to restore and repurpose another building at its flagship Kearny Point campus in Kearny, where it’s adding some 90,000 square feet to the existing stock of creative office space.

Mack-Cali hits back against would-be buyer, rebuts claims of ‘refusal to engage’

Mack-Cali Realty Corp. is pushing back against one of its former CEOs, who had sought to acquire the company but now claims its board had “no genuine intention” of exploring the deal.

WCRE inks sale of medical office parcel in Mullica Hill

A developer has sold a nearly one-acre parcel in Gloucester County, where plans call for a medical office building that will tap into demand from a new hospital less than a mile away.

Familiar territory

As you’ll read in this month’s cover story, a project aims to revive what should be prime real estate in East Brunswick, one that hugs a highway with daily traffic of 100,000 vehicles.

Hillsborough medical office building sells for $5 million, Marcus says

A private buyer has paid more than $5 million for a 16,250-square-foot office building in Hillsborough, in a newly announced transaction by Marcus & Millichap Capital Corp.

Clothing maker inks new lease with Sanzari, returns to Teaneck campus

A former tenant at the Glenpointe campus in Teaneck has returned to the 50-acre complex, under a newly completed lease with owner and developer Alfred Sanzari Enterprises.

NAI Global ranks third in brokerage survey

NAI Global, the global network of owner-operated commercial real estate brokerage firms, has earned a top three ranking in a wide-ranging industry survey.

West New York retail, office building trades for $6.5 million

A private investor has paid $6.5 million for a mixed-use, 21,000-square-foot building in West New York, in newly completed transaction by Marcus & Millichap Capital Corp.

Bergman, Time Equities unveil $2 million upgrade at Whippany office complex

A joint venture has taken the wraps off a series of upgrades at a two-building, 172,000-square-foot office complex in Morris County, including a sleek new central amenity space.

Wayne office building trades for $6.4 million, Marcus says

A private investor has paid $6.4 million to acquire a 132,000-square-foot office building in Wayne, in a newly completed transaction by Marcus & Millichap.