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.

C&W inks $3.6 million sale of Englewood medical office building

A private investor has acquired a nearly 16,000-square-foot medical office building in Englewood, under a newly announced deal by Cushman & Wakefield.

South Korean airline taking 2,500 sq. ft. at Sanzari-owned campus in Teaneck

Alfred Sanzari Enterprises has attracted a new tenant to its Glenpointe campus in Teaneck, securing a lease for more than 2,500 square feet with a South Korean airline.

Report: Amazon, Mack-Cali nearing 400,000 sq. ft. office lease in Jersey City

Amazon and Mack-Cali Realty Corp. are reportedly close to inking a 400,000-square-foot office lease in Jersey City, in a potential blockbuster deal for the real estate investment trust and its flagship Harborside complex along the Hudson waterfront.

Third-party inspectors would solve shrinkage of public employees

As of this writing, legislation to facilitate the timely review and inspection of construction activities, which have been on the rebound now that the worst of the pandemic is behind us, is awaiting Gov. Phil Murphy’s signature. We need the third-party option because the number of public-sector inspectors has substantially diminished over the last 10 years and will continue to do so.

CBRE: AvalonBay eyes 301-unit multifamily project in Princeton after deal with KABR

100 and 101 Thanet Circle in Princeton — Courtesy: CBRE By Joshua Burd A developer has acquired a two-building, 110,000-square-foot office complex in Princeton with plans to repurpose the site into more than 300 apartments, brokers with CBRE announced. The…

Opal, Avison Young detail start of upgrades at 425,000 sq. ft. Metropark office building

A landlord has kicked off a renovation of a well-known office building in Woodbridge, having tapped Avison Young to spearhead the multimillion-dollar project.

Family estate sells 47,000 sq. ft. portfolio near Union train station, BRC says

A family estate has sold a 47,000-square-foot commercial portfolio in Union Township, in a newly announced transaction by Bussel Realty Corp.

JDA taps Newmark as office leasing team for Hoboken, Jersey City project

The developer of a planned mixed-use project on the border of Hoboken and Jersey City has tapped Newmark as its leasing team for more than 100,000 square of new office space.

CRE.Converge takeaways: Connectivity, technology and flexibility yield resilience

Over 1,000 of commercial real estate’s top owners, developers, investors and allied professionals gathered in Miami Beach last month for NAIOP’s CRE.Converge event to hear insightful discussions with industry thought leaders.

G.S. Wilcox sources $44 million loan for Pennsylvania medical office building

The owner of a 70,000-square-foot medical office building in Eastern Pennsylvania has secured $44 million in financing, in a deal arranged by G.S. Wilcox & Co.