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
JLL: Six-building, 517,000 sq. ft. office park near Princeton on the market for sale

A six-building office park outside Princeton is on the market for sale, offering more than 500,000 square feet with value-add potential in one of the state’s top submarkets.

Office
Splendor revamps office in downtown Red Bank, remaining bullish on commercial real estate

Creative agency Splendor has unveiled a newly renovated and expanded office in Red Bank to support its growing client base, including a roster of prominent commercial real estate firms.

Office
JLL named leasing team for Bergen County office building, touting headquarters opportunity

The owner of a Bergen County office building has tapped JLL as its leasing agent, offering 50,000 square feet of contiguous space across the property’s top two floors.

Office
Lee & Associates: Home care provider leases 1,800 sq. ft. in Newark

An in-home care provider has taken some 1,800 square feet of office space in Newark, in a newly announced deal by Lee & Associates New Jersey.

Health Care & Education
Fennelly: Family owners sell medical office portfolio in Hamilton for $11 million

The longtime owners of two medical office properties in Hamilton have sold the portfolio for a combined $11.1 million, according to a brokerage team with Fennelly Associates.

Office
Investor buys 3,500 sq. ft. Totowa office building from Sheetmetal Contractors

An investor has acquired a 3,500-square-foot office building in Totowa, in a newly announced deal by Zoltek Commercial Real Estate Services.

Office
Life sciences firm takes 27,000 sq. ft. at Princeton-area office building, CPN says

A contract research organization has leased nearly 27,000 square feet of office space in Plainsboro, in a newly announced deal by Commercial Property Network Inc.

Office
Leasing slowdown, consolidations weigh on New Jersey office market, despite Class A deals

Office vacancy in northern and central New Jersey continued upward in early 2023, driven by a slowdown in leasing and large blocks of space flooding the market, even as high-end buildings remained a draw for tenants seeking a more modern work environment.

Office
Signature inks renewals with law firms in Parsippany, with Q1 deals totaling 29,000 sq. ft.

A regional law firm has renewed its nearly 8,600-square-foot lease for office space in Parsippany, in the largest of several newly announced deals by Signature Acquisitions.

Health Care & Education
Atkins, Denholtz acquire 490,000 sq. ft. health care campus in Westchester County

Atkins Cos. and Denholtz Properties have teamed to acquire a 490,000-square-foot health care and medical office campus in Westchester County.