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
C&W: Pharma driving New Jersey office leasing in 2018

Teva Pharmaceuticals isn’t the only life sciences company to impact New Jersey’s office market this year, as several others have inked sizable leases to expand or upgrade their space.

Office
JLL: Transit hub office clusters still shine, despite 2017 hiccup

For all of the appeal of having office space near a train station, eight of New Jersey’s best-known “transit hub” submarkets took a collective step back in 2017, although they continue to stand apart from the state’s suburban highway corridors.

Professional Services
Heller: Avison Young eyeing continued growth in New Jersey

Avison Young has not looked back since entering New Jersey with a splash in 2012 — and the real estate services firm has its sights set on continued growth in the state. 

Hospitality & Tourism
Bell Works names operator for rooftop hotel, conference space

Somerset Development has tapped an international hospitality brand as its operator for a planned rooftop hotel at Bell Works, the landmark mixed-use complex in Holmdel.

People
Veteran estimator joins Hollister executive team

By Joshua Burd Hollister Construction Services has hired an industry veteran to lead its estimating team. In a news release Thursday, the firm announced the addition of Bruce Schlesier as vice president of estimating. In the new role, Hollister said…

Office
Garibaldi touts new leases in Chatham, Jersey City

A global market research company has leased more than 4,000 square feet in downtown Chatham, in one of four recent deals announced by The Garibaldi Group.

Office
Blau & Berg: Tenants ink 23,000 sq. ft. at Short Hills office building

The Blau & Berg Co. is touting strong activity at a Short Hills office building, where it completed five leases for nearly 23,000 square feet during the second quarter.

Professional Services
WCRE hires two new brokers, marketing professional

Wolf Commercial Real Estate has announced three new hires, including two brokers and a marketing coordinator.

Office
Saddle Brook office complex sold for $115 million

A well-known office complex in Saddle Brook has changed hands for more than $115 million, following a sweeping set of upgrades that helped raise occupancy over more than three years.

Government & Public Policy
NAIOP unveils honorees for annual N.J. awards, hall of fame dinner

NAIOP New Jersey will honor one of the state’s key government officials in recent years alongside one of its best-known developers as part of its upcoming fall awards dinner, where the association will also recognize several influential industry professionals.