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
Downtown Montclair buildings are latest acquisitions for Saxum

Saxum Real Estate has expanded its holdings in downtown Montclair with the acquisition of two neighboring properties, including a 25,000-square-foot former bank building.

Office
NAI Hanson inks sale of 20,000 sq. ft. office building

A two-story office building in Mountainside has changed hands, following a sale arranged by brokers with NAI James E. Hanson.

Cover Story
Commercial landlords hope for continued growth

Experts believe the reforms will spur additional growth during an expansion that will soon be the second-longest in U.S. history, thanks in part to a sweeping cut to the corporate tax rate from 35 to 21 percent. That bodes well for New Jersey’s office and industrial landlords.

Professional Services
Broker joins Vantage RES as sales associate

Vantage Real Estate Services has once again added to its fast-growing brokerage team.

Office
Segal LaBate brokers sale of 33,000 sq. ft. Lawrenceville building

A local property owner has acquired a 33,000-square-foot office building in Lawrenceville, brokerage firm Segal LaBate Commercial Real Estate announced Tuesday.

Professional Services
CBRE names new executive VP in New Jersey

CBRE has promoted one of its well-known brokers in New Jersey for the second time in less than a year.

Retail
Marcus & Millichap touts banner year for northern New Jersey team

Brian Hosey By Joshua Burd Marcus & Millichap’s northern New Jersey office is trending upward, touting a year in which its total number of transactions grew by 44 percent. The brokerage said Thursday that its Saddle Brook-based team is one…

Health Care & Education
Office, education buildings emerging in Atlantic City

As the mixed-use Gateway project continues to rise in Atlantic City, its developer has released photos of the construction alongside renderings of the $220 million project.

Hospitality & Tourism
Hotel project will unlock potential for conference, events business at Bell Works

At full build-out, the massive Bell Works project in Holmdel will be home to some 8,000 daily office workers. But newly unveiled plans for a rooftop hotel are a reminder of the project’s potential to be much more than a repurposed corporate campus.

Office
Mack-Cali set to dial back property sales after topping $500 million in 2017

Mack-Cali Realty Corp. reaped more than $500 million last year from the sale of buildings and joint venture interests, with additional sales slated for 2018 as it winds down its plan to right-size and reposition its vast portfolio.