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
Biopharma firm sells 500,000 sq. ft. Newark office building, parking garage for $49 million

A biopharmaceutical company has sold the site of its headquarters in Newark, a well-known office tower spanning nearly 500,000 square feet, in a deal valued at more than $49 million.

Professional Services
Sheldon Gross Realty tapped to manage Fair Lawn medical office building

The owner of a nearly 26,000-square-foot medical office building in Fair Lawn has tapped Sheldon Gross Realty to provide property management services at the site.

Office
Five-building, 184,000 sq. ft. Cherry Hill office portfolio sells for $21.4 million, Marcus says

A private investor has purchased a nearly 184,000-square-foot office campus in Cherry Hill for $21.4 million, in a newly announced deal by Marcus & Millichap.

Office
NAI Hanson: Investor buys 26,000 sq. ft. medical office building in Bergen County

NAI James E. Hanson has negotiated the sale of a 25,944-square-foot medical office building in Fair Lawn, the real estate services firm announced Thursday.

Office
Larken Associates, retina practice sign 6,000 sq. ft. renewal in Lawrenceville

Larken Associates has announced a renewal by a longtime medical office tenant at a nearly 50,000-square-foot campus in Mercer County.

Professional Services
Inside C&W’s ambitious plan to add talent, market share in long-established New Jersey office

Cushman & Wakefield is revamping how it identifies and pursues new business opportunities, all while rethinking its brokers’ approach to serving clients and advancing the long-held goal of creating a one-stop shop for its many disciplines and service lines.

Office
Grid: Journal Square office building nears full occupancy after 27,000 sq. ft. in recent leases

A vocational school has leased nearly 9,000 square feet at a historic commercial building in Jersey City, in one of several newly announced deals by Grid Real Estate.

Office
Newmark: Ownership eyes $25 million revamp of 668,000 sq. ft. Red Bank-area office campus

A joint venture is investing $25 million to revitalize a nearly 670,000-square-foot office campus outside Red Bank, where it has tapped Newmark as its exclusive leasing agent.

Finance & Capital Markets
JLL: Owner of 210,000 sq. ft. ex-headquarters building in Union Twp. refis for $31 million

The owner of a well-known office building in Union Township has landed $31 million to refinance the 210,000-square-foot property, in a deal arranged by JLL.

Office
Onyx details Morgan Stanley, Zelis leases in Morristown totaling 170,000 sq. ft.

Onyx Equities is detailing two major deals at a newly overhauled, 400,000-square-foot office building near downtown Morristown, where it has leased a combined 170,000 square feet to banking giant Morgan Stanley and health care technology company Zelis.