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
EDA: Fintech firm weighing move to Jersey City from NYC

A financial technology firm could be coming to Jersey City after being offered a 10-year, $5.6 million state tax credit package to move its headquarters from Lower Manhattan.

Office
Marcus & Millichap: West Orange office building fetches nearly $9 million

An investor has acquired a 60,000-square-foot office building in West Orange, following a nearly $9 million transaction arranged by Marcus & Millichap.

Professional Services
WCRE promotes VP to principal

A broker at Wolf Commercial Real Estate has become its newest principal and shareholder, earning the promotion less than four years after joining the firm.

Top News
C&W looks to continue growth in property management in New Jersey

Cushman & Wakefield has added more than 9 million square feet in recent months to its property management portfolio in New Jersey, while bolstering the team that oversees the service line.

Office
Investment firm taps JLL to market Parsippany office complex

The new owner of Morris Corporate Center III is set to rebrand the property, having hired JLL to market and lease the 541,000-square-foot office complex.

Editor’s Note
Coming soon: Industry Roundups from Real Estate NJ

In the days and weeks ahead, we will introduce a new addition to Real Estate NJ aimed at zeroing in on the major asset classes and service sectors in the Garden State. Known as Industry Roundups, the new e-blasts will highlight the top headlines and stories in each field, giving you a chance to catch up on all the latest news in a way that’s tailored to a specific part of the industry.

Office
NKF: Newark, suburban downtowns show strength in 2017 amid struggling office market

Despite suffering the largest occupancy losses in nearly a decade, the northern New Jersey office market emerged from 2017 with reasons to be optimistic.

Office
Prism announces management, operations team at ON3 campus

Prism Capital Partners has assembled a team to oversee its new ON3 campus in Nutley and Clifton, including three former Hoffmann-La Roche employees who worked at the site for a combined 90 years.

Health Care & Education
Weiss: New tenants lease 16,000 sq. ft. at Union City medical building

Two medical practices have signed leases totaling 16,025 square feet at a Union City office building, in a set of transactions brokered by Weiss Realty.

Office
KBS touts 84,400 sq. ft. in leasing at Woodbridge office park

Three new leases and a renewal have contributed to more than 84,000 square feet of activity at a six-building office campus in Woodbridge, landlord KBS Realty Advisors announced.