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
PNC inks 26,000 sq. ft. office lease at Overlook Corporate Center, JLL says

PNC Bank has taken more than 26,000 square feet at Overlook Corporate Center in Little Falls, in one of two newly announced leases at the property by JLL.

Editor’s Note
Sustained success

As you’ll read in this month’s cover story, the state’s Community Solar Energy Pilot Program has made it both easier and more lucrative for commercial property owners in New Jersey to go green, allowing solar developers to lease their rooftops and sell power to nearby residents. The policy has been critical to the growth of Solar Landscape, a solar developer founded in 2012 that’s been integral to the program’s rollout. Based in Asbury Park, the 10-year-old firm has leased more than 20 million square feet of rooftop space in New Jersey, making it a key player in the commercial real estate market in just a few years.

Professional Services
Cushman details 17 new hires on New Jersey capital markets, leasing and operations teams

Cushman & Wakefield has announced a flurry of new hires aimed at bringing young talent to its capital markets, leasing and operations teams in New Jersey.

Office
SJP, PGIM unveil new rooftop terrace to complete overhaul of Park Avenue office tower

SJP Properties and PGIM Real Estate have completed a major renovation of a 300,000-square-foot office and retail building in Midtown Manhattan.

Office
SJP touts completed buildout of 300,000 sq. ft. Eisai U.S. headquarters at Nutley’s ON3

SJP Project Solutions has completed its buildout of Eisai Inc.’s new headquarters in Nutley, where the pharmaceutical company occupies 300,000 square feet as part of the ON3 campus.

Office
Buyer adds 5,000 sq. ft. office, retail property in Chatham for $2.35 million, Kislak says

An office and retail property in Chatham has changed hands for $2.35 million — or $470 per square foot — in a newly announced deal by Kislak Commercial Real Estate Services Inc.

Office
Consultant takes 5,465 sq. ft. at new mixed-use Somerville building, Deluccia says

A consultant for large-scale utility projects has leased nearly 5,500 square feet at a new mixed-use building in Somerville, in a deal arranged by Deluccia Commercial Group.

Professional Services
NAI Mertz adds construction, facilities executive with deep ties to public sector

A longtime business owner and member of the state’s facilities and leasing team has joined NAI Mertz as a director for the office division, the Mount Laurel-based firm said Tuesday.

Office
Office construction booms in Lakewood amid stunning influx of residents, businesses

Those heralding the death of the suburban office park may not have seen Lakewood recently, where the growth of Class A space is defying conventional wisdom and statewide trends.

Professional Services
Veteran broker with Blau & Berg joins SIOR membership ranks

A longtime broker with The Blau & Berg Co. has earned the coveted membership designation with the Society of Industrial and Office Realtors.