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.

Government & Public Policy
EDA adopts changes to Aspire tax credit program amid higher development costs, increased need for affordable housing

The state has approved several key changes to Aspire, the tax credit program for developers, as it looks to expand eligibility and ensure its continued role in affordable housing production.

Community
Sanzari Family Foundation details $50,000 in fall grant funding for nonprofits, health care

The Alfred N. Sanzari Family Foundation has awarded 12 new grants totaling $50,000 that will support a series of community-focused programs throughout northern New Jersey.

Office
McKinsey plans move to Newark, eyeing new home for hundreds of New Jersey employees

Global consulting firm McKinsey & Co. has found a new home in New Jersey, in downtown Newark, where it will bring together some 700 employees currently spread across two offices.

Health Care & Education
Renewals at Belleville medical office campus among newest deals by NAI James. E Hanson

The owner of a medical office complex in Belleville has completed two lease renewals totaling more than 5,000 square feet, according to a team with NAI James. E Hanson.

Office
Ware Malcomb touts completion of redesigned common spaces, upgrades at Parsippany campus

Design firm Ware Malcomb is detailing its renovation and rebrand of two office buildings in Parsippany, where it worked on behalf of Onyx Equities.

Office
Developers reveal new office, retail space at former Montclair warehouse property

A joint venture has unveiled 20,000 square feet of new high-end office and retail space in Montclair after completing its adaptive reuse of a former self-storage warehouse.

Office
Regus, Spaces parent IWG doubles down in New Jersey with 12 new locations

Despite a week of bad headlines for the coworking industry, the world’s largest provider of flexible workspaces is in the midst of a major expansion in New Jersey.

Top News
Edison Properties, Newark officials unveil ‘Jerry Gottesman Way’ honoring late real estate icon

A new street sign in downtown Newark is paying tribute to the late Jerry Gottesman, the visionary real estate executive who spent decades advocating for the city’s revitalization.

Event Coverage
NAIOP New Jersey honors seasoned executives, aspiring leaders at annual awards dinner, in show of strength for state’s commercial real estate industry

Commercial real estate leaders descended on East Rutherford on Monday night for NAIOP New Jersey’s annual President’s Awards and Hall of Fame Dinner, where the chapter honored a group of well-known executives and service providers for their contributions to the industry.

Cover Story
The next chapter: Inside 601W’s plan to reposition Jersey City’s iconic Harborside office complex

Manhattan-based 601W Cos. is advancing its plans to reposition Harborside buildings 1, 2 and 3 in Jersey City, a nearly 2 million-square-foot office complex along the Hudson River, after acquiring the property from Veris Residential Inc. for $420 million.