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
C&W: New leases, renewals at Parsippany campus total 50,000 sq. ft.

The Birch Group has secured a series of new leases and renewals at a Parsippany office campus, completing more than 50,000 square feet of activity amid plans to update the property.

Office
Accordia Realty Ventures details new office, retail deals in Essex and Bergen counties

Accordia Realty Ventures has announced several new leases and renewals at office buildings in northern New Jersey, part of a flurry of year-end activity for the Fairfield-based firm.

Office
NAIDB: Vein centers ink leases in northern, central New Jersey for more than 11,000 sq. ft.

Two vein centers are expanding in northern and central New Jersey with more than 11,200 square feet of combined leasing activity, in a series of deals by NAI DiLeo-Bram & Co.

Office
Avon sells longtime R&D center in Suffern, New York to Regeneron, C&W says

Regeneron Pharmaceuticals has acquired Avon’s longtime research and development hub in Suffern, New York, a 235,000-square-foot facility less than a mile from the New Jersey border.

Office
Veris under contract to sell Harborside 5, its final office building, for $85 million

Veris Residential Inc. is on the verge of shedding its one remaining office building, a nearly 1 million-square-foot tower in Jersey City that is under contract to sell for $85 million.

Health Care & Education
Landmark Healthcare taps Lee & Associates to lease Elizabeth, Pemberton buildings

The owner of a two-building medical office portfolio in Union and Burlington counties has tapped Lee & Associates New Jersey as its leasing agent for the properties.

Sponsored Content
How to survive the commercial real estate industry in 2024

All of the industry conferences and panels I’ve attended over the last several months have one thing in common — in each, someone has uttered the phrase “Survive to ’25” or the Bee Gees variant “Stayin’ alive till ’25,” either seriously or perfunctorily, as nearly everyone in the commercial real estate market knows that 2024 is going to be a rocky year. Why? Each of the players in the venerable trifecta of tenant, landlord and lender is having problems of their own.

Office
Sanzari, fencing solutions firm ink 4,000 sq. ft. office lease in Elmwood Park

Alfred Sanzari Enterprises has welcomed a fencing solutions company to Elmwood Park Plaza, a 68,000-square-foot office building in the Bergen County borough.

Finance & Capital Markets
Vision, Birch Group refi 228,000 sq. ft. Florham Park office building

Vision Properties and The Birch Group have closed on a long-term refinance of a 228,000-square-foot office building in Florham Park, brokers with Cushman & Wakefield announced.

Health Care & Education
Onyx taps Outshine Properties as leasing, asset management partner as renovations begin at NEST life sciences campus in Kenilworth

Onyx Equities is set to begin renovations at the 2 million-square-foot former Merck & Co. campus in Kenilworth, having teamed with a known life sciences developer to spearhead its plan to upgrade and bring new tenants to the property.