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.

Health Care & Education
Advocare leases 2,700 sq. ft. in Ocean County, WCRE says

A regional health care practice has taken more than 2,700 square feet of medical office space in Ocean County, in a newly announced deal by Wolf Commercial Real Estate.

Event Coverage
Brighter days ahead: Panelists bullish on Jersey City office market amid historic Bank of America lease, continued residential boom

If there were ever a time for optimism — specifically for Jersey City’s embattled office market — it may as well come after a blockbuster 548,000-square-foot lease. That bullishness was evident Wednesday at the annual Jersey City Summit, where panelists were largely upbeat and confident that the submarket was due for a major uptick after several challenges in recent years.

Office
Newmark: REIT sells net-leased, 87,000 sq. ft. office building in Mount Laurel

A real estate investment trust has sold a Mount Laurel office building that spans more than 87,000 square feet and is home to a single tenant, brokers with Newmark announced.

Office
Fitness, wellness center leases 4,000 sq. ft. at Hamilton flex building, Fennelly says

A health and fitness business has taken 4,000 square feet at a commercial property in Hamilton, in a newly announced deal by Fennelly Associates.

Office
Accordia named third-party manager of three medical office buildings in Montvale

Accordia has added to its third-party management portfolio with new assignments at a trio of medical office buildings in Montvale.

Professional Services
Corporate acquisitions specialist O’Connor joins Resource Realty of Northern New Jersey

Resource Realty of Northern New Jersey has welcomed Blair O’Connor, a seasoned acquisitions executive, as a vice president in its Parsippany headquarters.

Office
Growing life sciences manufacturer leases 5,000 sq. ft. in Springfield, Boniakowski says

A manufacturer in the life sciences industry has taken 5,000 square feet at a Springfield office building, according to a team with The Boniakowski Commercial Real Estate Group.

Office
LeFrak sees Newport office building, with abundant power and industrial-style construction, as a key draw for AI players

In a time in which access to power is at a premium — thanks largely to the needs of Big Data and artificial intelligence — a historic building in Jersey City’s Newport district has emerged as a potential destination for technology firms and other players in the space.

Health Care & Education
Health, wellness practice leases 1,100 sq. ft. in North Brunswick, Fennelly says

A specialty health and wellness practice has taken more than 1,100 square feet at a medical office and retail property in North Brunswick, brokers with Fennelly Associates announced.

Professional Services
Dinallo joins JLL’s New Jersey team as senior vice president

JLL has strengthened its real estate services platform in New Jersey with the addition of Nick Dinallo, an experienced development executive.