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.

People

Advance hires new senior associate of asset management

The New Jersey Center of Excellence in Bridgewater — Courtesy: Advance Realty By Joshua Burd Advance Realty has continued its recent flurry of hiring with an addition to its asset management team. The Bridgewater-based developer said Thursday that it had…

Retail

Newmark: Downtown Summit building repositioned with retail, office tenants

A onetime department store complex in downtown Summit has found new life as a mixed-use commercial space, having reached full occupancy with a group of retail and office tenants.

Office

VREP, Rubenstein acquire another piece of Morris Corporate Center in Parsippany

A familiar joint venture has acquired a 340,000-square-foot office complex in Parsippany, less than two months after announcing its purchase of an adjacent sister property on the campus.

Office

Downtown Montclair buildings are latest acquisitions for Saxum

Saxum Real Estate has expanded its holdings in downtown Montclair with the acquisition of two neighboring properties, including a 25,000-square-foot former bank building.

Office

NAI Hanson inks sale of 20,000 sq. ft. office building

A two-story office building in Mountainside has changed hands, following a sale arranged by brokers with NAI James E. Hanson.

Cover Story

Commercial landlords hope for continued growth

Experts believe the reforms will spur additional growth during an expansion that will soon be the second-longest in U.S. history, thanks in part to a sweeping cut to the corporate tax rate from 35 to 21 percent. That bodes well for New Jersey’s office and industrial landlords.