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
JLL: Blackrock signs early renewal, extends for 176,000 sq. ft. at Princeton office space

Blackrock has signed a major lease extension at a Princeton-area office building, where it will maintain a footprint of 176,000 square feet under the new deal with Argent Ventures.

Top News
Denholtz Properties rebrands as Denholtz, highlighting focus on investment management

Denholtz Properties, the real estate firm founded more than 70 years ago, has shortened its name as part of a rebrand announced Tuesday by its Red Bank-based team.

Office
Accordia inks 7,000 sq. ft. renewal at Fairfield office building, in one of three new deals by firm

Accordia has announced three new office deals in the region, including a nearly 7,000-square-foot lease renewal at its Greenbrook Executive Center in Fairfield.

Deals
Newmark Associates: New Testament Ministries buys 23,000 sq. ft. Somerset County facility

A new congregation is coming to a 23,000-square-foot facility in Bernards Township after a sale involving two faith-based organizations, brokers with Newmark Associates CRE said.

Office
Onyx, Porzio Bromberg ink 43,000 sq. ft. lease as Parsippany campus adds another law firm

Onyx Equities has lured another law firm to The Arbors @ Parsippany office campus, leasing more than 43,000 square feet to a practice that has spent nearly 65 years in the Morristown area.

Residential & Mixed Use
LCOR breaks ground on 386-unit rental tower for sweeping ‘Hoboken Connect’ project

Construction is underway on the new 386-unit apartment tower that will mark a key private-sector component of a landmark, mixed-use project around Hoboken Terminal.

People
Levine joins Gottesman Real Estate Partners as vice president

Gottesman Real Estate Partners has hired Zachary Levine as vice president, bolstering the team overseeing its portfolio across New York, New Jersey, Connecticut and North Carolina.

Finance & Capital Markets
Cronheim sources $5.9 million refi for 90,000 sq. ft. New Providence flex building

The owner of nearly 90,000 square feet of industrial flex space in New Providence has refinanced the property for $5.85 million, in a deal arranged by Cronheim Mortgage.

Office
Sheldon Gross named property manager for 26,000 sq. ft. office condo building in Fair Lawn

The owners of an office condominium building in Fair Lawn have tapped Sheldon Gross Realty to manage the nearly 26,000-square-foot property.

Deals
WCRE: Investor buys 3,200 sq. ft. office, residential building in Maple Shade

An investor has purchased a 3,200-square-foot mixed-use building in Maple Shade Township, according to a brokerage team with Wolf Commercial Real Estate.