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.

Top News
AT&T is leaving its iconic campus in Bedminster. Local officials say they’re more than ready.

Bedminster Township has spent eight years preparing for the possibility that AT&T would vacate its iconic 1.1 million-square-foot campus near the junction of interstates 78 and 287, culminating in in a recent vote to rezone the 194-acre property. Now that the move is imminent, local officials are confident that their efforts will pay off.

Photos
IOREBA hosts bourbon tasting in Fairfield

A group of New Jersey commercial real estate leaders kicked back last week for a special bourbon tasting hosted by the Industrial & Office Real Estate Brokers Association.

Top News
Onyx rebrands Merck campus in Kenilworth, plans full marketing push at BIO conference

Onyx Equities has revealed new details of its plan for the 2 million-square-foot former Merck & Co. campus in Kenilworth, as it prepares a broad campaign to attract life sciences and biotechnology firms seeking both turnkey space and new ground-up facilities.

Office
NAI Hanson: Podiatry practice headed to Hackensack after buying medical office suite

The operator of a podiatry practice has acquired a 1,000-square-foot medical office suite in Hackensack, in a newly announced deal by NAI James E. Hanson.

Residential & Mixed Use
Developers break ground on Parsippany project with downtown-style retail, 498 apartments

A joint venture has broken ground on its redevelopment of a former suburban office property in Parsippany, with plans calling for 60,000 square feet of retail and restaurant space, 498 luxury apartments and a pedestrian-friendly design meant to evoke a town center.

Office
Birch Group, JLL tout flurry of leasing activity at 72,000 sq. ft. Princeton office building

The Birch Group has lured several new tenants to a Princeton-area office building, including the semiconductor maker Broadcom, in a series of newly announced deals by JLL.

Office
Contractor buys Howell office, warehouse property for $2.9 million, Sheldon Gross says

A contractor has purchased a 10,300-square-foot commercial property in Howell for $2.9 million, in a deal arranged by Sheldon Gross Realty.

Editor’s Note
At the ready

The issue of so-called stranded assets is a recurring theme in New Jersey commercial real estate, regrettably so, one that often finds public officials on their heels when they’re left with a vacant, obsolete office park or mall. That is seemingly not the case in Bedminster, where local leaders spent nearly a decade preparing for the possibility that AT&T, its largest taxpayer and employer, would vacate its iconic, 1.1 million-square-foot campus in the township.

Office
Larken, Dynamic ink 15,000 sq. ft. deal for engineering firm’s third expansion in Chester

Dynamic Engineering Consultants PC is once again expanding in downtown Chester, where it occupies more than 15,000 square feet under a lease with Larken Associates.

Professional Services
Inside CSG Law’s new headquarters, an office built for today and tomorrow

CSG Law has opened its new 120,000-square-foot headquarters in Roseland, in a space aimed at helping the firm compete for talent for decades to come, while meeting the need for mobility and flexibility in the wake of the pandemic.