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

Hartz sells Woodcliff Lake office building for $36 million, C&W says

An investment group has acquired a 118,000-square-foot, single-tenant office building in Woodcliff Lake for $36 million, in a newly announced transaction by Cushman & Wakefield.

Office

NKF inks 35,000 sq. ft. renewal at New Providence office building

An information services company has renewed its 35,000-square-foot lease at a New Providence office building, under a newly completed transaction by Newmark Knight Frank.

Government & Public Policy

EDA reviewing tax credit awards to Teva, Norcross-linked firms

A state agency is looking into six companies that were awarded tax credits under New Jersey’s beleaguered incentive programs, including a global drug manufacturer and several firms with ties to George E. Norcross III, the powerful South Jersey Democratic leader.

Government & Public Policy

Murphy reiterates plan to veto incentives extension, hopes for ‘common ground’

Gov. Phil Murphy doubled down on his pledge to veto a bill to extend New Jersey’s embattled tax incentive programs, while still offering hope for a compromise with state lawmakers.

Features

In Red Bank, Denholtz finds a new home and new opportunities

The convenience was hard to beat at Denholtz Properties’ longtime headquarters in Matawan, a three-story office building that sits directly off the Garden State Parkway. But the firm’s new office in Red Bank has much more to offer.

Office

Paramount debuts new 12,000 sq. ft. headquarters in downtown Newark

Paramount Assets has moved its headquarters to downtown Newark, as it continues to build its pipeline of redevelopment and historic rehabilitation projects in the city.

Office

Marcus inks $5.75 million sale of West Orange office building

A private investor has sold a nearly 35,000-square-foot office building in West Orange, under a newly announced sale by Marcus & Millichap.

Office

Brooklyn investor acquires Cherry Hill office park for $17.4 million, JLL says

A joint venture has sold a three-building office complex in Cherry Hill, under a $17.4 million transaction arranged by JLL.

Professional Services

Walsh joins Advance as managing director for development, construction

Advance Realty Investors has hired longtime industry executive Tom Walsh, who will help oversee development and construction for its fast-growing portfolio and for third parties.