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
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

Office
Firm acquires, plans HQ at Bergen County office building

A medical communications firm has acquired an office building in Upper Saddle River that will serve as its new corporate headquarters, according to NAI James E. Hanson.

Office
Tech developer recommits to Bridgewater office park, SJP says

Qualcomm Inc. has renewed its lease for 125,472 square feet at Somerset Corporate Center, SJP Properties’ master-planned office complex in Bridgewater, the landlord said Tuesday.

Office
Garibaldi marketing 310K sq. ft. sublease in Bridgewater

The Garibaldi Group has been tapped to sublease an eight-story, 310,000-square-foot office building in Bridgewater, part of the Class A campus known as Somerset Corporate Center.

Health Care & Education
Prism prepares for ‘next chapter’ of iconic Roche campus

An affiliate of Prism Capital Partners has closed on its purchase of the former Hoffman-La Roche campus in Nutley and Clifton, clearing the way for the developer to recreate the 116-acre site with a mix of new commercial tenants, retailers and residential development.

Office
PSEG headquarters tower in Newark sells for $174.5M

A real estate investment trust has sold the Public Service Enterprise Group headquarters tower in Newark for nearly $175 million, according to the seller and brokers involved in the deal.

Office
N.J. office market mounts a comeback in Q3, JLL finds

After a sleepy first half of the year, New Jersey’s office market woke up in the third quarter. And it did so in a big way — thanks to a flurry of high-profile leases that reached the finish line.

Finance & Capital Markets
Essex County office park offers reuse potential, HFF says

A four-building, 403,379-square-foot office park has hit the market in West Orange.

Office
What makes N.J. attractive to growing companies?

A panel discussion hosted by NAIOP New Jersey focused on why and how “next-generation” companies are able to grow in the Garden State — and how the commercial real estate industry can support them in their growth.