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.

Finance & Capital Markets
CBRE: $62M office deal is latest investment sale in Secaucus

A private investor has paid $62 million to acquire 100 Plaza Drive in Secaucus, making it the latest property to change hands in the town’s signature Harmon Meadow complex.

Office
C&W marketing upgraded office space in Old Bridge

The owners of an Old Bridge office building have hired Cushman & Wakefield to market and lease the 132,000-square-foot property, the commercial real estate services firm said.

Office
South Jersey office building fully leased, has new owner

An investment firm has acquired a Mount Laurel office building after a series of deals to shore up the tenant roster at the nearly 100,000-square-foot complex, the company said.

Office
Colliers: Pine Brook office building trades for $2.5 million

A private investor has paid $2.5 million for an office building just outside Parsippany, in a value-add deal brokered by Colliers International.

People
Bergman hires CRE industry veteran in asset management role

David Iacobucci has joined Bergman Real Estate Group as a senior investment manager, the real estate investment and management firm announced Monday.

Office
Sale of MetLife building caps off revival of former Lucent campus

Fresh off the opening of MetLife Investments’ gleaming new headquarters in Hanover, the state-of-the-art office building has a new owner. For the sellers of the 185,000-square-foot property, it’s the conclusion to one of New Jersey’s biggest redevelopment stories in recent years.

People
Leading N.J. land use attorney Gonchar joining Sills Cummis

Meryl Gonchar, a veteran and well-known land use attorney in New Jersey, has a new home at one of the state’s powerhouse law firms.

Office
Reinventing J.C. waterfront is key to office leasing, panel says

Demand for Class A office space is surging along the Hudson waterfront. But commercial landlords in Jersey City are anything but satisfied.

Office
New dental practice takes over Hackensack building

NAI James E. Hanson has brokered a 1,025-square-feet office lease between a Hackensack landlord and a dental practice, the firm said Thursday.

Office
N.J. sees a rare infusion of sublease space, Transwestern says

Vacant sublease space in New Jersey’s office market has reached its highest level in four years, thanks in part to a string of major corporate relocations within the state in recent months. But experts say that’s no cause for alarm.