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
Veris Residential completes $420 million sale of 1.9 million sq. ft. Harborside complex

Veris Residential Inc. has completed its high-profile, $420 million sale of Harborside buildings 1, 2 and 3 in Jersey City, the real estate investment trust said Wednesday.

Sponsored Content
The Morris County EDC Presents the 30th Annual Partners in Economic Development Awards

 At the 30th Annual Partners in Economic Development Awards, industry experts from around the state will discuss real estate development in New Jersey and its potential for the next five years. The Morris County Economic Development Corporation is hosting this conference, which will occur on Friday, April 14, 2023, at the Hyatt Regency Morristown. This is a fantastic opportunity for attendees to gain valuable insight into current trends and strategies in real estate development and network with other professionals in the field.

Office
Telecom business inks 7,000 sq. ft. office lease in Summit, in deal arranged by NAI Hanson

A telecommunications firm has taken 7,000 square feet of office space just off Route 24 in Summit, according to a broker with NAI James E. Hanson.

Office
Karafiol, longtime Onyx executive, joins JLL agency team in New Jersey

A key executive with Onyx Equities has returned to brokerage, joining JLL as an executive vice president with the firm’s New Jersey team.

Professional Services
Hilton Realty taps Fennelly to market Princeton-area office, retail buildings for lease

Hilton Realty has picked Fennelly Associates as its leasing team for three prominent commercial properties in and around Princeton.

Office
Fidelco adds to tenant roster at 550 Broad in Newark, in lease with historic nonprofit

Fidelco Realty Group has brought another tenant to a well-known office tower in downtown Newark, inking a lease with a nonprofit that has served the city for nearly a century.

Office
Joint venture buys 101,000 sq. ft. Princeton-area office building, JLL says

An investment group has purchased a nearly 101,000-square-foot office building some five miles from downtown Princeton, in a newly announced deal by JLL.

Health Care & Education
Atkins buys Washington Twp. medical office building for $14 million

Atkins Cos. has expanded its medical office portfolio with the addition of more than 70,000 square feet in Gloucester County, brokers with Avison Young announced Tuesday.

Events
IOREBA panel conveys optimism, pragmatism amid market uncertainty (SLIDESHOW)

Speaking at IOREBA’s annual Developers Night, a panel of industry leaders offered both optimism and assuredness, but also frustration about a market that is still fundamentally strong in many respects but grinding along in the face of economic headwinds.

Deals
Self-storage developer buys Totowa office building, plans conversion

A developer has purchased a nearly 96,000-square-foot office building in Totowa that it now plans to convert to self-storage space, in a newly announced deal by The Blau & Berg Co.