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 inks $13 million sale of 28,000 sq. ft. office, retail property in downtown Red Bank

An investment group has sold a mixed-use building in downtown Red Bank for $12.75 million, or more than $450 per square foot, in a deal arranged by Marcus & Millichap.

Office
Sanzari touts lease expansion at Glenpointe by waste collection, recycling firm

A waste collection and recycling firm has expanded at the Glenpointe campus in Teaneck, where it now leases nearly 18,000 square feet from Alfred Sanzari Enterprises.

Office
Newmark named leasing agent for 157,000 sq. ft. Fairfield office building

The owner of a nearly 160,000-square-foot office building in Fairfield has picked Newmark Associates Commercial Real Estate as its leasing agent.

Top News
Mondelēz unveils new $50 million R&D center at 150,000 sq. ft. Whippany building

Mondelēz International Inc. has opened a new $50 million research and development facility in Morris County, where it will look to enhance production, processing and packaging for popular snacks such as Oreos and Ritz crackers.

Office
Connell debuts prepared, healthy meal service for tenants at The Park in Berkeley Heights

The Connell Co. has launched a new prepared meal service for office workers at The Park, its 185-acre business and hospitality campus along Interstate 78 in Berkeley Heights.

Retail
S.Hekemian Group adds furniture, restaurant chains to fill retail space at North Market

The S.Hekemian Group has added three prominent retailers to the mixed-use development that has helped revitalize the former Mercedes-Benz USA campus in Montvale.

Office
NAI Hanson: Mental health organization buys 23,000 sq. ft. Parsippany office building

A community organization has found a new headquarters after acquiring a nearly 23,000-square-foot office building in Parsippany, a broker with NAI James E. Hanson said Thursday.

Events
United Way details eight finalists for annual Commercial Real Estate Network awards

The United Way of Northern New Jersey has announced eight finalists for its upcoming commercial real estate awards program, part of an event that serves as its largest annual fundraiser and draws hundreds of top industry professionals.

Office
Larken, Summit Health ink 4,000 sq. ft. renewal at Springfield office building

Summit Health has signed a renewal at a medical office building in Springfield, where it occupies more than 4,000 square feet under a lease with Larken Associates.

Health Care & Education
Prism breaks ground on 80,000 sq. ft. Hackensack Meridian facility at ON3

Prism Capital Partners has broken ground in Clifton on a new 80,000-square-foot ambulatory care center for Hackensack Meridian Health, the latest addition to its flagship ON3 campus.