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.

Photos
SLIDESHOW: March of Dimes’ annual New Jersey real estate reception

Hundreds turned out recently to honor Sam Morreale, founder and managing partner of Vision Real Estate Partners, as part of the annual real estate award reception hosted by the March of Dimes North Central New Jersey.

Retail
WCRE: Fitness concept leases 2,000 sq. ft. in Voorhees, its first East Coast location

A fitness studio based in Arizona has picked southern New Jersey for its first East Coast location, under a deal arranged by Wolf Commercial Real Estate.

Office
C&W: Onyx, Garrison sell Bergen County office building

An investor has acquired a 108,000-square-foot office building in Rochelle Park, marking the second sale of the property in less than a year.

Office
Colliers marketing 440,000 sq. ft. former BMS campus in Plainsboro

An investment manager has set out to reposition two buildings at the former Bristol-Myers Squibb headquarters campus in Plainsboro, while tapping Colliers International to market more than 400,000 square feet at the property.

Industrial
Denholtz: Clark commercial complex fully leased after latest deal

Denholtz Associates has inked a 10,050-square-foot lease at a commercial complex in Clark, bringing the 283,000-square-foot campus to full occupancy.

Office
Denholtz touts 28,000 sq. ft. in new leases, renewals in Matawan

A steel exporter has renewed for nearly 11,000 square feet at a Matawan office building, one of seven transactions announced Tuesday by Denholtz Associates.

Government & Public Policy
EDA: Teva Pharmaceuticals weighing 345,000 sq. ft. in Parsippany

The state has approved a 10-year, $40 million tax credit package to encourage Teva Pharmaceuticals to move its U.S. headquarters from Pennsylvania to Parsippany, where it would lease more than 345,000 square feet to house more than 1,000 employees.

Government & Public Policy
State OKs incentive for E-Trade expansion in Jersey City

E-Trade Financial Corp. could be in line to expand its footprint on the Jersey City waterfront, following the approval Tuesday of a 10-year, $20.1 million tax credit package by the state Economic Development Authority.

Office
Higher and better: Developers making strides in repurposing New Jersey’s vacant, outdated office buildings

Slowly but surely, developers have begun to chip away at one of New Jersey’s most chronic issues when it comes to commercial real estate — the abundance of obsolete, aging office buildings that are no longer considered usable by modern standards.

Retail
JLL: Mini-burger chain among three retail leases in downtown New Brunswick

A mini-burger chain has committed to its first New Jersey location in New Brunswick, in one of three retail leases in the city announced by JLL.