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.

Top News
Partnership (and friendship) in focus as NAIOP New Jersey honors industry leaders, deals of the year at annual gala

NAIOP New Jersey welcomed another sold-out crowd to The Palace at Somerset Park, honoring the industry’s top talent as part of its 39th annual Commercial Real Estate Awards Gala.

Office
Signature touts Q1 leasing demand as new, existing tenants combine for 195,000 sq. ft.

Signature Acquisitions is riding the momentum of a strong first quarter after starting the year with some 195,000 square feet of leasing volume across its growing office portfolio.

Community
United Way Legacy Event, now in 27th year, hits $5 million fundraising milestone as organization honors Sanofi at M Station

More than 300 commercial real estate industry leaders converged last week for the annual United Way Legacy Event, raising $328,000 while honoring Sanofi’s new, 260,000-square-foot flagship office at Morristown’s M Station campus by SJP Properties.

Office
Landlord eyes sale of revitalized 194,000 sq. ft. office building in Parsippany, JLL says

The owner of a Parsippany office building is seeking a buyer for the nearly 194,000-square-foot asset, following a substantial update that spurred a flurry of notable leases in recent years.

Events
Bell Works Holmdel to host annual career day on May 15

The popular Bell Works career day is returning to the landmark campus in Holmdel, one of the state’s largest concentrations of businesses and community gathering spaces.

Featured
Advance launches Bridgewater innovation campus with up to 1.1 million sq. ft. of ‘purpose-built’ R&D, advanced manufacturing space

Advance Realty Investors has unveiled plans to build up to 1.1 million square feet of new life science and advanced manufacturing space in Bridgewater, part of a campus that will have shared amenities to create what it’s touting as a cohesive, end-to-end ecosystem.

Office
AY: Verdantas takes 11,000 sq. ft. in Bridgewater to combine three Somerset County offices

Environmental consulting firm Verdantas has found a new home in Central Jersey after leasing nearly 11,000 square feet of office space in Bridgewater.

Professional Services
NAI Hanson Management lands three new assignments in New Jersey, New York

NAI James E. Hanson has added to its property management portfolio in the region after securing assignments for three properties totaling more than 591,000 square feet.

People
Milewski elevated to managing director with Vision Properties, Arena Capital Group

Vision Properties has promoted David Milewski to managing director, expanding his role with the firm and the affiliated Arena Capital Group as it continues to scale its platform.

Office
Sheldon Gross: West Orange office building secures three renewals totaling 18,000 sq. ft.

Three tenants at a West Orange office building have signed renewals, accounting for nearly 18,000 square feet in recent leasing at the 101,000-square-foot property.