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
NKF tapped to lease, market Journal Square office building amid $11 million upgrade

The owner of a well-known office building in Jersey City has hired Newmark Knight Frank as its leasing agent, as it continues a sweeping overhaul of the 300,000-square-foot property.

Office
Biotech firm seals 90,000 sq. ft. lease at vacant pharma campus in Plainsboro

A biotechnology firm is set to become the first new tenant at the former Bristol-Myers Squibb campus in Plainsboro, where it will lease more than 90,000 square feet for its new U.S. headquarters and research lab.

Top News
Hampshire announces new head of development

The Hampshire Cos. has named a new head of development, tapping one of its longtime professionals to spearhead its growing pipeline in New Jersey and nationally.

Office
Edgewood acquires 104,000 sq. ft. office building in South Plainfield, JLL says

Edgewood Properties has acquired a vacant 104,020-square-foot office building in South Plainfield, the highly visible site of a former headquarters property along Interstate 287.

Office
Bergman touts promotion within leasing, marketing team

Bergman Real Estate Group has promoted a member of its leasing team, touting her role in growing occupancy and tenant retention within its 17-building office portfolio.

Office
RXR, Blackstone sell 363,000 sq. ft. office building near Princeton, JLL says

RXR Realty and The Blackstone Group have sold a two-building, 363,000-square-foot office portfolio in West Windsor, the home of BlackRock and other major tenants.

Government & Public Policy
Pharma firms, delivery startup among latest targets in EDA tax credit review

The state Economic Development Authority is seeking information from another three companies that were awarded tax credits under its embattled incentive programs, amid ongoing scrutiny of the volume of awards and job pledged by the recipients.

Finance & Capital Markets
Prism announces refi at Parsippany office building

Prism Capital Partners has refinanced a 206,000-square-foot office building in Parsippany, touting the transaction as another milestone for the firm’s original investment property.

Office
Sanzari names general manager for 50-acre Glenpointe campus in Teaneck

Alfred Sanzari Enterprises has named a new general manager for Glenpointe, its flagship office and hotel campus in Teaneck.

Professional Services
Somerset taps boutique firm to oversee retail marketing at Bell Works

Somerset Development has hired a real estate marketing firm to help lure new visitors to the growing slate of retailers, restaurants and services at its landmark Bell Works project.