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.

Editor’s Note
System updates

As you’ll read in this month’s cover story, New Brunswick is marking its latest and perhaps most monumental investment in health care with the opening of the 12-story, 520,000-square-foot Jack & Sheryl Morris Cancer Center. Executives with RWJBarnabas Health, the Rutgers Cancer Institute and other key stakeholders unveiled the facility in mid-May, hailing the arrival of New Jersey’s first freestanding cancer hospital and one of only 13 in the country, part of a $1 billion project that has brought top-tier patient care and cutting-edge research labs under one roof.

Industrial
Saxum, Penwood eye new warehouse project in Parsippany after buying vacant office building

Another vacant office building in Parsippany is set to come down as part of a joint venture’s plan to construct a new 128,000-square-foot speculative warehouse just north of Route 10.

Health Care
JLL launches marketing for plug-and-play lab suites at New Brunswick’s HELIX district

The team behind the sweeping Health + Life Science Exchange campus in New Brunswick is seeking tenants for a group of prebuilt laboratory and office suites, part of a 574,000-square-foot building that’s slated to open later this year.

People
Larken Associates promotes Kerr to director of commercial asset management

Larken Associates has elevated Jamie Kerr to director of commercial asset management, marking her latest promotion since joining the Branchburg-based team in 2020.

Office
JLL seeking buyer for 41,000 sq. ft. high-end office building in downtown Morristown

A boutique office building in downtown Morristown, the home of a well-known national law firm since it was completed in early 2017, is on the market for sale.

Professional Services
Lambiase installed as IOREBA president alongside other 2025-26 board officers

The Industrial and Office Real Estate Brokers Association has welcomed its new slate of board officers for the next 12 months.

Health Care
Health care practice buys 14,000 sq. ft. medical office complex in West Orange, Newmark says

A regional medical practice has acquired a nearly 14,000-square-foot medical office complex in West Orange for $2 million, in a newly announced deal by Newmark Associates CRE.

Professional Services
Studio 1200 promotes architects Burke, Gasbarro

Studio 1200 has elevated Kate Burke to senior associate and studio director and Marissa Gasbarro to associate, touting their roles in the design firm’s growing pipeline.

Office
JLL: Owners of Princeton campus eye new lab space with major renovation, built-to-suit option

The owners of a life sciences campus outside Princeton are bringing new laboratory space to the complex as part of a newly launched renovation at one of its six buildings — with the potential for more by way of a build-to-suit opportunity on vacant land.

Office
Newmark: Keystone inks $18 million sale of 223,000 sq. ft. Moorestown office complex

Keystone has sold a nearly 223,000-square-foot office portfolio in Moorestown for $17.6 million, brokers with Newmark announced Monday.