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
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.

Office
Gottesman, Mountain Development name leasing team for West Windsor office sites

The owners of a two-year-old office building and an adjacent development site in West Windsor have tapped Mercer Oak Realty LLC to oversee leasing for the properties, the firms announced.

Office
Sanzari inks five renewals at Teaneck office buildings

Five office tenants have committed to staying in place at the mixed-use Glenpointe complex in Teaneck, according to property owner Alfred Sanzari Enterprises.

Events
SIOR members get tips on maximizing CRE income (PHOTO)

A recent event hosted by the New Jersey chapter of the Society of Industrial and Office Realtors focused on maximizing commercial real estate income.

Personalities
Strategic approach: Bergstein reflects on blockbuster deals and Lincoln Equities Group’s plans to diversify

During his more than 25 years with Lincoln Equities Group — including a full decade as its top executive — Joel Bergstein has seen plenty of changes in the commercial real estate sector.

Office
High-end Italian sunglasses maker moves HQ to Secaucus

An Italian eyewear company has moved its North American headquarters from Morris County to some 55,000 square feet of newly designed office space in Secaucus.

Office
Michigan financial firm leases space in Parsippany, NAI Hanson says

A mortgage banking firm has leased more than 3,000 square feet at a Parsippany office building, in a deal orchestrated by NAI James E. Hanson.

Top News
South Jersey office leasing shows improvement in Q2, WCRE says

By Joshua Burd The southern New Jersey office market picked up steam in the second quarter after what had been a cautious start to the year, according to new research from an area real estate firm. In its newest market…

Office
Brooklyn startup offered $32 million tax credit to move to former Roche campus

The state has offered a $32.3 million tax credit to a Brooklyn-based biotech firm that is considering a move to the former Hoffmann-LaRoche campus in northern New Jersey.

Finance & Capital Markets
Meridian brokers $70 million loan for Somerset’s Bell Works project

Investors Bank is providing a $70 million loan to Somerset Development for its landmark Bell Works project in Holmdel, under a financing deal negotiated by Meridian Capital Group.