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.

Professional Services
Veteran health care real estate broker Kretowicz joins WCRE as executive vice president

Wolf Commercial Real Estate has bolstered its presence in health care with the addition of veteran broker and industry specialist Kim Kretowicz.

Professional Services
Cresa New Jersey team debuts new space, adds two senior brokers after record year

Brokerage firm Cresa has found a new home in Rutherford, where it has doubled its footprint while also announcing two additions to its team in the region.

Office
Tutoring center takes 5,000 sq. ft. in Summit in lease arranged by Chilmark, Jeffery

A tutoring business has leased 5,000 square feet for a new location in downtown Summit, in a deal arranged by Chilmark Real Estate Services and Jeffery Realty.

Retail
Accounting firm buys 2,900 sq. ft. mixed-use building in Clifton, NAI Hanson says

An accounting firm has purchased a nearly 2,900-square-foot mixed-use building in downtown Clifton, in a newly announced deal by NAI James E. Hanson.

Health Care & Education
Hackensack Meridian breaks ground on new office, health center at mixed-use Metropark site

Construction is set to begin on nearly 250,000 square feet of new corporate and medical office space in Woodbridge, the future home of a Hackensack Meridian Health facility and the first piece of a distinctive mixed-use project at the Metropark train station.

Office
Two-story, 8,600 sq. ft. office building trades in Hammonton, Vantage Commercial says

A private investor has sold a nearly 8,600-square-foot office building in the Atlantic County town of Hammonton, brokers with Vantage Commercial announced last week.

Office
Genmab secures $8.4 million Emerge tax credit for 135,000 sq. ft. expansion in Plainsboro

Global biotech firm Genmab is adding more than 135,000 square feet to its footprint in Plainsboro after being approved for a seven-year, $8.4 million tax credit package from the state Economic Development Authority.

Office
JLL: Children’s Place signs new 120,000 sq. ft. office lease to remain in Secaucus

The Children’s Place is staying put at its longtime home in Secaucus after signing a new lease for 120,000 square feet, in a newly announced deal by JLL.

Office
Sanzari signs new leases at Glenpointe with logistics solutions, biotech firms

Alfred Sanzari Enterprises is adding two tenants to its Glenpointe campus in Teaneck after signing leases with a logistics solutions firm and a global biotechnology company.

Top News
JLL: More moves ahead for life sciences firms seeking higher-end space in New Jersey

New Jersey’s life sciences sector is poised for continued growth in 2024, following a year in which the industry was a key source of demand for commercial real estate owners.