Murphy renews call for state-supported venture capital fund

Gov. Phil Murphy hit the road on Wednesday to highlight a plan to draw more venture capital to New Jersey, a key piece of his proposal to replace the state’s expiring business incentives.

C&W: Buyer wanted for new 24-unit rental property in Cedar Grove

A newly developed, 24-unit apartment property in Cedar Grove has hit the market for sale, brokers with Cushman & Wakefield announced Wednesday.

Developer of Newark’s Teachers Village launches Opportunity Zone fund

RBH Group, the developer of the heralded Teachers Village project in Newark, is hoping to build on that success with a new investment fund under the federal Opportunity Zone program.

Sanzari opens leasing office at flagship Glenpointe campus

Alfred Sanzari Enterprises has opened a new leasing office in Teaneck as part of its marketing effort for more than 650,000 square feet of office space at the Glenpointe complex.

Savills drops ‘Studley’ from name as part of U.S. rebrand, global focus

Tenant advisory firm Savills Studley is dropping the second half of its name as part of a new rebranding campaign — one that includes commercials during the upcoming NCAA men’s basketball tournament.

JLL to acquire HFF for $2 billion

Real estate services giant JLL has agreed to acquire HFF for roughly $2 billion, greatly bolstering its platform with one of the industry’s leading capital markets firms.

Mack-Cali rejects $2.4 billion offer for office holdings, faces attempted board takeover

Mack-Cali Realty Corp. has turned down an offer of more than $2.4 billion for its top waterfront and suburban office buildings, citing a “grossly inadequate” valuation from a group that is now moving to gain a majority position on its board.

Colliers tapped as leasing agent for Newark office tower

The owner of a prominent, 22-story office building in downtown Newark has named Colliers International as its leasing agent.

NAIOP reveals deal of the year finalists for upcoming gala

NAIOP New Jersey has announced the finalists for its coveted Deal of the Year awards, highlighting six of the state’s most impactful projects and transactions of 2018.

CBRE completes sale of Toys R Us headquarters campus in Wayne

The owners of the defunct Toys R Us chain have sold the retailer’s former 621,000-square-foot corporate headquarters in Wayne, brokers with CBRE announced.