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
Real estate, law firms among newest tenants at revamped West Orange office building

The owner of a repositioned office building in West Orange has secured seven new tenants with nearly 74,000 square feet of leasing activity, brokers with JLL announced.

Top News
JLL: Long Island office building is ‘ripe for redevelopment’ as industrial, multifamily

JLL’s Morristown-based investment sales team is marketing another potential redevelopment site at an aging office property, this time in the Long Island community of Melville.

Editor’s Note
Taking notice

As you’ll read in this month’s cover story, developers are laying the groundwork for what could be a new wave of apartment construction in downtown New Brunswick, seeking to meet the needs of workers that will come from the transformative, large-scale commercial projects that are taking shape. City officials say they’ve approved plans for residential projects with more than 2,000 units since the start of 2022, with hundreds more in the pipeline, setting the stage for a major infusion of new housing.

Office
Onyx: Fintech insurance firm Acrisure takes 43,000 sq. ft. at The Arbors in Parsippany

Onyx Equities has leased more than 43,000 square feet in Parsippany to Acrisure, a major fintech insurance firm, inking its latest deal at a revitalized five-building office campus.

Office
Casio leases 35,000 sq. ft. in Jersey City, Rockaway office deals in new real estate strategy

Casio America Inc. will lease nearly 35,000 square feet of office space across two new locations, including a headquarters in Jersey City and an operations center in Rockaway Township, as part of a plan announced this week to reconfigure its footprint in the region.

Office
Wealth management firm leases 3,600 sq. ft. in Cherry Hill office deal, WCRE says

A financial services firm has taken 3,600 square feet at a Cherry Hill office building, in a newly announced deal by Wolf Commercial Real Estate.

Residential & Mixed Use
Connell unveils new renderings of two-phase, 328-unit rental project in Berkeley Heights

The Connell Co. is offering a new glimpse of the two apartment buildings it’s developing at The Park, its flagship business and hospitality campus in Berkeley Heights.

Events
Milanaik to receive lifetime achievement award as NAIOP honors top CRE deals, professionals

Esteemed developer Jeff Milanaik will headline this year’s NAIOP New Jersey Commercial Real Estate Awards Gala, where the association will also unveil its coveted Deal of the Year winners while honoring several other key figures and service providers.

People
Lange joins Hampshire as chief financial officer

The Hampshire Cos. has named Carolyn Lange as its new chief financial officer, the Morristown-based real estate investment and development firm announced Tuesday.

Health Care
Doren Development inks 4,000 sq. ft. lease in Passaic for plasma donation center’s third location

Doren Development has secured a new tenant at a Passaic office building after leasing 4,000 square feet to a plasma donation center.