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
Bergen County office building trades for $7 million

A private investment firm has acquired a 30,000-square-foot office building in Ramsey, in a $7 million transaction brokered by Brown Commercial Real Estate Services.

Office
NAI Fennelly brokers new deals in Mercer, Middlesex

The owner of six Princeton-area commercial buildings has sold one of the properties for $4.9 million, one of several recent deals announced by NAI Fennelly.

Office
Fintech firm’s 160K sq. ft. lease ‘legitimizes the Newark market’

A global financial technology firm has leased 160,000 square feet at 2 Gateway Center in Newark, planting a flag in the city with one of the downtown’s largest new office deals in recent years.

Office
Garden State of mind: Postell, McDonough reflect on five years since the opening of Transwestern’s N.J. office

Transwestern, which is now marking five years since it officially opened in New Jersey, has since become a player in the state’s office, industrial and retail sectors. It has seen its annual transaction volume double since 2012 — while its property management portfolio has grown during that time to 4 million square feet from 485,000 square feet — with a platform that offers more than just brokerage services.

Finance & Capital Markets
Investors: N.J. office, retail sites among $100M in recent loans

With an uptick in demand that started last fall, lenders with Investors Bank have financed more than $100 million in commercial real estate transactions in recent weeks.

Retail
Transwestern brokers dance academy lease in Teaneck

A dance academy has joined the roster at a Teaneck commercial building, following a nearly 3,100-square-foot lease brokered by Transwestern.

Office
Blau & Berg touts new deals in Short Hills

Seven tenants have inked new leases at a Short Hills office building, accounting for more than 20,000 square feet of recent activity.

Professional Services
A new era for commercial real estate: In the built environment, health and wellness is now more important than ever

Designed by NK Architects, the New York Blood Center demonstrates how bringing natural daylight into an interior can enhance the workplace environment. — Courtesy: NK Architects By Ben P. Lee Understanding market trends is a key of successful real estate…

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.