Commercial property sales are trending upward in a key swath of northern and central New Jersey, with industrial, office and retail trades totaling $1.4 billion in the first half of 2025.
Onyx Equities and PCCP have sold a 439,000-square-foot office building outside Morristown — reportedly for $118.5 million — following nearly a decade of ownership and an ambitious plan to rejuvenate the property.
A high-end flexible workspace concept is coming to a six-building, 665,000-square-foot office campus outside Red Bank, as a joint venture continues its overhaul of the complex.
