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
Denholtz inks 10,000 sq. ft. renewal at Edison office park

Denholtz Properties has completed a renewal for more than 10,000 square feet with a tenant at its 12-building, 125,000-square-foot office complex in Edison.

Professional Services
NAI Hanson adds sales associate in Parsippany office

NAI James E. Hanson has announced a new hire aimed at bolstering its team of Parsippany-based brokers.

Office
CBRE: Fruit snack maker leasing 111,000 sq. ft., moving to ex-Hertz HQ in Park Ridge

The company behind Welch’s Fruit Snacks is moving its headquarters to Park Ridge, where it has leased more than 110,000 square feet at the former longtime home of The Hertz Corp.

Office
Chemicals maker takes 70,000 sq. ft. at ex-BMS campus in Plainsboro, Colliers says

Another tenant is coming to a sprawling former Bristol-Meyers Squibb campus in Plainsboro, having committed to 70,000 square feet at one of the site’s existing high-end office buildings.

Events
NAIOP highlights standouts in service, advocacy at annual awards dinner

Commercial real estate leaders came together on Monday to honor a group of top advocates and service professionals, touting their work in public policy and in shaping the industry’s future.

Office
Repositioned life sciences campus in Bridgewater under new ownership, new platform

A joint venture is reaping the rewards of a plan to reposition a sprawling research and development complex in Bridgewater, having sold the campus for more than $150 million. All the while, the deal has cast a light on the allure of life sciences as a real estate investment class and the power of collaboration by brokers across multiple geographic markets.

Office
WCRE: Wellness center takes 2,300 sq. ft. in Burlington County

A wellness center has agreed to lease nearly 2,300 square feet at a Burlington County office complex, under a newly announced transaction by Wolf Commercial Real Estate.

Office
C&W marketing 86-acre development site near Bayer headquarters in Whippany

Pharmaceutical giant Bayer is selling 86 acres adjacent to its North American headquarters in Hanover, offering a rare infill development site in one of the state’s top corporate submarkets.

Office
Onyx, Garrison hail success of Bergen County office strategy

A joint venture is touting its latest acquisition of an office building in Bergen County, where it now owns more than 10 percent of the Class A space in the surrounding market.

Finance & Capital Markets
Buyer of 205,000 sq. ft. office building in Bridgewater inks $29 million acquisition loan

The buyer of a 205,000-square-foot office building in Bridgewater has landed nearly $29 million in financing, under a transaction arranged by Phillips Realty Capital.