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.

Office
Commvault to sell Fort Monmouth headquarters for $40 million, lease back ‘small footprint’

Data management giant Commvault is selling and leasing back a fraction of its 275,000-square-foot headquarters in the Tinton Falls section of Fort Monmouth, it said this week.

Office
Edron Realty sells 45,000 sq. ft. micro-office building in Elizabeth, Gebroe-Hammer says

The longtime owner of a 45,000-square-foot mixed-use building in downtown Elizabeth has sold the property, according to a brokerage team with Gebroe-Hammer Associates.

Office
Zimmel: Logistics firm buys 46,000 sq. ft. Matawan office building as investor-user

A logistics services firm has purchased a 46,000-square-foot office building in Matawan for $7.6 million, in a newly announced deal by Zimmel Associates.

Office
C&W: Consultant, insurance firm combine for 35,000 sq. ft. at 10 Exchange Place

The owner of a waterfront office building in Jersey City has inked a new lease and a renewal, both for nearly 18,000 square feet, in a pair of deals arranged by Cushman & Wakefield.

Featured
History, legacy in focus as Hanson family marks 100 years in commercial real estate

A century of New Jersey commercial real estate history took center stage last month, as three generations of the Hanson family gathered to mark its 100th anniversary in the industry.

Office
Panepinto, Naparstek and Elkouby join Exchange Place Alliance board in Jersey City

Three commercial real estate leaders have joined the board of the Exchange Place Alliance, an organization promoting economic growth and improvements in downtown Jersey City.

Office
Avison Young: RWJBH takes 26,000 sq. ft. in New Providence, in one of two new leases

RWJBarnabas Health has signed two new leases that will provide it with additional space in Union and Essex counties, brokers with Avison Young announced Tuesday.

Office
Larken set to expand flexible office program in Branchburg

Larken Associates is adding to its stock of fully furnished, flexible office space at a nearly 117,000-square-foot campus along Route 22 in Branchburg.

Industrial
Shearer, NAIOP New Jersey ready for more proactive approach to anti-warehouse sentiment

Rockefeller Group’s Mark Shearer has kicked off a two-year term as NAIOP New Jersey’s chapter president, with plans to expand outreach to highlight the value of warehouse projects amid increasingly fierce resistance to development in the state.

Office
Sanzari, oncology network ink 5,500 sq. ft. lease at Glenpointe

An oncology network has moved to Teaneck after leasing nearly 5,500 square feet at Alfred Sanzari Enterprises’ flagship office campus in the township.