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
Life sciences firm takes 27,000 sq. ft. at Princeton-area office building, CPN says

A contract research organization has leased nearly 27,000 square feet of office space in Plainsboro, in a newly announced deal by Commercial Property Network Inc.

Office
Leasing slowdown, consolidations weigh on New Jersey office market, despite Class A deals

Office vacancy in northern and central New Jersey continued upward in early 2023, driven by a slowdown in leasing and large blocks of space flooding the market, even as high-end buildings remained a draw for tenants seeking a more modern work environment.

Office
Signature inks renewals with law firms in Parsippany, with Q1 deals totaling 29,000 sq. ft.

A regional law firm has renewed its nearly 8,600-square-foot lease for office space in Parsippany, in the largest of several newly announced deals by Signature Acquisitions.

Health Care & Education
Atkins, Denholtz acquire 490,000 sq. ft. health care campus in Westchester County

Atkins Cos. and Denholtz Properties have teamed to acquire a 490,000-square-foot health care and medical office campus in Westchester County.

Office
Veris Residential completes $420 million sale of 1.9 million sq. ft. Harborside complex

Veris Residential Inc. has completed its high-profile, $420 million sale of Harborside buildings 1, 2 and 3 in Jersey City, the real estate investment trust said Wednesday.

Sponsored Content
The Morris County EDC Presents the 30th Annual Partners in Economic Development Awards

 At the 30th Annual Partners in Economic Development Awards, industry experts from around the state will discuss real estate development in New Jersey and its potential for the next five years. The Morris County Economic Development Corporation is hosting this conference, which will occur on Friday, April 14, 2023, at the Hyatt Regency Morristown. This is a fantastic opportunity for attendees to gain valuable insight into current trends and strategies in real estate development and network with other professionals in the field.

Office
Telecom business inks 7,000 sq. ft. office lease in Summit, in deal arranged by NAI Hanson

A telecommunications firm has taken 7,000 square feet of office space just off Route 24 in Summit, according to a broker with NAI James E. Hanson.

Office
Karafiol, longtime Onyx executive, joins JLL agency team in New Jersey

A key executive with Onyx Equities has returned to brokerage, joining JLL as an executive vice president with the firm’s New Jersey team.

Professional Services
Hilton Realty taps Fennelly to market Princeton-area office, retail buildings for lease

Hilton Realty has picked Fennelly Associates as its leasing team for three prominent commercial properties in and around Princeton.

Office
Fidelco adds to tenant roster at 550 Broad in Newark, in lease with historic nonprofit

Fidelco Realty Group has brought another tenant to a well-known office tower in downtown Newark, inking a lease with a nonprofit that has served the city for nearly a century.