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.

Health Care & Education
Medical office building fetches $2.9 million in Cherry Hill

An investor has paid $2.9 million to acquire a 40,000-square-foot medical office building in Cherry Hill, according to commercial real estate firm Markeim Chalmers Inc.

Office
WCRE: Camden County office building welcomes new tenant

Wolf Commercial Real Estate has completed a roughly 4,000-square-foot lease at a Camden County office building, the real estate services firm said Friday.

Finance & Capital Markets
Wilcox touts $19 million in financing for Morristown office building acquisition

G.S. Wilcox & Co. has arranged a $19 million loan for a developer’s recent acquisition of a well-known office building in downtown Morristown, the mortgage banking firm said Thursday.

Office
Transwestern scores again with BOMA award at Parsippany office building

A management team led by Transwestern has earned the highest honor from the New Jersey chapter of the Building Owners and Managers Association, thanks to its work at a well-known Parsippany office building.

Residential & Mixed Use
Newark stadium redevelopment, other projects on display at NRBP forum

A developer hopes to break ground by some time next year on a project that would bring thousands of apartments to the site of the former Newark Bears baseball stadium, in one of several plans that are now taking shape around the city’s Washington Park neighborhood.

Residential & Mixed Use
See new renderings of the New Brunswick Performing Arts Center (SLIDESHOW)

New Brunswick Development Corp. has unveiled new renderings of the residential high-rise and theater space that will anchor the highly anticipated New Brunswick Performing Arts Center.

Office
Design firm recommits to Sanzari building in Hasbrouck Heights

An architecture firm has renewed its nearly 10,000-square-foot lease at a Hasbrouck Heights office building, landlord Alfred Sanzari Enterprises announced Wednesday.

Office
Iconic Newark Club available for lease as office space, JLL says

Brokers with JLL are marketing the space that was the longtime home of The Newark Club, the popular gathering spot for New Jersey’s business and political power players for nearly 25 years.

Professional Services
Hosey, a former talent agent, now leading Marcus & Millichap’s growth in New Jersey

Brian Hosey has risen through the ranks of Marcus & Millichap and was hired in 2014 as the regional manager for its northern New Jersey office, where he now oversees a growing sales team of about 40 for the nation’s largest investment real estate brokerage firm for private clients.

Industrial
Zimmel brokers $12.6 million in warehouse, office sales

A privately held distribution firm has sold an 85,000-square-foot warehouse in Woodbridge for nearly $10 million, in one of two recent transactions arranged by Zimmel Associates.