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

Sanzari opens leasing office at flagship Glenpointe campus

Alfred Sanzari Enterprises has opened a new leasing office in Teaneck as part of its marketing effort for more than 650,000 square feet of office space at the Glenpointe complex.

Professional Services

Savills drops ‘Studley’ from name as part of U.S. rebrand, global focus

Tenant advisory firm Savills Studley is dropping the second half of its name as part of a new rebranding campaign — one that includes commercials during the upcoming NCAA men’s basketball tournament.

JLL to acquire HFF for $2 billion

Real estate services giant JLL has agreed to acquire HFF for roughly $2 billion, greatly bolstering its platform with one of the industry’s leading capital markets firms.

Office

Mack-Cali rejects $2.4 billion offer for office holdings, faces attempted board takeover

Mack-Cali Realty Corp. has turned down an offer of more than $2.4 billion for its top waterfront and suburban office buildings, citing a “grossly inadequate” valuation from a group that is now moving to gain a majority position on its board.

Office

Colliers tapped as leasing agent for Newark office tower

The owner of a prominent, 22-story office building in downtown Newark has named Colliers International as its leasing agent.

Events

NAIOP reveals deal of the year finalists for upcoming gala

NAIOP New Jersey has announced the finalists for its coveted Deal of the Year awards, highlighting six of the state’s most impactful projects and transactions of 2018.

Government & Public Policy

Sweeney, top Assembly official offer support for renewing state incentive programs

State Senate President Steve Sweeney last week came to the defense of New Jersey’s use of tax incentives — a recent target of Gov. Phil Murphy’s administration — while pledging to find a solution to extend and update the programs by the time they sunset on June 30.