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
Marcus: Investor buys historic commercial building in downtown Westfield for $5 million

A historic commercial property across from the Westfield train station has changed hands for $5 million, brokers with Marcus & Millichap announced Wednesday.

Health Care
Seven-building, 45,000 sq. ft. medical office park in Clementon sells for $6.7 million

A private investor has purchased a nearly 45,000-square-foot medical office campus in Camden County for $6.7 million, brokers with Marcus & Millichap said Monday.

Office
CPN details latest Princeton-area deals involving education, health care users

Two commercial condominiums in the Skillman section of Montgomery have changed hands for a combined $610,000, in a set of deals arranged by Commercial Property Network Inc.

People
Sigman to retire as LCOR executive vice president, principal at year-end

David A. Sigman, a longtime LCOR executive and a key figure in the developer’s growth in the New York metropolitan region in recent decades, is stepping down at year-end.

Office
Construction, marketing firms ink leases at West Orange office building, Sheldon Gross says

The owners of a West Orange office building have secured two new tenants with leases totaling nearly 4,500 square feet, in a set of transactions arranged by Sheldon Gross Realty.

Professional Services
Gensler promotes Ellis, interior design expert, to director of workplace consulting studio

Gensler has promoted Jennifer Ellis to director with its Strategy Studio, a practice that guides clients through major changes to their organizations and workplaces.

Government & Public Policy
East Orange project with 420 rentals, commercial space lands $298 million Aspire award

The next phase of a massive redevelopment in East Orange is one step closer to breaking ground with the help of a nearly $298 million tax credit award under the state’s Aspire program.

Office
Axria adds 200,000 sq. ft. Somerset office building, eyes redevelopment, in deal by JLL

Axria has purchased a 200,000-square-foot office building in the Somerset section of Franklin, where it’s now crafting a redevelopment plan that taps into the site’s strong location.

Office
Kislak: Pharma company to open newly acquired 52,000-square-foot office in Basking Ridge

A pharmaceutical company is set to unveil its new headquarters after recently acquiring an office building in Somerset County, according to Kislak Commercial Real Estate Services Inc.

Office
Barnes & Noble Education takes 29,000 sq. ft. for new Florham Park headquarters, C&W says

The parent of Barnes & Noble College has leased more than 29,000 square feet of office space in Florham Park, in a newly announced deal by Cushman & Wakefield.