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
RXR, Mack-Cali close on $368M office portfolio sale, HFF says

RXR Realty has completed the $368 million sale of six office buildings in Short Hills and Madison to Mack-Cali Realty Corp., according to HFF, in a high-profile trade involving one of the state’s most high-end suburban submarkets.

Office
EDA approves $245M tax credit for new Camden office tower

State officials have awarded nearly $245 million in tax credits to spur a trio of prominent South Jersey companies to move to Camden as part of the city’s sweeping waterfront redevelopment.

Office
The case for the suburbs: Despite vacancy, owners stand out with dynamic spaces and strategies

Experts say the struggles of New Jersey’s suburban office market are not as clear-cut as many still believe. Those challenges are in fact real, but there are still plenty of opportunities for owners and developers to make a splash.

Top News
Onyx, NGKF look to capture demand for new office space in Morris County

A rendering of the planned upgrades at 340 Mount Kemble Ave. in Morris Township — Courtesy: Onyx Equities By Joshua Burd As Tim Greiner will tell you, there are two things that can’t be changed when an owner is renovating…

Office
C&W: Prism sells Bloomfield office park

Prism Capital Partners and an institutional partner have sold their flagship BroadAcres Office Park a decade after acquiring the four-building, 380,000-square-foot campus in Bloomfield.

Industrial
NAI Hanson brokers health care deals in Morris County

Two health care and life sciences companies have found new homes in Morris County, following a set of leases brokered by NAI James E. Hanson.

Health Care & Education
WCRE brokers medical office lease in Camden County

A women’s medical practice has leased more than 16,000 square feet at a medical office campus in Voorhees, Wolf Commercial Real Estate said.

Office
South Jersey firms unveil plans for $245 million office tower in Camden

Three prominent South Jersey companies, including the insurance firm run by business and political leader George E. Norcross III, have unveiled plans to move their headquarters to Camden under a proposed $245 million office tower on the city’s waterfront.

Office
JLL team provides a cure for New Jersey’s vacant pharma sites

Several of New Jersey’s largest, most prominent life sciences complexes are now on the path toward redevelopment, with new anchor tenants in place or new owners that can reclaim the value of what was left behind.

In the most high-profile cases, a team at JLL has been right in the thick of it.

Office
C&W: Normandy building in Hackensack had strong 2016

New leases and expansions by existing tenants have fueled more than 50,000 square feet in recent deals at a Hackensack office building, brokers with Cushman & Wakefield said.