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
Marcus: Saxum inks $10.7 million sale of 24,000 sq. ft. Red Bank office building

A private investor has acquired a nearly 25,000-square-foot office property in downtown Red Bank for $10.7 million, brokers with Marcus & Millichap said Tuesday.

Office
CentralReach, with all-remote workforce, opens new 25,000 sq. ft. meeting hub at Bell Works

A software firm has opened its new office at the acclaimed Bell Works campus in Holmdel, where it has taken 25,000 square feet despite having a fully remote workforce.

Residential & Mixed Use
Atlantic City: Blatstein pitches $3 billion housing, commercial project at Bader Field site

Bart Blatstein, the owner of the Showboat Atlantic City, is pitching a new $3 billion plan that would bring 10,000 residential units, 400,000 square feet of commercial space and vast stretches of open space to the long-vacant Bader Field site in the city.

Office
Needleman affiliate buys 40,000 sq. ft. Marlton office building, WCRE says

An investor has sold a 40,000-square-foot office building along Route 73 in Burlington County, in a newly announced deal by Wolf Commercial Real Estate.

Office
Fiserv unveils 428,000 sq. ft. fintech innovation hub at The Park in Berkeley Heights

A new fintech hub has arrived in New Jersey with the debut of Fiserv Inc.’s 428,000-square-foot office and research space at The Park in Berkeley Heights.

Residential & Mixed Use
Connell details plans for new residential, retail phases at landmark Berkeley Heights campus

The Connell Co. has unveiled new details of a plan to transform its flagship business park in Berkeley Heights, having secured approvals to add more than 300 apartments and a sprawling entertainment, dining and retail space across five new buildings.

Hospitality & Tourism
TFE sells Toms River hotel amid several recent deals

TFE Properties has sold a hotel in Toms River after more than three decades, citing interest from buyers seeking to convert part of the property to commercial space.

Office
Two tenants lease a combined 6,500 sq. ft. at Montvale medical office building

The owner of a 32,000-square-foot medical office building in Montvale has attracted two new tenants to the property, according to a leasing team with JLL.

Office
Law firm takes 6,600 sq. ft. in Paramus office deal, C&W says

A law firm has leased nearly 7,000 square feet at a renovated office building in Paramus, in a newly announced deal by Cushman & Wakefield.

Office
Clinical researcher expanding, moving to AEP-owned office space in Warren, JLL says

A clinical trial company is expanding and relocating to a Warren office building under a lease with American Equity Partners, in a newly announced transaction by JLL.