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.

HVAC company buys 4,200 sq. ft. Sussex County office building, NAI Hanson says

An HVAC company has found a new home in Sussex County after acquiring an office building less than a mile from Route 94, in a deal arranged by NAI James E. Hanson.

NAIDB: Middlesex, Union counties stand out as rising rates weigh on N.J. investment sales

Middlesex and Union counties emerged as key focal points for commercial real estate investors in the first half of 2023, accounting for some $700 million in sales through midyear.

Pagano brokers sale of 13,000 sq. ft. Elmwood Park office building

A labor organization has purchased a 13,000-square-foot office building in Elmwood Park, in a deal arranged by brokers with Pagano Co.

LeFrak unveils pickleball courts in iconic Newport neighborhood in Jersey City

The fast-growing pickleball craze has arrived in Jersey City’s acclaimed Newport district, where LeFrak has transformed a plaza space into free pop-up courts that are open to the public.

Stifel takes 51,000 sq. ft. near Morristown, in planned move from Florham Park

Financial services firm Stifel has leased nearly 51,000 square feet of office space in Morris Township, paving the way for it to move its regional branch in New Jersey.

Growing cloud, data backup provider takes 11,000 sq. ft. in Lincoln Park, Equity says

A cloud computing and data backup firm has leased 11,000 square feet of flex space in Lincoln Park, in a newly announced deal by Equity Real Estate Brokerage LLC.

State Farm office takes 1,800 sq. ft. in move to Rochelle Park, NAI Hanson says

The operator of a State Farm agency is moving to Rochelle Park after taking nearly 2,000 square feet of office space in the township, brokers with NAI James E. Hanson announced.

Eisai secures three environmental, health certifications for U.S. headquarters in Nutley

Pharmaceutical company Eisai Inc. has earned three well-known environmental and health and wellness certifications for its 300,000-square-foot headquarters building in Nutley.

Proposed office-to-warehouse site in Parsippany on the market as owner seeks project approval

The site of a vacant office building in Parsippany — one that could be redeveloped as more than 100,000 square feet of new warehouse space — is on the market for sale.

The Garibaldi Group mourns longtime New Jersey broker, partner Peter Blanchard

Peter Blanchard, a longtime commercial real estate broker in New Jersey who spent nearly a half-century with The Garibaldi Group in Chatham, died Wednesday morning.