A biopharmaceutical company is leasing more than 9,000 square feet as part of a move to a Florham Park office campus, in a newly announced transaction by The Garibaldi Group.
With 2020 underway, owners of New Jersey office buildings are closely watching Trenton to see if the state will pass new tax incentives to attract employers. That’s one of the key issues and trends likely to drive the office market this year, according to interviews with brokers and landlords. In fact, observers say the fate of tax incentives will have more impact on New Jersey’s office market than the presidential election.
A professional services and information technology firm has expanded its footprint in Florham Park, adding nearly 30,000 square feet to a sublease that began less than a year ago.
The Stro Cos. has closed on its first building of 2020, acquiring a 70,000-square-foot industrial property in Florham Park.
A joint venture has reaped more than $30 million from the sale of a two-building, 230,000-square-foot office complex in Florham Park, brokers with Colliers International said.
CBRE has bolstered its New Jersey brokerage ranks with one of its newest hires.
A consulting firm has leased 7,000 square feet at a Florham Park office building, in one of several newly announced transactions by Chilmark Real Estate Services LLC.
A historic dance company is in line to expand and relocate to nearly 17,000 square feet in Florham Park, following a transaction arranged by CBRE.
HFF has opened the doors to the new home of its New Jersey office, a 13,000-square-foot suite in downtown Morristown that is meant to help the capital markets firm retain and attract talent.