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.

Deals
C&W touts sale of Newark parking garage to Edison Properties

Edison Properties has added to its vast parking portfolio in downtown Newark with the acquisition of a 357-space garage, brokers with Cushman & Wakefield announced.

Office
WCRE: Tech firm inks 15,400 sq. ft. in Marlton

A technology firm has leased more than 15,000 square feet in the Marlton business district, according to brokers with Wolf Commercial Real Estate.

Government & Public Policy
EDA grant program fueling retail, restaurant growth in Camden

Property owners in Camden have tapped into a state program meant to spur street-level retail and service businesses, adding to the resurgence of one of the city’s main thoroughfares.

Health Care & Education
RWJBarnabas leases 115,000 sq. ft. in Oceanport, NKF says

The state’s largest hospital system is set to expand at a Monmouth County office building, following a nearly 115,000-square-foot lease arranged by Newmark Knight Frank.

Office
Walters details plans for new office building in Ocean County

Walters Homes is expanding its corporate footprint in Ocean County, with plans to open a new office building in Ship Bottom that will bring four of its divisions under one roof.

Office
Roofing firm inks 5,000 sq. ft. lease in Elmwood Park, NAI Hanson says

A roofing business has leased nearly 5,000 square feet at an office building in Elmwood Park, brokers with NAI James E. Hanson said.

Office
Upgrades planned for West Orange office building (RENDERINGS)

The owner of a well-known, 125,000-square-foot office building in West Orange has unveiled its plans to upgrade the property after acquiring it last year.

Professional Services
C&W announces 15 broker promotions in New Jersey

Cushman & Wakefield has named two new executive vice chairmen in New Jersey, part of 15 newly announced broker promotions in the firm’s three offices in the state.

Office
IT services firm agrees to buy former Merck HQ in Readington, plans fall closing

The long-awaited sale of the massive Merck & Co. property in Readington is slated to close this fall, following the news that a California-based IT services firm has agreed to purchase the site.

Government & Public Policy
Amazon HQ2: Newark council approves $2 billion incentive package

Newark city officials have formalized a $2 billion incentive package meant to attract Amazon’s second headquarters project, one that could also be used to lure other companies that would deliver a similar economic impact.