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
Bergman, Gottesman acquire Roseland office building

A joint venture has acquired a Roseland office building from Mack Cali Realty Corp., with plans to invest more than $1.5 million to improve the 94,000-square-foot property.

Office
WCRE brokers 1,600 sq. ft. law firm lease in Moorestown

A law firm is set to occupy 1,600 square feet at a newly renovated office building in Moorestown, following a lease arranged by Wolf Commercial Real Estate.

Office
Two-building Morristown campus sells for $35 million, CBRE says

A joint venture has sold a two-building, 230,000-square-foot office campus in Morristown for $35 million, in a transaction arranged by brokers with CBRE.

Finance & Capital Markets
NKF details $97 million loan for Parsippany office sale

A private debt lender provided a $97 million loan for a joint venture’s recent acquisition of the Morris Corporate Center IV campus in Parsippany, Newmark Knight Frank said Thursday.

Office
JLL named leasing agent for Little Falls office complex

JLL has taken over leasing at a well-known, 415,000-square-foot office complex along Route 46.

Professional Services
DMR grows construction admin team

DMR Architects has expanded its construction administration team with three new hires.

Office
NKF: Midsized deals in life sciences, tech highlight Q1 office leasing

A lease by a life sciences company in Morristown and a tech firm’s expansion in Hoboken were among New Jersey’s top office deals in the first quarter, as part of a market that saw availability inch downward to start the year.

Office
Repositioned office campus in Bridgewater sells for $46 million

An investment firm has sold a Bridgewater office campus for $46 million, nearly double the amount it paid for the property in 2015 before launching a series of upgrades.

Health Care & Education
EDA touts small business funding at Linden laboratory business

A drug testing and monitoring company has unveiled its new 23,400-square-foot headquarters and laboratory in Linden, thanks to a mix of private and public funding sources.

Office
Joint venture names NKF leasing agent at Morris Corporate Center IV

The new owners of two high-end office buildings at the Morris Corporate Center campus in Parsippany have tapped Newmark Knight Frank to oversee leasing at the properties.