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.

Health Care & Education
Cities: The next frontier for New Jersey R&D

As young life sciences companies search for lab and R&D space, Dan Loughlin sees a new frontier emerging in the years to come — urban centers.

Office
N.J. office market shows upside, reports say, despite tepid leasing

Leasing volume in New Jersey’s office market has trended downward since last year, but observers are finding reasons to be optimistic heading into the spring.

Office
Investors plan to restore historic Hackensack office building

A joint venture has closed on its purchase of a historic 34,000-square-foot office building in downtown Hackensack, where it plans to restore the property while attracting new tenants.

Office
Blau & Berg tapped to market Newark office tower

The owner of a well-known, 18-story office tower in downtown Newark has hired The Blau & Berg Co. to market the building to new tenants.

Office
Bergman, Gottesman acquire Roseland office building

A joint venture has acquired a Roseland office building from Mack Cali Realty Corp., with plans to invest more than $1.5 million to improve the 94,000-square-foot property.

Office
WCRE brokers 1,600 sq. ft. law firm lease in Moorestown

A law firm is set to occupy 1,600 square feet at a newly renovated office building in Moorestown, following a lease arranged by Wolf Commercial Real Estate.

Office
Two-building Morristown campus sells for $35 million, CBRE says

A joint venture has sold a two-building, 230,000-square-foot office campus in Morristown for $35 million, in a transaction arranged by brokers with CBRE.

Finance & Capital Markets
NKF details $97 million loan for Parsippany office sale

A private debt lender provided a $97 million loan for a joint venture’s recent acquisition of the Morris Corporate Center IV campus in Parsippany, Newmark Knight Frank said Thursday.

Office
JLL named leasing agent for Little Falls office complex

JLL has taken over leasing at a well-known, 415,000-square-foot office complex along Route 46.

Professional Services
DMR grows construction admin team

DMR Architects has expanded its construction administration team with three new hires.