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
Investor snags $10 million acquisition loan for 125,000 sq. ft. flex, office building in Whippany

The buyer of more than 125,000 square feet of flex warehouse and office space in Hanover has secured $10 million in financing for the deal, according to a team with Progress Capital.

Office
Contractor takes 1,500 sq. ft. at Larken-owned office, medical campus in Skillman

Larken Associates has signed a new lease to bring a general contractor to Montgomery Professional Center, its nearly 48,000-square-foot office complex outside Princeton.

Features
Long-awaited Parsippany project comes with visions of bustling, downtown-style retail

Developers and local officials say they have high hopes for a luxury mixed-use development on Route 10, one with a concept that seemingly relies more heavily on retail and restaurants than typical mixed-use residential developments, in an effort to broaden its appeal.

Professional Services
Ware Malcomb promotes Bahukutumbi to studio manager with Newark-based interiors team

Ware Malcomb has named a new studio manager in its Newark office after promoting a member of its interior architecture and design team.

Office
Medical practice acquires 8,700 sq. ft. Union Twp. office building, Newmark CRE says

A medical practice has purchased a nearly 9,000-square-foot office building in Union Township for $1.625 million, according to a broker with Newmark Associates CRE.

Government & Public Policy
Berkeley Heights makes pitch for investment, development in new marketing campaign

Officials in Berkeley Heights are pushing to attract new private investment, while highlighting a wave of new development already taking place in the Union County township.

Events
United Way honors Fiserv, Samsung deals, while highlighting CREW NJ’s own philanthropy

United Way of Northern New Jersey awarded its 2023 Industrial Impact Award to Samsung at Linden Logistics Center. From left: United Way of Northern New Jersey CEO Kiran Handa Gaudioso, Greek Development Managing Partner David Greek, Greek Development Director of…

Office
NJEA, pharmacy services firm among newest tenants at Rockaway office building, JLL says

The New Jersey Education Association has leased more than 8,000 square feet at a Rockaway office building, in one of three newly announced deals by JLL.

Health Care & Education
GTL unveils new 7,000 sq. ft. Riverdale facility for Regional Cancer Care Associates

GTL Construction of NJ Inc. has completed the interior fit-out for a new cancer treatment center in the Morris County borough of Riverdale.

Events
IOREBA, CREW NJ to host joint networking event on June 5

Two commercial real estate associations are coming together for a joint networking event at the Warren Corporate Center office campus off Interstate 78.