Large blocks hit New Jersey office market in Q1, outpacing leasing volume as availability grows

The rate of available office space in New Jersey ticked upward in the first quarter, thanks to several large blocks hitting the market and what brokerage firms say was modest leasing activity.

Onyx: Fintech insurance firm Acrisure takes 43,000 sq. ft. at The Arbors in Parsippany

Onyx Equities has leased more than 43,000 square feet in Parsippany to Acrisure, a major fintech insurance firm, inking its latest deal at a revitalized five-building office campus.

KBS: Tenants lease 103,000 sq. ft. at Woodbridge office complex

Over a dozen tenants have combined to lease more than 100,000 square feet at a six-building, 629,000-square-foot office complex in Woodbridge, executives with KBS announced.