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.

Professional Services
Gensler grows workplace strategy team in New Jersey office

Global architecture firm Gensler has added to its team in New Jersey with the hiring of a new strategist in its Morristown office.

The Rundown
KPMG mulling another expansion in Montvale, report says

Less than six months after starting construction on a new technology center in Montvale, KMPG LLP reportedly is seeking to expand its footprint in the borough once again.

Office
Colliers: Workout supplements firm relocating to Newark

A bodybuilding and weight loss solutions company has subleased 11,200 square feet at Robert Treat Center in Newark, according to brokers with Colliers International Group.

Office
At Kearny Point, diversification is key

The wide, light-filled hallways inside Building 78 are lined with glass panels that offer a look into the businesses that have moved into Kearny Point — from a wedding dress designer to a 3D printer to venture capital-backed research labs. All signs point to a project that has succeeded in creating diversity at the 207,000-square-foot flex office space, where the first tenant committed in late 2015.

Office
Biotech startup commits to former Roche campus in Nutley, reports say

A biotech firm has reportedly opted to move its headquarters from Brooklyn to a piece of the former Hoffmann-LaRoche campus in Nutley, following the approval of a $32.3 million state tax credit aimed at luring the company to New Jersey.

Office
Law firm leases 2,325 sq. ft. at Hackensack complex

Alfred Sanzari Enterprises has added another law firm to its tenant roster at Court Plaza, a 335,000-square-foot office complex in downtown Hackensack.

People
Teaneck firm touts addition of third-generation executive

A third generation has joined the leadership team at Key Properties LLC, a Teaneck-based developer and real estate management firm.

Office
Colliers: 33,000 sq. ft. office building sold for $6.2 million

A real estate firm has paid nearly $6.2 million for a South Jersey office building housing a medical practice and an energy firm, Colliers International Group announced.

Office
CBRE announces sale of three Hudson County properties

Three properties in different Hudson County communities have changed hands for a combined $5.5 million, according to brokers with CBRE Group who marketed the buildings.

Government & Public Policy
Growing life sciences firms, Big Pharma giant offered EDA incentives

State officials have approved tax credits meant to help three pharmaceutical firms grow the industry’s footprint in New Jersey, while also dangling a nearly $40 million incentive to keep a global life sciences giant from pulling its U.S. headquarters out of the state.