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.

CPN inks deals in Pennington with development firm, printing company

A developer focused on sustainability has leased more than 1,300 square feet of office space in Pennington, in one of two new deals in the borough by Commercial Property Network Inc.

Government & Public Policy

EDA unveils $25 million program to help rescue vacant, underused commercial sites

The state Economic Development Authority has launched a funding program to help reposition properties such as vacant or underused office parks, malls or health care facilities, in another move aimed at rescuing many of New Jersey’s so-called stranded assets.

Virtua seeking buyer for 110-acre development site in Burlington County, WCRE says

Virtua Health is seeking a buyer for a 110-acre parcel in the Burlington County township of Westampton, in a newly announced offering by Wolf Commercial Real Estate.

Marcus inks $13 million sale of 28,000 sq. ft. office, retail property in downtown Red Bank

An investment group has sold a mixed-use building in downtown Red Bank for $12.75 million, or more than $450 per square foot, in a deal arranged by Marcus & Millichap.

Sanzari touts lease expansion at Glenpointe by waste collection, recycling firm

A waste collection and recycling firm has expanded at the Glenpointe campus in Teaneck, where it now leases nearly 18,000 square feet from Alfred Sanzari Enterprises.

Newmark named leasing agent for 157,000 sq. ft. Fairfield office building

The owner of a nearly 160,000-square-foot office building in Fairfield has picked Newmark Associates Commercial Real Estate as its leasing agent.

Mondelēz unveils new $50 million R&D center at 150,000 sq. ft. Whippany building

Mondelēz International Inc. has opened a new $50 million research and development facility in Morris County, where it will look to enhance production, processing and packaging for popular snacks such as Oreos and Ritz crackers.

Connell debuts prepared, healthy meal service for tenants at The Park in Berkeley Heights

The Connell Co. has launched a new prepared meal service for office workers at The Park, its 185-acre business and hospitality campus along Interstate 78 in Berkeley Heights.

S.Hekemian Group adds furniture, restaurant chains to fill retail space at North Market

The S.Hekemian Group has added three prominent retailers to the mixed-use development that has helped revitalize the former Mercedes-Benz USA campus in Montvale.

NAI Hanson: Mental health organization buys 23,000 sq. ft. Parsippany office building

A community organization has found a new headquarters after acquiring a nearly 23,000-square-foot office building in Parsippany, a broker with NAI James E. Hanson said Thursday.