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.

Residential & Mixed Use
NBPAC project unveils newly named theaters, largest-ever gifts for playhouse

The New Brunswick Performing Arts Center, a $172 million mixed-use project rising in the city’s downtown, has added to its cachet with two newly announced naming gifts.

Events
USGBC NJ unveils LEED projects of the year, honorees for spring gala

A new corporate campus in Bergen County and two upscale, environmentally conscious condominium projects will be among the top honorees this year at an annual gala hosted by the U.S. Green Building Council’s New Jersey chapter.

Government & Public Policy
Murphy renews call for state-supported venture capital fund

Gov. Phil Murphy hit the road on Wednesday to highlight a plan to draw more venture capital to New Jersey, a key piece of his proposal to replace the state’s expiring business incentives.

Government & Public Policy
Longtime EPA official joins Kearny Point team, with a focus on green initiatives

Hugo Neu Group has bolstered the team overseeing its landmark Kearny Point project, tapping a longtime federal official to oversee environmental initiatives at the 130-acre site.

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.

Top News
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.