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.

Contributors
No such thing as ‘business as usual’ for the CRE industry

How developers and local leaders can respond to changes in business, demographics By Michael G. McGuinness Economic, industry and demographic trends are changing the way business is done in New Jersey — and impacting the strategies of investors, developers and…

Office
With redevelopment in sight, the end is near for Hub City parking deck (VIDEO)

The demolition of an aging parking structure in New Brunswick is nearly complete, clearing the way for a developer to rebuild the site as a 1.7 million-square-foot transit village.

Office
Tenants wanted for new-look Bedminster office space (PHOTOS)

Brokerage and design teams have completed a series of upgrades aimed at repositioning a 100,000-square-foot office building in Bedminster, the firms said this week.

Industrial
Mixed-use complex trades for $7M, Marcus & Millichap says

Marcus & Millichap has brokered the $7 million sale of a four-building complex in Little Ferry, the firm said Wednesday.

Office
Tulfra sells office condo for $4.1 million

Tulfra Real Estate has sold a 27,000-square-foot office condominium in Totowa to the county of Passaic, the development and investment firm said Wednesday.

Office
Energy firm moving HQ to Sanzari-owned building

An energy supplier is among the newest tenants at a Hasbrouck Heights office building after signing a 17,200-square-foot lease with Alfred Sanzari Enterprises, the landlord said.

Office
Engineering giant renews lease at Newark office tower

A global engineering firm has renewed the lease for its longtime home at 2 Gateway Center in Newark, the owner of the 18-story office tower said Tuesday.

Office
How 300 Kimball set the tone in suburban office redevelopment (PHOTOS)

A decision by State Farm Insurance to vacate 300 Kimball Drive in Parsippany was not just an opportunity for Transwestern’s New Jersey team in 2012. It provided a roadmap for other landlords, investors and brokers to create new value within the state’s glut of suburban office stock.

Events
Greenbaum among CRE leaders to be honored at NAIOP gala

Arthur M. Greenbaum, a titan of New Jersey real estate law, will receive a lifetime achievement award and headline the list of honorees at NAIOP New Jersey’s annual gala this spring.

Office
Fort Lee office building near full occupancy after recent deals

A series of leases, renewals and expansions have accounted for more than 33,000 square feet of tenant activity at a 215,000-square-foot office building in Fort Lee, the property’s manager said.