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
Sanzari, union chapter complete 6,000 sq. ft. office lease in Elmwood Park

Alfred Sanzari Enterprises has negotiated a 6,029-square-foot office lease in Elmwood Park with the United Food and Commercial Workers Union Local 888.

Office
SJP completes first two phases of McCarter’s revamped 100,000 sq. ft. office in Newark

An affiliate of SJP Properties has completed two phases of a plan to overhaul the five-floor, 100,000-square-foot office space in Newark that is home to McCarter & English LLP.

Office
WCRE inks sale of 55,000 sq. ft. Marlton office building

A partnership has purchased a fully leased, 55,000-square-foot office building in Evesham, according to a brokerage team with Wolf Commercial Real Estate.

Office
Eisai unveils 300,000 sq. ft. U.S. headquarters at Prism’s ON3 campus

A pharmaceutical company has opened its new U.S. headquarters in Nutley, where it occupies some 300,000 square feet as part of Prism Capital Partners’ acclaimed ON3 campus.

Professional Services
Sheldon Gross Realty names new assistant vice president

Sheldon Gross Realty has promoted Matthew Leonelli to the role of assistant vice president.

Office
Larken Associates negotiates lease for flexible workspace at Amwell Mall in Hillsborough

Larken Associates has negotiated a lease with NJ Real Estate Boutique at the Suite Life at Amwell Mall, a 4,246-square-foot next-generation workspace for corporate professionals, freelancers and contractors in Hillsborough.

Top News
LCOR reveals new-look office, apartment towers amid plan to transform Hoboken terminal

A developer has unveiled new details of a plan to transform the area around Hoboken Terminal, including a proposed 635,000-square-foot office tower and nearly 400 apartments alongside open space, infrastructure upgrades and a renovation of the historic transit hub.

Finance & Capital Markets
Buyers of Hoboken office building land $184 million financing package, Meridian says

An investment group has secured nearly $184 million in financing for its recent acquisition of a prominent office building in Hoboken, in a deal arranged by Meridian Capital Group.

Events
ULI to honor top New Jersey projects, industry players at 2022 awards gala

The Urban Land Institute of Northern New Jersey is set to honor more than a dozen commercial real estate projects, deals and industry leaders as part of its upcoming annual awards gala.

Office
LPC touts 12,000 sq. ft. in new leases among recent deals at Parsippany office building

The owner of a Parsippany office building has inked three new leases for a total of nearly 12,000 square feet, while also completing a series of renewals and expansions at the property.