Adoni buys 217,000 sq. ft. Basking Ridge office complex, C&W says

Adoni Property Group has acquired a nearly 217,000-square-foot office complex in Somerset County, with plans to add amenities to help lure new tenants to the property.

Accurate’s pipeline is surging, with an aggressive (but long-term) approach to development

Accurate has been prolific in building and lining up new multifamily development projects across New Jersey, having completed some 1,000 residential units since 2021 alone. It now has construction underway, approvals in place or sites under control to build another roughly 6,400 apartments and townhomes, including some 4,000 in Newark, with more to come.

Edgewood buys vacant 250,000 sq. ft. Basking Ridge office building, in JLL-brokered deal

Edgewood Properties has acquired a 250,000-square-foot office building in Somerset County that was recently vacated by a global insurance company, in a deal arranged by JLL.

Vacant 52,000 sq. ft. office complex in Basking Ridge trades for $4.6 million

A pharmaceutical company has purchased an office complex in Basking Ridge for $4.6 million, in a deal arranged by Kislak Commercial Real Estate Services Inc. and The Garibaldi Group.

Fitness, training center expanding to 14,000 sq. ft. in Hamilton, R.J. Brunelli says

A fitness and personal training facility has signed a lease to expand its footprint in Hamilton, in one of several newly announced deals by R.J. Brunelli & Co. LLC.

New Jersey office market shows ‘early signs’ of recovery in Q3, Collier says

The state’s office market took modest steps toward a recovery in the third quarter, as the pace of new listings slowed and as renewals helped sustain leasing activity in many locations.

Experts say ‘stranded’ office, retail sites can thrive as new-look community hubs

Experts say the way to revive outdated, underutilized commercial properties in New Jersey is to make the sites an essential part of their communities. That can mean increasing the amount of public green space or adding mixed-use elements, among other options aimed at redeveloping so-called stranded assets.  

Wealth manager extends 3,200 sq. ft. lease in Somerset County, LPC says

A wealth management firm has signed a long-term lease extension for more than 3,000 square feet in Basking Ridge, according to brokers with Lincoln Property Co.

Becht Engineering taps new MEP division manager in Basking Ridge

Becht Engineering BT Inc. has named a new mechanical, electrical and plumbing division manager at its Basking Ridge headquarters.

LPC: Mortgage lender renews 2,900 sq. ft. lease in Basking Ridge

A mortgage lender has extended its lease at a two-building office complex in Basking Ridge, where it occupies nearly 3,000 square feet.