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.

Government & Public Policy
Christie, Cuomo pledge more than $5.5 billion to Gateway tunnel project

The states of New Jersey and New York will contribute more than $5.5 billion to building a second tunnel under the Hudson River, a long-awaited project seen as critical to the region’s economy and as protection against future flooding events like Hurricane Sandy.

Office
NAI Hanson: Investor buys Morris Co. office building

An investor has acquired and will occupy a portion of an 11,000-square-foot office building in Mountain Lakes, under a recent sale brokered by NAI James E. Hanson.

Office
Avison Young to stay as leasing agent after sale of Ramsey office building

A real estate investment firm has retained Avison Young as its leasing team after acquiring a 140,000-square-foot office building in Ramsey.

Government & Public Policy
Box manufacturer proposes 500,000 sq. ft. plant in Florence

The state has approved $13.6 million in tax credits to encourage a cardboard packaging manufacturer to build a 500,000-square-foot facility in Burlington County.

Government & Public Policy
Furniture remanufacturer, tech firm offered incentives to move to Camden

Three businesses could be moving to Camden next year in connection with more than $10 million in tax credits approved Tuesday by the state Economic Development Authority.

Office
Landlord unveils newly renovated Morristown office buildings (PHOTOS)

Lincoln Equities Group has completed $2 million in upgrades at two office properties just outside downtown Morristown, where it’s now marketing nearly 120,000 square feet.

Government & Public Policy
Developers: State, federal reforms bring uncertainty for CRE industry in 2018

For all of the looming questions about federal tax reform, the state’s commercial real estate sector is also facing uncertainty about the impact of a new governor and Legislature.

Office
Avison Young: Bergen County building fully leased after 50,000 sq. ft. deal

A life sciences firm will occupy nearly half of a 115,000-square-foot building in Allendale, under a new long-term lease that brings the flex property to full occupancy.

Office
Prism launches new website, digital platforms for Roche redevelopment

Prism Capital Partners has unveiled a new website and social media platforms for the ongoing redevelopment of the former Hoffmann-La Roche campus in Clifton and Nutley, as part of its effort to gather community input at what is now known as ON3.

Residential & Mixed Use
VIDEO: Gateway project taking shape in Atlantic City

The $220 million Gateway project is quickly taking shape along the Atlantic City shoreline, as seen in this latest video from developer AC Devco.