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
Archer P.C. among law firm renewals at Sanzari campus in Hackensack

A flurry of renewals with law and accounting firms have helped drive recent leasing at an office complex in downtown Hackensack, owner Alfred Sanzari Enterprises announced.

Residential & Mixed Use
Lotus names four architecture firms for Newark stadium redevelopment

The firm seeking to redevelop the Newark Bears baseball stadium has lined up a team of architects for the ambitious project, which could create up to 2,000 residential units, 400,000 square feet of office space and a mix of retail, cultural and public spaces.

Office
Allergan subsidiary leases, acquires Branchburg office buildings, NKF says

A subsidiary of the pharmaceutical company Allergan has acquired two Branchburg office buildings where it had just signed leases for more than 280,000 square feet, according to the real estate services firm Newmark Knight Frank.

Top News
Rutgers announces 2017 advisory board members

The Center for Real Estate at the Rutgers Business School has unveiled its 2017 advisory board and council of emerging leaders, adding to a roster that has come to include dozens of industry heavyweights and top professionals in New Jersey.

Office
Roseland office building sold for $16.7 million

A special servicer has sold a roughly 280,000-square-foot office building in Roseland for $16.7 million, according to brokers with CBRE Group Inc. who marketed the property.

People
Former financial analyst joins NAI Hanson as sales associate

NAI James E. Hanson has bolstered its sales team with the addition of a new associate in its Hackensack office, the real estate services firm said Thursday.

Office
Bell Works adds flavor, fragrance developer to tenant mix

A flavor and fragrance creator is the latest tenant to commit to the newly imagined Bell Labs complex in Holmdel, where it has leased 60,000 square feet for a new creative hub.

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.