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
Mack-Cali names new CFO, executive VP of leasing

Mack-Cali Realty Corp. has announced changes in two top management positions, hiring a new chief financial officer and a new executive vice president of leasing.

Health Care & Education
CBRE touts 97,000 sq. ft. lease for Newark public schools

Newark’s public school system has opened a new central office in the city’s downtown, following a 97,000-square-foot lease announced Friday by CBRE.

Professional Services
SIOR names NAI Mertz broker as N.J. chapter president

A longtime broker with NAI Mertz has taken over as New Jersey chapter president for the Society of Industrial and Office Realtors.

Top News
Murphy announces pick to lead EDA

Gov. Phil Murphy has named a former banker and current public official in Connecticut as the next CEO of the powerful New Jersey Economic Development Authority.

Finance & Capital Markets
Cross River hires veteran banker to grow CRE lending division

A veteran loan officer has joined Cross River, a Fort Lee-based bank with a growing multifamily and commercial real estate division.

Professional Services
NAI Hanson adds new sales associate

A sales associate with a background in property management and technology has joined the ranks at NAI James E. Hanson, the real estate services firm said Tuesday.

Photos
PHOTOS: NAIOP New Jersey’s annual meeting and commercial real estate outlook

A crowd of more than 300 turned out Monday, Jan. 22, for NAIOP New Jersey’s annual meeting and commercial real estate outlook event.

Trend Watch
Trend Watch Jan. 24: IT sector fuels office demand

The IT sector surpassed the financial services and pharmaceutical/life sciences segments as a driver of growth for the New Jersey economy and the commercial real estate market.

Office
CBRE, Gensler weigh impact of driverless cars on real estate (SLIDESHOW)

CBRE and Gensler co-hosted a client event in early December, held at Gensler’s newly renovated office headquarters in Morristown and attended by more than 100 industry professionals.

Office
Prism set to begin high-end office project in downtown Morristown

A rare infusion of new Class A office space is coming soon to downtown Morristown, as a developer prepares to begin a project that will deliver about 50,000 square feet to the central business district.