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
Roseland office building sold for $16.7 million

A special servicer has sold a roughly 280,000-square-foot office building in Roseland for $16.7 million, according to brokers with CBRE Group Inc. who marketed the property.

People
Former financial analyst joins NAI Hanson as sales associate

NAI James E. Hanson has bolstered its sales team with the addition of a new associate in its Hackensack office, the real estate services firm said Thursday.

Office
Bell Works adds flavor, fragrance developer to tenant mix

A flavor and fragrance creator is the latest tenant to commit to the newly imagined Bell Labs complex in Holmdel, where it has leased 60,000 square feet for a new creative hub.

Office
Markeim Chalmers brokers $2.4 million office sale in Cherry Hill

A local investor has paid nearly $2.4 million to acquire a pair of office buildings in Cherry Hill, according to a broker with Markeim Chalmers Inc. who negotiated the deal.

Health Care & Education
Gateway project quickly transforming Atlantic City beachfront (VIDEO)

A mixed-use, $220 million project that could help lift the fortunes of Atlantic City is still a year from completion, but it has already started to transform a parcel of beachfront property in the resort town.

Office
NAI Hanson: Design firm moving headquarters in Summit

An architectural firm is relocating within Summit to nearly 2,400 square feet of sublease space, following a deal arranged by NAI James E. Hanson.

Event Coverage
Panel: Redevelopment coming in all shapes and sizes in Bergen County

From downtown Fort Lee to the idyllic suburbs of Montvale and Park Ridge, Bergen County has become a focal point for New Jersey’s evolving commercial real estate landscape. Many of those changes were on display during a recent conference known as the New Jersey Gold Coast North and Bergen County CRE Summit.

Health Care & Education
Health care investor makes first New Jersey acquisition in Hackensack

A medical office investor has made its entrance to New Jersey, acquiring a 62,000-square-foot building less than a mile from Hackensack University Medical Center.

Office
WCRE: Nonprofit acquires new headquarters building in Voorhees

A nonprofit agency has acquired a 21,654-square-foot office building in Voorhees that will serve as its new headquarters, Wolf Commercial Real Estate announced.

Office
Wired for success: Rating system could change how developers approach connectivity, infrastructure

Earlier this year, the rating service known as WiredScore released a full-fledged set of guidelines, providing a roadmap for professionals involved in new commercial developments. And with the growing importance of data and internet connectivity, the rating system offers the potential to play a major role in office leasing going forward.