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
Marcus inks $5.75 million sale of West Orange office building

A private investor has sold a nearly 35,000-square-foot office building in West Orange, under a newly announced sale by Marcus & Millichap.

Office
Brooklyn investor acquires Cherry Hill office park for $17.4 million, JLL says

A joint venture has sold a three-building office complex in Cherry Hill, under a $17.4 million transaction arranged by JLL.

Professional Services
Walsh joins Advance as managing director for development, construction

Advance Realty Investors has hired longtime industry executive Tom Walsh, who will help oversee development and construction for its fast-growing portfolio and for third parties.

Office
HFF: Investor acquires 119,000 sq. ft. office building in Montvale

A private equity firm has sold a 119,000-square-foot office building in Montvale, the home of a well-known travel company and other tenants.

Office
Atkins completes two expansions at upgraded medical office building

Atkins Cos. has inked two lease expansions with tenants at a newly updated, 46,400-square-foot medical office building in Burlington County.

Office
Investment group buys East Brunswick office tower for $38 million

American Equity Partners has paid $38 million to acquire a piece of the Tower Center office complex in East Brunswick, under a transaction arranged by CBRE.

Government & Public Policy
Saxum plans office project in Austin as first Opportunity Zone investment

Saxum Real Estate has landed in Austin for its first investment under the federal Opportunity Zone program, teaming with a local developer to acquire a site for a new ground-up office building.

Finance & Capital Markets
CBRE: Owner of Morris Twp. office building closes on $54 million loan

The new owner of a 320,274-square-foot office complex near Morristown has landed nearly $54 million in financing, brokers with CBRE said Monday.

Residential & Mixed Use
Investment sales in Belleville, Bloomfield net $5.1 million, Kislak says

Four properties in Essex County have changed hands for a combined $5.135 million, following a set of transactions brokered by The Kislak Co. Inc.

Office
Mount Laurel medical office building fetches $2.75 million

A local investor has acquired a 22,000-square-foot medical office building in Mount Laurel for $2.75 million, in a transaction arranged by Rose Commercial Real Estate.