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
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.

People
Longtime Brandywine general counsel joins Duane Morris

Brad A. Molotsky has joined Duane Morris LLP as a partner in its real estate and energy, environment and resources practice groups, the law firm announced.

The Rundown
Subaru’s Camden plans in jeopardy amid Pa. tax agreement flap

Subaru of America may scale back its plans to expand in Camden in the wake of Gov. Chris Christie’s recent decision to end tax reciprocity between New Jersey and Pennsylvania.

Office
WCRE: South Jersey office market rights the ship in Q3

Office leasing in southern New Jersey bounced back in a major way in the third quarter, notching a 44 percent increase from the previous quarter in the market’s three core counties.

Office
Maker of bonfire and yule logs leases space with Sanzari in Hasbrouck Heights

A maker of specialty firewood and other outdoor products has leased 3,400 square feet of space at a Hasbrouck Heights office building owned by Alfred Sanzari Enterprises.

Finance & Capital Markets
Investors pay $11 million for Piscataway office complex

A private equity group based in Atlanta has acquired two Piscataway office buildings after an $11 million deal orchestrated by Colliers International Group Inc.

Finance & Capital Markets
CBRE: Upgrades coming to Basking Ridge buildings after $9.6M sale

An investment firm will reposition two Basking Ridge office buildings after acquiring them from Mack-Cali Realty Corp., CBRE said Thursday after brokering the sale of the properties.

Retail
C&W brokers sale of three Bayonne properties

Three mixed-use and commercial properties in Bayonne have new owners after a series of deals announced Thursday by Cushman & Wakefield.

Office
Oakland office building changes hands in NAI Hanson-brokered deal

A property owner in northern Bergen County has expanded its portfolio with the purchase of an office and flex property in Oakland, following a deal brokered by NAI James E. Hanson.

Office
Law firm expands at soon-to-be-improved office building

The longest-standing tenant at a Livingston office building has expanded its footprint within the property, Cushman & Wakefield said Wednesda