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
State honors three projects with housing, economic development awards

The state has doled out its annual Governor’s Excellence in Housing and Economic Development Awards, recognizing three well-known projects in northern and central New Jersey.

Office
With its ‘assembly line’ approach, Vision’s pipeline is bigger (and bolder) than ever

Vision Real Estate Partners is ramping up the next phase of its pipeline in New Jersey, relying on its “assembly line mentality” and the mix of creativity and capital that has allowed it to thrive with high-profile redevelopment projects in recent years.

Office
HFF: Investor buys 120,000 sq. ft. Morris County office building

An investment group has acquired a recently renovated, 120,000-square-foot office building about two miles from downtown Morristown, brokers with HFF announced Wednesday.

Finance & Capital Markets
Lenders close $12.5 million loan for 107-year-old ‘Art Factory’ in Paterson

The owner of a historic factory complex in Paterson that is home to artists, filmmakers and other creative users is getting a $12.5 million infusion for the property, under a loan closed by Silver Arch Capital Partners and Procida Funding & Advisors LLC.

Office
Life sciences firm renews for 10,400 sq. ft. in East Rutherford, Garibaldi says

A life sciences company has renewed its nearly 10,400-square-foot lease in East Rutherford, where it has maintained its headquarters for nearly 30 years.

Industrial
Rockefeller taps former Prologis exec to lead New Jersey, Pennsylvania offices

Rockefeller Group has named a new leader of its development team in New Jersey and Pennsylvania, tapping a former Prologis market officer to fill the role.

Office
Three tenants take 83,000 sq. ft. at Ridgefield Park office building

Three companies have joined the roster at a 310,000-square-foot office building in Ridgefield Park, where they have signed a total of more than 83,000 square feet.

Health Care & Education
WCRE touts 4,200 sq. ft. medical office lease in Cherry Hill

A health care services company has leased more than 4,000 square feet at a medical office building in Cherry Hill, under a deal arranged by Wolf Commercial Real Estate.

Office
Tenants wanted for 20,000 sq. ft. Morristown office building

The new owner of a 20,000-square-foot office building in downtown Morristown has hired Transwestern as its leasing agent.

Top News
Panepinto donates $10 million to Saint Peter’s, its largest-ever gift

Developer Joseph A. Panepinto has donated $10 million to Saint Peter’s University, marking the largest-ever philanthropic gift to the Jersey City school in its nearly 150-year history.