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
Normandy, NKF ink $19.5 million sale of Princeton-area office building

Normandy Real Estate Partners has sold a nearly 114,000-square-foot office building in the Princeton submarket, under a $19.5 million deal arranged by Newmark Knight Frank.

Office
LEG touts new leases totaling 100,000 sq. ft. at Morristown-area buildings

Five tenants have combined to lease more than 100,000 square feet at a four-building, 412,000-square-foot office portfolio near downtown Morristown, Lincoln Equities Group announced.

Office
HVAC provider moving HQ, takes 32,000 sq. ft. in Montville

A heating and cooling company is set to move its U.S. headquarters to a newly upgraded office building in Montville, under a 32,000-square-foot lease arranged by Cushman & Wakefield.

Office
NAI Mertz inks sale of Manalapan office portfolio for $5.2 million

A three-building, 78,000-square-foot office portfolio in Manalapan has changed hands for more than $5 million, following a deal arranged by NAI Mertz.

Professional Services
Sacramone, HLW eye continued growth in New Jersey after launching Madison office in 2014

An international design firm is eyeing continued growth in New Jersey after opening a new office in Madison in 2014 — a move that re-established its presence here — having grown its team from one to 32 while leading projects for a host of blue-chip corporate clients.

Office
Kearny Point seeks to support cleantech startups through new office space program

The developer of the $1 billion Kearny Point project in Hudson County has unveiled a new partnership for the campus, seeking to support businesses focused on clean technology and environmental sustainability.

Office
Colliers: Piscataway office building fetches $11.5 million

An investor has acquired a nearly 200,000-square-foot office building in Piscataway, under a newly announced transaction by Colliers International.

Office
NAI Hanson touts Parsippany leases totaling 8,600 sq. ft.

Three tenants have leased a combined 8,600 square feet at a renovated boutique office building in Parsippany, brokers with NAI James E. Hanson said Thursday.

Office
Flight to quality continues in N.J. office market, with looming uncertainty about incentives

Office tenants in New Jersey are still flocking to new or upgraded buildings, but the ability for landlords to deliver Class A space could be slowed by the loss of state business incentives.

Finance & Capital Markets
JLL: Buyer of high-end West Windsor office building lands acquisition financing

The buyer of a nearly 330,000-square-foot office building near Princeton has secured acquisition financing for the deal, brokers with JLL announced Wednesday.