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.

People
CBRE names new co-leader of N.J. capital markets group

By Joshua Burd CBRE Group Inc. has promoted one of its longtime brokers and office market experts to co-leader of its capital markets group in New Jersey, the real estate services firm announced. Jeremy Neuer takes over the position after…

Office
Secaucus office buildings fetch $21 million, CBRE says

A real estate investment firm has reaped $21 million from the sale of two office buildings in Secaucus, following a transaction brokered by CBRE Group Inc.

Office
New ownership, renovations drive leasing at Meadowlands office building

Bergman Real Estate Group has inked more than 30 leases at a Lyndhurst office building since acquiring it last year, driving up occupancy at the 120,000-square-foot property.

Finance & Capital Markets
Investors Bank: Recent CRE loans total more than $280 million

Investors Bank has continued its push to lend across different sectors of commercial real estate, originating more than $280 million in financing for 10 major transactions in recent weeks.

Office
Weiss brokers 130,000 sq. ft. office, flex sale in Morris County

A partnership has sold a 130,180-square-foot office and flex building just outside Parsippany, in a deal brokered by Weiss Realty.

Office
Saxum acquires two commercial buildings in downtown Summit

Development and investment firm Saxum Real Estate has acquired two adjoining properties in downtown Summit, including one that it plans to renovate and market for lease.

Professional Services
CBRE names new head of project management in N.J.

CBRE Group has announced a new leader for its New Jersey project management team.

Personalities
Family tradition: With clients that go back decades, Zimmel Associates spans three generations

For Zimmel Associates, continuity goes hand in hand with a business that he founded with his late father, Bernard Zimmel, and one that now includes a third generation. Not one, but three of Zimmel’s four sons work at Zimmel Associates today, positioning it for continued success in the years ahead.

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.