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.

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Newark Broad Street’s time to shine

Having started my commercial real estate career in Newark, New Jersey in the late 1980s, I’ve had a front row seat to the evolution of The Brick City, and specifically the strides taken by the community toward enhancing the soul of the downtown area. What was once a city centered largely around Newark Penn station, the region has experienced new growth, particularly northward and westward toward the Broad Street corridor. Additionally, while improvements over the past two decades were slow, but steady, the past five years have seen a more intense ramp up in activity.

Professional Services
Gilbane moves New Jersey office to downtown Newark

Gilbane Building Co. is moving its New Jersey office to downtown Newark, in a nod to the construction firm’s growing ties to the city as well as its recent expansion in the state.

Office
Denholtz completes 14,500 sq. ft. renewal at Hamilton business park

An engineering and consulting firm has renewed its nearly 14,500-square-foot lease at a Hamilton commercial complex, under a newly completed transaction by Denholtz Associates.

Professional Services
Locally grown: Lee & Associates, marking 10 years in New Jersey, is primed for additional expansion

Lee & Associates is marking 10 years since the launch of its New Jersey office, having grown from just four brokers and three employees to a team of 55, thanks in large part to the firm’s distinctive broker-owned model and a growing number of service lines.

Professional Services
Garibaldi bolsters brokerage services team with newest hire

The Garibaldi Group has added a new director in its brokerage services group, the firm announced, marking its second key hire in as many months.

Office
Cherry Hill: Law firm acquires 10,700-square-foot office building

A law practice has acquired a nearly 10,700-square-foot office building in Cherry Hill, under a newly completed transaction by Rose Commercial Real Estate.

Office
Bidders wanted for Atlantic County office building, Colliers says

An office building near the Atlantic City International Airport is headed to auction, brokers said, offering a combination of value-add potential and cash flow from existing tenants.

Policy Page
Earth Day 2019 Rx: Focus on recycling

April 22 is Earth Day, always a great time to reflect on what we as citizens can do to make the planet a little greener: reducing waste, conserving energy, reusing or donating products and recycling.

Office
Mount Laurel office building fully leased after two recent deals, Vantage RES says

Two tenants have leased a combined 17,600 square feet at a Mount Laurel office building, under a set of newly announced transactions by Vantage RES.

Office
C&W details upgrade, leasing plans for Morris Plains office building

The new owner of a Morris Plains office building has kicked off its plans to renovate and draw new tenants to the 89,000-square-foot property, brokers with Cushman & Wakefield said.