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
AY: Clifton office complex sold for $13M after upgrades

A joint venture has sold two Clifton office buildings for more than $13 million after a recent series of interior upgrades, Avison Young announced Monday.

The Rundown
Tory Burch eyes move to Jersey City from N.Y.

A state authority has offered a nearly $11 million tax credit to entice fashion retailer Tory Burch to move corporate offices from Manhattan to Jersey City.

Office
WCRE brokers lease with Lennar subsidiary in Mount Laurel

A service firm owned by Lennar Corp. has leased 5,500 square feet at a Mount Laurel office building, according to Wolf Commercial Real Estate.

Office
Keystone picks Colliers to lease Bergen County office building

Keystone Property Group has tapped Colliers International to oversee leasing for a newly upgraded office building in Fair Lawn, the real estate services firm said Friday.

People
New property manager joins Denholtz

Denholtz Associates has hired a property manager to help oversee its portfolio in Central Florida, the Matawan-based commercial real estate firm said Wednesday

Office
Massive Kearny redevelopment site welcomes co-working space, restaurant

A sleek co-working space and new restaurant have opened in Kearny, where a company is pushing ahead with a plan to redevelop a historic, 2 million-square-foot former shipyard.

Office
Avison Young brokers 380K sq. ft. in leases in Q3

A technology firm has renewed the lease at its headquarters office in Bridgewater, one of more than 20 deals brokered in the third quarter by Avison Young’s New Jersey office.

Office
Hoboken deal is latest partnership for SJP, Japanese developer affiliate

SJP Properties has expanded its partnership with a Japanese real estate giant, selling a majority ownership stake of its newest Hoboken office building to the company’s U.S. investment arm.

Office
Highs, lows of changing N.J. life sciences real estate market

A wave of acquisition and divestment activity is reshaping the life sciences industry — and its real estate needs — resulting in demands for new office space and a surplus of lab inventory. A new report reminds us that New Jersey is seeing many of those changes firsthand.

Residential & Mixed Use
N.Y. firm eyes 2.3M sq. ft. redevelopment of Newark stadium

A developer has closed on its acquisition of the former Newark Bears baseball stadium in the state’s largest city, paving the way for it to redevelop the site into a sprawling mixed-use neighborhood.