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.

Procida fund tops $500 million in loan originations

A fund operated by Procida Funding has surpassed $500 million in loan originations, following the recent closing of a $38 million loan for a higher education project.

Denholtz inks renewals at Hamilton campus

Denholtz Associates has completed two renewals at a Hamilton business park for more than 13,000 square feet of combined leasing activity.

C&W named leasing agent for Bloomfield office park

Brokers with Cushman & Wakefield have taken over leasing at a four-building, 393,000-square-foot office campus in Bloomfield.

Which types of tenants or industries hold the greatest upside for New Jersey’s office market?

Which types of tenants or industries hold the greatest upside for New Jersey’s office market? We assembled a panel of industry experts to tackle this month’s question.

Silverman acquires 41,000 sq. ft. Somerset building, JLL says

The Silverman Group has acquired a 41,000-square-foot warehouse and office building in the Somerset section of Franklin, in a $3.6 million deal arranged by JLL.

New Jersey brokers to co-lead new Avison Young life sciences group

Avison Young has launched a new international practice focused on life sciences, tapping two of its New Jersey-based brokers as co-leaders of the specialty group.

Transit hub markets speed away from competition

Office buildings within the state’s transit hub market record lower vacancy rates and higher rents compared to suburban spaces, according to JLL’s annual research report. Companies continue to pursue office space in proximity to walkable amenity-rich areas and with access to mass-transit options for their workforces and clients.

Mack-Cali sells two more office buildings in Hamilton, NKF says

Mack-Cali Realty Corp. has sold two triple-net-leased office properties in Hamilton, in a pair of deals announced Tuesday by Newmark Knight Frank.

Two tenants renew at Denholtz building in Holmdel

Denholtz Associates has completed two lease renewals totaling more than 5,000 square feet at a 44,000-square-foot Holmdel office building.

CBRE tapped as leasing agent for 380,000 sq. ft. Livingston building

Eastman Cos. has hired CBRE as its leasing agent at a 380,065-square-foot office building in Livingston, the real estate services firm announced Monday.