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.

Finance & Capital Markets
Wilcox brokers $7.2 million refi for Bloomfield office building

The owner of a well-known office building in downtown Bloomfield has refinanced for $7.2 million, in a transaction arranged by G.S. Wilcox & Co.

Professional Services
Weichert hires new vice president in Edison office

Weichert Commercial Brokerage Inc. has added to its team with the hiring of a new vice president.

Retail
Monmouth County retail, office center trades for $4.4 million

An investor has acquired a 52,000-square-foot commercial property in Howell for nearly $4.5 million, brokers with The Kislak Co. Inc. said Monday.

Finance & Capital Markets
NKF New Jersey team touts 155,000 sq. ft. office sale in Long Island

Brokers in Newmark Knight Frank’s northern New Jersey office have completed the sale of a 10-building, 155,000-square-foot office park in Long Island.

Office
Prism gains full approvals, expects to begin Morristown office project

Prism Capital Partners is set to begin construction on a plan to modernize and add two stories to an office building in downtown Morristown, bringing a much-needed infusion of high-end space.

Professional Services
Real estate investor joins Newmark as sales associate

Newmark Associates has hired a longtime real estate investor as one of the newest members of its sales team.

Office
Morristown office building sold for $5 million

A nonprofit has reaped $5 million from the sale of its 20,000-square-foot office building in downtown Morristown.

Government & Public Policy
Flood wall decision looms large for Hoboken rail yards project

State officials could soon make a decision on key flood protection measures in Hoboken — one that could make or break a long-awaited, 2.3 million-square-foot redevelopment of the rail yards at the southern edge of the city.

Office
Marcus touts mixed-use building sales in Bayonne

Two mixed-use properties in Bayonne have changed hands for a combined $3 million, following transactions arranged by Marcus & Millichap.

Office
PHOTOS: Mack-Cali hosts open house at revamped Parsippany building

Mack-Cali Realty Corp. welcomed brokers and other industry professionals recently for an open house in Parsippany, where it showed off the types of new amenities and upgrades that are meant to transform its suburban office buildings.