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
Jersey City: Columbia unveils first phase of upgrades at 680,000 sq. ft. office tower

Columbia Property Trust has completed the first piece of a plan to overhaul its 680,000-square-foot office building in the heart of downtown Jersey City.

People
Judd, former C&W New Jersey leader, joins JRT Realty Group

The former head of Cushman & Wakefield’s New Jersey region has landed a new job, joining a Manhattan-based commercial real estate services firm as its chief operating officer.

Office
C&W brokers Warren office lease with Senlac, financial services firm

A financial services firm is taking nearly 19,000 square feet of office space in Warren, under a deal arranged by brokers with Cushman & Wakefield.

Policy Page
CRE sentiment rises, but weighed down by construction cost challenges

Improving economic conditions have led to an improvement in the NAIOP CRE Sentiment Index, indicating both overall optimism and several ongoing concerns. However, respondents are now more pessimistic about construction costs than in any prior survey, and most expect construction labor costs to increase.

Office
Colliers named leasing agent at Woodcliff Lake office building

A landlord has tapped Colliers International as its leasing agent at a 118,000-square-foot office complex in Woodcliff Lake.

Office
C&W: Cloud tech firm moves to Jersey City, leases 12,000 sq. ft.

A cloud and IT services firm is on the move along the Hudson waterfront, having leased 12,000 square feet at a Jersey City office tower.

Top News
C&W: Developer wanted for 271-acre development site at Princeton Forrestal Center

Princeton University is seeking a buyer for more than 270 acres along Route 1, where local officials have approved a broad mix of commercial, research, hospitality and residential uses.

Finance & Capital Markets
JLL: Owner of 80,000 sq. ft. Eatontown office building refis for $9 million

The owner of an office building in Monmouth County has refinanced the property for $9 million, under a newly announced transaction by JLL.

Office
Residential brokerage leases 5,600 sq. ft. in Cherry Hill, Vantage Commercial says

A residential real estate brokerage has leased more than 5,600 square feet of office space in Cherry Hill, in a deal arranged by Vantage Commercial.

Residential & Mixed Use
With return to work on the horizon, apartments in transit hubs show signs of a rebound

A return to the office could help bring commuters back to urban employment hubs such as Manhattan, lifting the market for transit-centric apartments in northern New Jersey.