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.

Projects
NAIOP unveils deal of the year finalists for upcoming gala

With two months to go until its annual gala, NAIOP New Jersey has revealed the finalists for its Deal of the Year Awards.

Office
Firm hires former C&W broker to oversee leasing, management

As it makes acquisitions in key downtowns around New Jersey, a growing development and investment firm has added a director to oversee leasing and management of its portfolio.

Professional Services
Kimmerle tapped for final phase of Vitamin Shoppe HQ

Kimmerle Newman Architects is providing architecture and design services for the third and final phase of Vitamin Shoppe’s new corporate headquarters in Secaucus, the firm announced.

Residential & Mixed Use
Developers buy Hackensack site for redevelopment, Alexander Anderson says

Developers plan to convert an office building in downtown Hackensack into 90 luxury apartments after acquiring the property for $2.5 million, according to brokers in the deal.

Professional Services
Three Avison Young brokers earn promotions

Avison Young has elevated two senior brokers and a young associate in New Jersey.

Professional Services
Fast-growing Lee & Associates picks N.J. president to lead expansion

Lee & Associates has tapped the president of the firm’s New Jersey office to lead a strategic expansion of its footprint on the East Coast.

Residential & Mixed Use
Newark rising: Successful projects breed confidence for what’s still to come, panel says

The Newark Regional Business Partnership’s annual Real Estate Market Forecast included an expert panel of developers and professionals. — Courtesy: Harold Banks/Prudential Financial

Office
New owner plans upgrades at office building after $21.5M sale

RXR Realty has sold a 230,000-square-foot Morristown office building to a Boston-based real estate investment firm, in a $21.5 million deal brokered by HFF.

Health Care & Education
A new lease on life: Prism, local officials prepare for ‘next chapter’ of Roche campus

The resurrection of the Roche property in Nutley and Clifton is well underway — and Prism Capital Partners is already seeing tangible signs of the promise that its sprawling campus holds.

Professional Services
AY to open new N.J. office after acquiring former Cresa team

Real estate services firm Avison Young has added a team of seven from the brokerage formerly known as Cresa NJ-North/Central LLC, as part of an acquisition of the business and a move to open a second New Jersey office in Middlesex County.