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
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.

Events
USGBC NJ honors LEED projects of the year, returns to in-person celebration

Local leaders with the U.S. Green Building Council gathered last week to honor dozens of projects, firms and individuals that are advancing sustainability in New Jersey, as the chapter hosted its first in-person awards gala in more than three years.

Deals
Treetop buys medical office building, development sites in Bridgewater for $27 million

Treetop Development has acquired three properties in Bridgewater for $27 million, adding a medical office building and two adjacent lots that it hopes to develop as industrial space.

Office
GHP sells 105,000 sq. ft. Rochelle Park office building for $18 million

The longtime owner of a 105,000-square-foot office building in Rochelle Park has sold the property for $17.8 million, in a newly announced deal by Cushman & Wakefield.