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

Counseling service leases 600 sq. ft. in Chester, NAI Hanson says

A counseling service has taken 600 square feet at a Morris County office building, under a newly announced transaction by NAI James E. Hanson.

Retail

Westfield Garden State Plaza reveals plans for sweeping mixed-use makeover

The owner of the Westfield Garden State Plaza in Paramus has unveiled plans for a new mixed-use town center, one that will include new residential development and commercial and park space at what is already one of the nation’s top-performing malls.

Office

Prism eyes new 400,000 sq. ft. complex as ON3’s first ground-up office project

Prism Capital Partners is crafting plans for the first ground-up office project at its ON3 campus, hiring an architectural firm to design a new two-building complex on the Clifton side of the property.

Government & Public Policy

Seeking a solution, Assembly budget leader calls for extending deadline for state incentives

With the state’s two main incentive programs set to expire on June 30, a high-ranking state lawmaker called on Gov. Phil Murphy to consider extending the deadline and allow policymakers to revamp the tax credit offerings without interruption.

Office

NKF tapped to sell 188,000 sq. ft. Mack-Cali building in Neptune

Mack-Cali Realty Corp. is seeking a buyer for a fully leased, 188,400-square-foot office building in Neptune, brokers with Newmark Knight Frank announced Tuesday.

Office

Sanzari partners with startup to upgrade, curate amenities at Glenpointe

Alfred Sanzari Enterprises has made another move to enhance its flagship Glenpointe campus in Teaneck, partnering with a technology firm focused on amenities and tenant engagement.

Industrial

Fairfield: Seven-building industrial, flex portfolio trades for $30 million

An institutional owner has acquired a seven-building, 315,800-square-foot portfolio in Fairfield for more than $30 million, under a newly completed transaction by Sheldon Gross Realty.

Professional Services

Colliers touts five promotions in New Jersey

Colliers International has made five promotions within its New Jersey brokerage team.

Editor’s Note

Breaking through

As you’ll read in this month’s cover story, Stanbery Development Co. has spent more than four years navigating local politics and state regulations in its quest to redevelop a vacant office complex in Parsippany. But the firm is now on a path toward fulfilling its vision, which calls for a mixed-use, downtown-style development anchored by high-end restaurants and retail.