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
NKF touts 65,000 sq. ft. in leasing at Bridgewater office building

A telecommunications equipment firm has leased 35,000 square feet at a Bridgewater office building, one of three new leases announced by brokers with Newmark Knight Frank.

Office
Colliers: New owner plans upgrades at Piscataway office building

A private investor has acquired a nearly 140,000-square-foot office building in Piscataway, following a sale brokered by Colliers International and the online platform Ten-X.

Office
Flemington medical office building fetches $3.3 million, Marcus says

A financial institution has sold a 33,000-square-foot office building in Flemington, under a nearly $3.3 million deal brokered by Marcus & Millichap.

Government & Public Policy
Incentive program enters final year, drawing concern from CRE sector

With the Grow New Jersey program set to expire in less than a year, the prospect of losing the incentive is already weighing heavily on the state’s commercial real estate market.

Office
Law firms recommit to Hasbrouck Heights office building, Sanzari says

Two law firms have renewed their lease at Heights Plaza, the 200,000-square-foot Hasbrouck Heights office building owned by Alfred Sanzari Enterprises.

Roundtable
Beyond retail and industrial, how has e-commerce impacted commercial real estate?

Beyond retail and industrial, how has e-commerce impacted commercial real estate? We assembled a panel of industry experts to tackle this month’s question.

Office
P3 acquires 233,000 sq. ft. pharma HQ building in Bedminster, C&W says

P3 Properties has made another addition to its New Jersey office portfolio, acquiring a 233,000-square-foot building in Bedminster that is home to a major pharmaceutical company.

Top News
Change agents: How Yorktel is guiding clients toward ‘next-gen’ workspaces, collaboration technology

Yorktel, a provider of video and audio communications services, has become a guiding hand for companies that are transitioning to so-called next-generation workplaces. That has meant advising clients on everything from choosing the right videoconferencing equipment to picking the optimal conference rooms, huddle rooms and other collaboration spaces.

Office
Mack-Cali, E-Trade ink 132,000 sq. ft. lease in Jersey City

Mack-Cali Realty Corp. and E-Trade Financial Corp. have completed a lease renewal in Jersey City, where the online brokerage will expand to more than 130,000 square feet.

Office
JLL: Volkswagen U.S. renews for 12,000 sq. ft. in Woodcliff Lake

Volkswagen’s U.S. subsidiary has renewed its 12,000-square-foot lease at a Woodcliff Lake office building, under a lease announced this week by brokers with JLL.