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.

Upgrades spur new activity at Hackensack office complex, owners say

The owners of a well-known office complex in Hackensack have made $15 million in upgrades, driving more than 100,000 square feet in leasing activity over the past 18 months.

Collaborative deals: The new norm in Jersey

In listening to the presentations by the eight finalists for NAIOP’s annual Deal of the Year competition, what struck me most was the collaborative nature and level of cooperation that is taking place among all the participants in both the public and private sectors. It wasn’t always this way.

HFF brokers $31.4 million sale to first-time office buyer

A longtime residential investor is expanding into the office sector, acquiring a four-building, 305,000-square-foot portfolio in Burlington County.

Professional Services

Industry veteran joins NAI Hanson as VP

NAI James E. Hanson has continued its recent expansion with the hiring of a new vice president.

Professional Services

Weiss highlights banner year in sales, leasing activity

Brokerage firm Weiss Realty is touting a year in which it completed nearly 40,000 square feet of leasing, along with property sales totaling more than $35 million in value.

Residential & Mixed Use

Roseland debuts luxury rental building at former Mack-Cali office site

Roseland Residential Trust has unveiled nearly 200 new luxury apartments in Morris Plains, marking the redevelopment of what had been a vacant office building owned by Mack-Cali Realty Corp.

Saxum names new director of leasing

Saxum Real Estate has hired a new director of leasing for its growing roster of downtown commercial buildings.

Tenants renew, expand at Fairfield office building, Sheldon Gross says

Two existing tenants have inked new deals at a 136,000-square-foot office building in Fairfield, including a nearly 81,000-square-foot renewal by a wine and spirits distributor.

VREP, Rubenstein detail plans to integrate newly acquired Parsippany campuses

A joint venture will set out to connect two pieces of the Morris Corporate Center property in Parsippany, creating what it says is a campus that can support a tenant requirement of more than 500,000 square feet.

Bell Works inks seven new retail leases for indoor pedestrian plaza

Seven new retail tenants have committed to Bell Works, the mixed-use campus that now occupies the landmark, 2 million-square-foot former Bell Labs complex in Holmdel.