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.

Community
Larken Associates’ Jillian Dorell named to SCBP’s 40 under 40 list

The Somerset County Business Partnership has recognized Jillian Dorell, director of design with Larken Associates, as a member of its 40 under 40 list for 2023.

Technology
Nokia to open new 360,000 sq. ft. facility in New Brunswick by 2028, eyeing ‘the next 100 years’ of its historic Bell Labs research arm

Nokia Bell Labs will break ground in 2025 on its new 360,000-square-foot facility in downtown New Brunswick, executives said Monday, as they hailed a project that will allow it to remain at the forefront of innovation while boosting its appeal for the state’s future talent pool.

Office
Azarian, Duncan Financial Group ink 1,200 sq. ft. office lease in Midland Park

A financial support company has taken more than 1,200 square feet at The Azarian Building, an 18,000-square-foot office property in Midland Park.

Office
Nokia Bell Labs moving to New Brunswick as sole tenant at new 360,000 sq. ft. research, office tower at city’s HELIX campus

One of New Jersey’s most iconic technology companies is headed to New Brunswick, where it will occupy a new lab and office building that’s slated to include some 360,000 square feet.

Professional Services
Veteran brokers March, Fowler join Lee & Associates New Jersey as senior vice presidents

Lee & Associates New Jersey has bolstered its Edison office with the addition of seasoned brokers Paul March and Mark Fowler as senior vice presidents.

Office
JLL: New-look medical office building in Montvale adds psychology practice as latest tenant

A psychology practice has taken 1,000 square feet at a newly modernized office building in Montvale, according to a leasing team with JLL.

Office
Signature Acquisitions adds three tenants in Cranford as part of Q3 leasing activity

Signature Acquisitions has inked three new leases at a Cranford office building, helping to fuel nearly 24,000 square feet of activity across its New Jersey portfolio in the third quarter.

Office
As Newark’s office market grows, panelists see new strength in city’s long-held assets

Despite uncertainty about the broader office market, the local landscape in Newark is changing for the better, as corporations place a greater premium on culture, experiences and other assets that have long existed in the city alongside its connectivity and access to talent.

Finance & Capital Markets
Denholtz launches rescue capital fund amid real estate market uncertainty

Denholtz Properties has launched what it’s describing as a rescue capital fund aimed at helping commercial real estate operators who are grappling with the market’s financial challenges.

Top News
Jeremy Farrell, LeFrak executive and key figure in Jersey City, dies at age 44

The LeFrak Organization is mourning the loss of Jeremy Farrell, a key executive with the real estate firm and the former corporation counsel for Jersey City.