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.

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.

Government & Public Policy
Colliers set to market aviation research park in Atlantic County

Atlantic County officials have hired Colliers International Group to market the first piece of the new Stockton Aviation Research and Technology Park, the firm announced.

Office
Onyx, Rubenstein sell repositioned Basking Ridge building for $98.5 million

A joint venture has sold a 306,000-square-foot office building in Somerset County for nearly $100 million, following a sweeping renovation that modernized the 40-year-old property and attracted a global pharmaceutical company as a headquarters tenant.

Office
NAI Hanson marketing medical office building near Hackettstown hospital

Atlantic Health System has tapped brokers with NAI James E. Hanson to market a medical office building on the campus of Hackettstown Medical Center, the real estate services firm announced.

Office
Office market takes small step forward in Q2, NKF says

The state’s office market saw modest gains during the second quarter, even as landlords continue to grapple with high vacancy and new blocks of space coming available in suburban locations.