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.

Events
NAIOP panel: Disruptors abound in CRE, from co-working to reverse logistics

Commercial real estate faces no shortage of disruptive forces, a panel of industry leaders told NAIOP New Jersey last week, citing everything from ridesharing services and automation to changing corporate and consumer preferences.

Office
C&W: Mack-Cali sells 193,000 sq. ft. Bridgewater office building

Mack-Cali Realty Corp. has sold a nearly 193,000-square-foot office building in Bridgewater to Edgewood Properties, in a newly announced deal by Cushman & Wakefield.

Professional Services
Colliers expands health care real estate group in New Jersey with new hire

Colliers International has added a 25-year industry veteran to bolster its position in the health care and medical office sectors.

Office
Contractor nears completion of Ramsey office building renovation

A Jackson-based contractor is nearing completion of a major interior renovation at a 138,400-square-foot office building in Bergen County.

Office
CBRE: Foundation launched by Eagles star acquires Cherry Hill building

A free food truck service launched by Eagles quarterback Carson Wentz has found a new headquarters, acquiring a 4,546-square-foot office property in Cherry Hill.

Editor’s Note
New year, new optimism

Among those of you who shared your predictions for 2019, the worst thing I heard was “I’m not sure yet.” And if uncertainty is the worst thing we have in the year ahead, I think we’re well-equipped to take our chances. In the interim, we’re thrilled to begin our third full year of Real Estate NJ, the only New Jersey-based publication dedicated exclusively to commercial real estate.

Residential & Mixed Use
Mack-Cali to acquire new Jersey City apartment complex, Metropark office tower

Mack-Cali Realty Corp. is in talks to acquire one of Jersey City’s newest luxury residential properties while adding to its office holdings in the Metropark submarket, the latest among several transactions announced Thursday by the real estate investment trust.

Events
NAIOP unveils 2019 gala honorees, installs new chapter president

NAIOP New Jersey will honor two of the industry’s top players in capital markets and commercial mortgage banking as part of its annual awards gala this spring, where it will also recognize a pair of influential developers and one of the state’s longest-serving mayors.

Office
Hollister completes build-out for office, co-working firm in Short Hills (SLIDESHOW)

Hollister Construction Services has taken the wraps off a new build-out at a Short Hills office building, where a co-working and office space provider has taken 16,000 square feet.

Deals
Ironside Newark draws second law firm tenant

A rendering of the office space at Ironside Newark — Courtesy: Edison Properties By Joshua Burd Edison Properties has attracted another law firm to its adaptive reuse project known as Ironside Newark, inking a 4,000-square-foot lease with a boutique litigation…