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
Construction, marketing firms ink leases at West Orange office building, Sheldon Gross says

The owners of a West Orange office building have secured two new tenants with leases totaling nearly 4,500 square feet, in a set of transactions arranged by Sheldon Gross Realty.

Professional Services
Gensler promotes Ellis, interior design expert, to director of workplace consulting studio

Gensler has promoted Jennifer Ellis to director with its Strategy Studio, a practice that guides clients through major changes to their organizations and workplaces.

Government & Public Policy
East Orange project with 420 rentals, commercial space lands $298 million Aspire award

The next phase of a massive redevelopment in East Orange is one step closer to breaking ground with the help of a nearly $298 million tax credit award under the state’s Aspire program.

Office
Axria adds 200,000 sq. ft. Somerset office building, eyes redevelopment, in deal by JLL

Axria has purchased a 200,000-square-foot office building in the Somerset section of Franklin, where it’s now crafting a redevelopment plan that taps into the site’s strong location.

Office
Kislak: Pharma company to open newly acquired 52,000-square-foot office in Basking Ridge

A pharmaceutical company is set to unveil its new headquarters after recently acquiring an office building in Somerset County, according to Kislak Commercial Real Estate Services Inc.

Office
Barnes & Noble Education takes 29,000 sq. ft. for new Florham Park headquarters, C&W says

The parent of Barnes & Noble College has leased more than 29,000 square feet of office space in Florham Park, in a newly announced deal by Cushman & Wakefield.

Technology
Coming together: Collaboration, partnership in focus as Nokia Bell Labs tower breaks ground in New Brunswick

The groundbreaking for Nokia Bell Labs’ new research and office tower in New Brunswick was a celebration of not just the company’s legacy of collaboration in New Jersey, but the public-private partnerships that have brought the project to life.

Residential & Mixed Use
EDA approves $93 million in Aspire, historic tax credits to convert historic Newark office tower to affordable housing

A historic office building in downtown Newark is one step closer to becoming nearly 200 units of affordable housing after securing a pledge for more than $93 million in state tax credits.

People
Axria taps Reeves as development engineering manager, Ryan as CFO

Real estate firm Axria has made two key additions, hiring Daniel Reeves as a development engineering manager and William Ryan as chief financial officer.

Office
C&W: Mountain Development sells 30,000 sq. ft. JURA headquarters building in Montvale

Mountain Development Corp. has sold a nearly 30,000-square-foot flex office building in Montvale for $5.75 million, in a newly announced deal by Cushman & Wakefield.