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
A new day for Gateway: How Onyx plans to transform Newark’s iconic office complex

A joint venture announced that it has acquired 1, 2 and 4 Gateway Center, allowing it to consolidate ownership of 1.6 million square feet of office space. Onyx Equities LLC is part of that group and is now spearheading the effort to modernize the network of pathways, part of a high-profile effort to overhaul the complex.

Office
HFF: Buyer wanted for 119,000 sq. ft. office building in Montvale

The owner of a 119,000-square-foot office building in Montvale, which houses the U.S. headquarters of a well-known travel company, has put the building on the market.

Office
CBRE: Investor buys LVMH headquarters building in Springfield for $13 million

The Springfield office building that is home to LVMH Moët Hennessy Louis Vuitton SE, the French luxury goods conglomerate, has changed hands for $13.3 million.

Retail
Owner of former Mahwah daycare site inks 9,800 sq. ft. office lease

An office user has backfilled a former daycare center in Mahwah, under a nearly 10,000-square-foot transaction brokered by NAI James E. Hanson.

Office
Medical practice takes 3,450 sq. ft. for new HQ in Cherry Hill, WCRE says

An orthopedics and sports medicine practice has leased nearly 3,500 square feet at a Cherry Hill office building, Wolf Commercial Real Estate announced Friday.

Top News
A winning formula: How CBRE helped engineer some of New Jersey’s top office sales

In a time when investors have reaped windfalls from upgraded office buildings in New Jersey, CBRE’s capital markets team has been on the front lines — spearheading a host of high-profile deals involving newly stabilized, Class A buildings in the state.

Top News
NAI DiLeo-Bram mourns Jeffry Jones

The state’s commercial real estate community is mourning the loss of Jeffry Jones, a longtime broker with NAI DiLeo-Bram & Co.

Office
NKF: New Jersey office market bounces back, gains new ground in 2018

A stronger 2018 helped New Jersey’s office market reverse the losses of the prior two years, Newmark Knight Frank found, thanks in part to healthier demand and leasing in some of the state’s key submarkets.

Office
WCRE brokers sale of Cherry Hill office building

A freestanding medical office building in Cherry Hill has changed hands, following a sale arranged by Wolf Commercial Real Estate.

Government & Public Policy
Kearny Point, Bell Works among sites eligible for EDA rent grants for startups

The state has approved nine locations at which technology or life sciences startups can apply for rent support grants that would help them move into incubators, accelerators or co-working spaces, including some of New Jersey’s largest redevelopment projects.