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.

Finance & Capital Markets
Progress sources $61 million acquisition loan for Vision Properties deal in Northern Virginia

An investor has secured more than $60 million in acquisition financing for a 270,000-square-foot office building in Northern Virginia, in a deal arranged by Progress Capital.

Health Care & Education
Physical therapy, sports rehab practice plans new 5,000 sq. ft. location in Medford

A physical therapy practice in Burlington County is expanding with its move to a new 5,000-square-foot location slated to open later this year.

Office
JRM unveils newly delivered, 24,000 sq. ft. headquarters for client in Woodland Park

JRM Construction Management has completed the build-out of a client’s new 24,000-square-foot headquarters space in Woodland Park.

Office
Meal delivery service for seniors buys Westfield commercial building, Sheldon Gross says

A meal delivery business has acquired a 1,500-square-foot commercial building in Westfield for $650,000, in a newly announced deal by Sheldon Gross Realty.

People
Larken promotes Dorell to director of design

Larken Associates has promoted Jillian Dorell to director of design, touting her role in several of the commercial real estate firm’s recent development projects.

Health Care & Education
Biotech firm takes 28,000 sq. ft. in Jersey City, plans move from Brooklyn with EDA tax credit

A biotechnology firm is moving from Brooklyn to Jersey City after being awarded a seven-year, $3.5 million tax credit under the Economic Development Authority’s Emerge program.

Office
JLL: Buyer wanted for Three Gateway in Newark, amid ongoing overhaul of iconic complex

Three Gateway Center, one of four buildings in Newark’s revamped Gateway complex and the home of more than 500,000 square feet of office space, is on the market for sale.

Industrial
Stone Creek Construction Group touts completed projects in Middlesex, Monmouth counties

Stone Creek Construction Group is marking the completion of three projects in central New Jersey, including a design-build renovation of a 38,000-square-foot industrial building in Middlesex County.

Office
Sanofi coming to Morristown in 260,000 sq. ft. lease at M Station

Pharmaceutical giant Sanofi is moving its New Jersey team to Morristown, where it will occupy 260,000 square feet of new ground-up office space built by SJP Properties and Scotto Properties.

Health Care & Education
Savills: Contract drug maker takes 60,000 sq. ft., doubles footprint at EDA campus on Route 1

A specialty pharmaceutical maker has more than doubled its footprint at a state-owned campus in North Brunswick, where it’s set to occupy nearly 60,000 square feet across a full building.