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
Office REIT paying $313 million for Jersey City building

A real estate investment trust will pay $313 million for a Jersey City office tower, the company said, marking its second major acquisition in the state in two months.

Office
Tech-focused Ironside Newark project earns Wired Certified Platinum status

Edison Properties’ plan to build more than 450,000 feet of modern, loft-style office space at a historic Newark warehouse has earned the recognition of WiredScore, a rating service for technology and connectivity in commercial buildings.

Office
NAI Hanson: Brooklyn management firm moving to Bergen County

A property management firm is relocating from Brooklyn to a recently upgraded office building in Bergen County, following a 1,440-square-foot lease arranged by NAI James E. Hanson.

Residential & Mixed Use
A new corporate address: Flexible-stay community brings a new type of amenity to Florham Park campus

In a time when developers are increasingly creative with the amenities they offer at suburban office parks, corporate housing has become the latest offering at a campus in Florham Park.

Government & Public Policy
With ‘critical’ election looming, industry leaders set to gather for NJBA fundraiser

In a state that is undergoing sweeping changes to its economy and demographics, real estate leaders are gearing up to make sure that those changes are well-known to elected officials.

Office
Colliers named leasing agent for Hamilton office building

The owner of a 120,000-square-foot office building in Hamilton has tapped brokers with Colliers International to market the property for lease, the real estate services firm announced.

Professional Services
WCRE makes key promotion, new hire in executive ranks

Wolf Commercial Real Estate recently promoted an executive to the role of chief operating officer, while also hiring a new business development officer.

Office
Coverage of 2 Gateway Center from Real Estate NJ

Minno & Wasko Architects and Planners will relocate its office in downtown Newark under a newly signed 3,500-square-foot lease at 2 Gateway Center, owner C&K Properties announced.

Policy Page
With a state government in transition, let’s build on our progress

As we prepare for the next governor and potential changes in the Legislature, it is important to recognize what New Jersey has accomplished in the last several years, continue this momentum and support these programs and initiatives. Our economy is certainly getting better, based on all the construction taking place and today’s low unemployment rate. Affordability and stagnant wages, however, remain challenges to many and are a big reason why a huge proportion of millennials are still living at home with their parents. Without immigration, our population would be dwindling.

Office
Eastman touts 120,000 sq. ft. in first half leasing activity

About 30 tenants have inked leases with Eastman Cos. in the first half of 2017, contributing to 120,000 square feet of activity across the firm’s commercial portfolio in New Jersey.