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.

Retail
Mixed-use building in Bergen County trades for $2.6 million

A private investor has sold a 13,500-square-foot retail and office building in Westwood, in a nearly $2.6 million sale brokered by Marcus & Millichap.

Events
NAIOP gala honors projects and CRE leaders of past and present

NAIOP New Jersey unveiled three Deal of the Year awards at its annual gala, which also honored two late industry icons, Arthur Greenbaum and Caren Franzini. The program also recognized three of the state’s leading service firms — JLL, Biggins Lacy Shapiro & Co. LLC and Hollister Construction — before a packed house at The Palace at Somerset Park in Franklin.

Residential & Mixed Use
Upper Montclair properties fetch $3.25 million

A private investor has sold two neighboring mixed-use properties in Montclair for a combined $3.25 million, according to brokers with Marcus & Millichap.

Office
NGKF: Redevelopment, conversion projects increasingly help ‘prune’ N.J. office market

Large vacancies have loomed over northern New Jersey’s office market in recent years, but a series of redevelopment and adaptive reuse projects are now helping to make a dent in the region’s stubbornly high availability rate.

Office
Pharma tenant expands, inks 18,000 sq. ft. lease at Bridgewater campus

A pharmaceutical firm has more than tripled its footprint at a sprawling life sciences campus in Bridgewater, where it has signed a new lease for 18,072 square feet.

Office
Managing the journey at 30 Montgomery

Stephen Sullivan recalls standing across the street from 30 Montgomery around 2014, as he and other Onyx executives looked up at the 15-story building in downtown Jersey City. It was time to make a decision on the future of the 313,000-square-foot tower.

Office
The next challenge: 340 Mount Kemble

After the success of 211 Mount Airy Road last summer, Onyx Equities found its next blank canvas about 10 miles away when it acquired 340 Mount Kemble Ave. in Morris Township.

Office
Edison Properties, city officials kick off $80 million ‘Ironside Newark’ redevelopment

More than 60 years after the birth of what would become Edison Properties in Newark, the firm on Tuesday marked a milestone in its plans to dramatically reshape its footprint in the city.

Office
Onyx takes over leasing, property management for three Gramercy buildings

Onyx Equities LLC is taking over as asset and property manager for Gramercy Property Trust’s three-building, nearly 600,000-square-foot office portfolio in New Jersey, the firms announced.

Current Issue
Value drivers: How Onyx became a top player in New Jersey real estate

John Saraceno Jr. (left) and Jonathan Schultz, co-founders and managing principals of Onyx Equities LLC, have helped grow the company into one of the state’s top private value-add investment firms in New Jersey since its founding in 2004. — Photo…