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
Saxum grows portfolio with two downtown acquisitions

A development and investment firm has made new acquisitions in Middlesex and Morris counties, its latest under a recently launched fund for repositioning downtown commercial sites.

Government & Public Policy
Trenton’s pitchman: George Sowa says capital city is open for business

As CEO of Greater Trenton, George Sowa sees a city that has fallen on hard times and has to overcome years of bad press. But Trenton has what it takes to change the narrative, he said, starting with all-important infrastructure such as a transit hub that links to four different rail lines.

Office
NJAR sees new Trenton HQ as ‘a cornerstone project’ for city

NJ Realtors opened its new 20,000-square-foot headquarters on Hamilton Avenue last September, marking the completion of one of the city’s few ground-up construction projects in recent years.

Health Care & Education
REIT taps WCRE to market South Jersey medical office space

An owner has tapped Wolf Commercial Real Estate to oversee leasing for more than 400,000 square feet of medical office space in Moorestown and Washington Township, the firm said.

Finance & Capital Markets
CBRE: Mack-Cali sells 820K sq. ft. Parkway office portfolio for $87M

Mack-Cali Realty Corp. has sold an eight-building office portfolio in Cranford and Clark, in an $87 million sale brokered by CBRE Group.

Office
LG breaks ground on long-awaited HQ in Englewood Cliffs

LG Electronics has broken ground on its new North American headquarters in Englewood Cliffs, a project that is more than seven years in the making after protests, zoning changes and negotiations with residents and conservationist groups.

Office
Colliers: Fintech firm, others drawn to new-look office building

Brokers with Colliers International have leased more than 50,000 square feet at a Union office building, less than a year after taking over marketing for the repositioned complex.

Professional Services
Design firm names partners for the first time

Five top executives at DMR Architects are now partners in the business, marking a new milestone in the 25-year history of the Hasbrouck Heights-based firm.

Office
Onyx, NGKF plan repositioning of Morris County office building

Large-scale upgrades are coming to an office building just outside downtown Morristown, in what will be Onyx Equities’ latest project to reposition an aging commercial property.

Office
Eastman touts 2016 leasing activity in office, retail space

Eastman Cos. recorded more than 110,000 square feet in office and retail leases during the second half of 2016, driven in part by upgrades at its properties around the state.