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
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.

Current Issue
Here are WiredScore’s top adopters in New Jersey (and a breakdown of how it works)

Mack-Cali Realty Corp.’s holdings along the Jersey City waterfront include three buildings that have achieved platinum-level Wired Certification. — Courtesy: Mack-Cali Realty Corp. The adopters of Wired Certification in New Jersey include some of the state’s most well-known owners and…

Office
Piscataway office building sells for $9.1 million

An investor has paid $9.1 million to acquire a 138,266-square-foot office building in Piscataway, in a deal brokered by Colliers International Group Inc.

Office
Singapore REIT pays $115 million for Secaucus office building, CBRE says

A joint venture has reaped $115 million from the sale of a 460,000-square-foot office building in Secaucus, following its purchase of the property in 2014 and nearly $18 million worth of upgrades that attracted Quest Diagnostics as a tenant.