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.

Bed Bath & Beyond completes $250 million sale-leaseback that includes stores, industrial space

Bed Bath & Beyond Inc. has completed a $250 million sale-leaseback agreement spanning more than 2 million square feet of commercial space, in a step aimed at stabilizing the finances of the Union-based retailer.

Lee & Associates expands, adds Morris County-based broker

Lee & Associates has added a veteran broker to its New Jersey team, with an eye toward gaining a greater foothold in Morris and Essex counties.

CPN inks sale of Lawrenceville office building, one of three new Mercer County deals

The owner of a medicine and spa facility has acquired a 9,500-square-foot office building in Lawrenceville, in one of three recent transactions by Commercial Property Network.

Rose Commercial inks sale of 7,100 sq. ft. medical office building in Burlington Co.

An investment group has acquired a medical office building in Burlington County for nearly $900,000, in a newly completed transaction by Rose Commercial Real Estate.

NKF: Parsippany, Park Ridge land top Q4 leases amid steady improvement in office market

Office tenants continued their flight to new and improved spaces as 2019 came to a close, furthering the case for landlords to upgrade or redevelop New Jersey’s aging stock of buildings.

Office space analytics startup opens at Kearny Point, with EDA support

A technology startup has opened offices at the sprawling Kearny Point complex after being approved for a rent subsidy program by the state Economic Development Authority.

Chilmark inks 5,000 sq. ft. law firm lease in Morristown

A law firm has leased nearly 5,000 square feet in Morristown, in one of several recently completed transactions by Chilmark Real Estate Services LLC.

Giving yields the greatest ROI

Times are good now for the commercial and industrial real estate industry, and those professionals that comprise NAIOP are an integral component in successful economic development projects. These same industry professionals also are doing great things for our fellow New Jerseyans.

Onyx, DRA tap NKF as leasing agent at 500,000 sq. ft. office campus in Paramus

Onyx Equities and DRA Advisors have picked Newmark Knight Frank as their leasing agent for a newly repositioned, two-building office campus in Paramus.

Mack-Cali agrees to sell Parsippany, Madison portfolio for $289 million

Mack-Cali Realty Corp. has agreed to sell 2.4 million square feet of office space in Parsippany and Madison to a joint venture led by Onyx Equities LLC, in a $288.5 million deal that sets up a plan to shed its entire suburban office portfolio.