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
Denholtz, UBS ink 21,000 sq. ft. lease for new-look office building in Red Bank

Denholtz Properties has secured a tenant for a soon-to-be-renovated office building in downtown Red Bank, leasing nearly 21,000 square feet to UBS Financial Services Inc.

Industrial
Two-building, 75,000 sq. ft. industrial portfolio in Clark trades for $11 million, Zimmel says

Affiliates of Denholtz Properties have sold more than 75,000 square feet of flex industrial space in Clark, under a deal arranged by Zimmel Associates.

Office
NAI Hanson: Investor buys 10,000 sq. ft. mixed-use building in Flemington

The longtime owners of a 10,000-square-foot mixed-use building in downtown Flemington have sold the property, according to a broker with NAI James E. Hanson.

Top News
AT&T is leaving its iconic campus in Bedminster. Local officials say they’re more than ready.

Bedminster Township has spent eight years preparing for the possibility that AT&T would vacate its iconic 1.1 million-square-foot campus near the junction of interstates 78 and 287, culminating in in a recent vote to rezone the 194-acre property. Now that the move is imminent, local officials are confident that their efforts will pay off.

Photos
IOREBA hosts bourbon tasting in Fairfield

A group of New Jersey commercial real estate leaders kicked back last week for a special bourbon tasting hosted by the Industrial & Office Real Estate Brokers Association.

Top News
Onyx rebrands Merck campus in Kenilworth, plans full marketing push at BIO conference

Onyx Equities has revealed new details of its plan for the 2 million-square-foot former Merck & Co. campus in Kenilworth, as it prepares a broad campaign to attract life sciences and biotechnology firms seeking both turnkey space and new ground-up facilities.

Office
NAI Hanson: Podiatry practice headed to Hackensack after buying medical office suite

The operator of a podiatry practice has acquired a 1,000-square-foot medical office suite in Hackensack, in a newly announced deal by NAI James E. Hanson.

Residential & Mixed Use
Developers break ground on Parsippany project with downtown-style retail, 498 apartments

A joint venture has broken ground on its redevelopment of a former suburban office property in Parsippany, with plans calling for 60,000 square feet of retail and restaurant space, 498 luxury apartments and a pedestrian-friendly design meant to evoke a town center.

Office
Birch Group, JLL tout flurry of leasing activity at 72,000 sq. ft. Princeton office building

The Birch Group has lured several new tenants to a Princeton-area office building, including the semiconductor maker Broadcom, in a series of newly announced deals by JLL.

Office
Contractor buys Howell office, warehouse property for $2.9 million, Sheldon Gross says

A contractor has purchased a 10,300-square-foot commercial property in Howell for $2.9 million, in a deal arranged by Sheldon Gross Realty.