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.

Health Care & Education
Fennelly: East Windsor medical office building trades for $3 million

A private investor has purchased a single-tenant, 10,000-square-foot medical office building in East Windsor, brokers with Fennelly Associates announced Wednesday.

Editor’s Note
Changing times

As you’ll read in this month’s cover story, redevelopment is coming to some of New Jersey’s largest malls — from the mecca of Paramus to Burlington County — as owners and local officials mull the future of their cherished shopping centers. Increasingly, those plans call for bringing new apartments, health care facilities and vibrant public spaces meant to create new foot traffic. Many of these projects are now moving forward in the Garden State, with more to follow, despite pockets of opposition and the challenge of repurposing a sprawling property with longstanding anchor tenants.

Office
Brennan rejoins Cushman as managing director in New Jersey

Industry veteran Kim Brennan has returned to Cushman & Wakefield, where she will focus on business development in the office and corporate real estate sectors.

Finance & Capital Markets
JLL sources $17.5 million loan to refi 218,000 sq. ft. White Plains office campus

The owner of two office buildings in New York’s Westchester County has refinanced the assets for $17.5 million, in a deal arranged by JLL’s Morristown-based capital markets team.

Office
Hx2, JLL detail plans for 100,000 sq. ft. life sciences facility at Trenton’s Roebling Center

A developer has unveiled its plan for a 100,000-square-foot life sciences facility in Trenton as part of its ongoing adaptive reuse of the historic Roebling Center factory complex.

Professional Services
Three NAI Hanson brokers honored by Meadowlands Chamber as Emerging Leaders

The Meadowlands Chamber has recognized three brokers with NAI James E. Hanson as part of its recent Emerging Leaders program, the real estate services firm announced.

Events
VIDEO: The Newark Redevelopment Update

Watch the full presentation from our June 7 seminar, where the developers and insiders behind Newark’s most important commercial real estate projects debated the long-held opportunities and challenges in New Jersey’s largest city.

Office
Catholic Charities signs two office leases in Hamilton, Fennelly says

A local Catholic Charities affiliate has leased nearly 17,000 square feet of office space across two buildings in Hamilton, brokers with Fennelly Associates said Thursday.

Office
Vantage Commercial brokers sale of twin office buildings in Camden County

A two-building, 20,000-square-foot office portfolio has changed hands in Camden County’s Waterford Township, under a deal arranged by Vantage Commercial.

Office
SJP breaks ground on 260,000 sq. ft. Sanofi office building at M Station in Morristown

Construction is set to begin on Sanofi’s new 260,000-square-foot flagship office building in Morristown, under the second phase of a high-profile redevelopment by SJP Properties.