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.

Vantage inks 2,000 sq. ft. lease in Voorhees for addiction, mental health service provider

A provider of addiction treatment and mental health services has leased 2,000 square feet of medical office space in Voorhees, brokers with Vantage Commercial said Thursday.

NAIOP New Jersey to honor Preston, other industry leaders at 35th annual gala

A longtime development executive will headline the slate of honorees at this year’s NAIOP New Jersey gala, where the organization will also highlight two key service professionals and the firm behind several high-profile projects in the state.

SJP reacquires key Hoboken office building in joint venture, touting rare large-block availability

SJP Properties has regained full control of a three-building, 1.5 million-square-foot office and retail complex in Hoboken that it built over more than a decade, having reacquired the initial phase as part of a joint venture with David Werner Real Estate Investments.

CBRE: Beverly Hills-based firm closes $261 million deal for Sanofi campus in Bridgewater

A brokerage team has identified a California-based investment firm as the buyer in the recent sale of the nearly 675,000-square-foot Sanofi U.S. headquarters campus in Bridgewater.

Atkins Cos. founder, patriarch Steve Atkins dies at 97

Atkins Cos. is mourning the loss of S. Stephen Atkins, the founder of the multigenerational commercial real estate firm based in West Orange, who died Saturday at age 97.

NAI Mertz announces two promotions

NAI Mertz has promoted Chris Matus to director and Jared Licht to senior associate.

Sale of 48,000 sq. ft. Parsippany office building among latest Newmark Associates deals

Two Morris County commercial buildings have changed hands for a combined $7.5 million, in a set of newly announced transactions by Newmark Associates.

ESG: An effective agent for positive change and a profitable ROI for CRE

What is ESG — or environmental, social and governance? It is basically a framework to assess how a commercial real estate portfolio manages risks and opportunities resulting from shifting conditions, market and otherwise, to environmental, social and economic systems. Environmental criteria address a company’s impact on and stewardship of the environment. Social criteria refer to how a company manages relationships with and creates value for stakeholders, such as customers, employees, suppliers, communities and shareholders. Governance criteria refer to a company’s leadership and management philosophy, practices, policies, internal controls and shareholder rights, including diversity, equity and inclusion and transparency of procedures and decision-making.  

JLL inks sale of 79,000 sq. ft. office, R&D building in Montvale

A private investor has purchased a nearly 80,000-square-foot office and research complex in Montvale, according to brokers with JLL’s New Jersey capital markets team.

NAI Hanson: Wellness, surgery center coming to Clifton building

NAI James E. Hanson has negotiated a lease for 1,761 square feet of medical space at 1135 Broad St. in Clifton, the real estate services firm announced.