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
Fintech firm debuts Newark office after move from Manhattan

A financial technology firm has opened its new office in downtown Newark, thanks in large part to a $6.5 million state incentive that helped lure the company from Midtown Manhattan.

Office
With upgrades underway, JLL named leasing agent at Hoboken office building

The owner of a 120,000-square-foot office building near the Hoboken waterfront has tapped JLL as its leasing agent.

Office
Law firm, Edison Properties to relocate HQs to Ironside Newark

A law firm is set to relocate to Edison Properties’ Ironside Newark project, as the developer also prepares to move its own headquarters to the rehabilitated former warehouse building.

Finance & Capital Markets
HFF brokers $9.9 million loan for Montvale office deal

The buyer of a nearly 94,000-square-foot office building in Montvale has secured $9.94 million in acquisition financing, under a transaction arranged by brokers with HFF.

Residential & Mixed Use
Denholtz gains approvals, unveils expanded plan for mixed-use Red Bank project

Denholtz Associates has received approval for a newly expanded plan to bring a mix of new apartments and commercial space to a site adjacent to Red Bank’s train station.

Office
JLL: Data backup firm takes 30,000 sq. ft. in Englewood Cliffs

A cloud data solutions firm has leased 30,000 square feet in Englewood Cliffs, in a transaction arranged by brokers with JLL.

Office
Amazon eyeing locations outside Newark for HQ2, reports say

Newark appears to have fallen short in its bid to land Amazon’s coveted second headquarters, with published reports indicating that the company is leaning toward New York City and northern Virginia as part of a split location.

Policy Page
Big data: Many challenges but a wealth of next-gen jobs

The influx of “big data” can be overwhelming and complex — coming with privacy concerns and other challenges — but it provides a great opportunity to help developers and landlords improve operational efficiencies and attract and retain tenants.

Office
Mack-Cali touts three major renewal, expansion leases on waterfront

Three major tenants have renewed and expanded within Mack-Cali Realty Corp.’s waterfront portfolio, leasing a combined 323,000 square feet in two Jersey City office buildings.

Office
Marlton office building sells for $5.1 million

A local investment group has acquired a 40,000-square-foot office building in Marlton, under a $5.1 million sale arranged by Markeim Chalmers Inc.