JLL: Life sciences still strong in New Jersey amid new office, manufacturing needs

Life sciences companies remain a leading driver of commercial real estate in New Jersey, accounting for more than a third of all office leases during the first half of 2023 and fueling a pipeline of deals for lab and manufacturing space.

Growing hockey equipment chain opens in Kenilworth after backfilling 11,000 sq. ft.

A specialty hockey retailer has opened its doors in Kenilworth after leasing more than 11,000 square feet on Route 22, in a newly announced deal by The Goldstein Group.

NAIDB: Middlesex, Union counties stand out as rising rates weigh on N.J. investment sales

Middlesex and Union counties emerged as key focal points for commercial real estate investors in the first half of 2023, accounting for some $700 million in sales through midyear.

Onyx rebrands Merck campus in Kenilworth, plans full marketing push at BIO conference

Onyx Equities has revealed new details of its plan for the 2 million-square-foot former Merck & Co. campus in Kenilworth, as it prepares a broad campaign to attract life sciences and biotechnology firms seeking both turnkey space and new ground-up facilities.

Formwork, scaffolding firm Doka opens new 23,000 sq. ft. U.S. headquarters in Kenilworth

A formwork and safety solutions provider has opened the doors to its new 23,000-square-foot U.S. headquarters in Kenilworth.

Demand for lab, R&D space in New Jersey still surging as developers hunt for new supply

Turnkey, high-end life sciences space remains in high demand in New Jersey, creating an opportunity for owners of the state’s few remaining legacy pharmaceutical campuses or those that can find other ways to create new space without building speculatively.

Supply search

Our April edition highlights the ongoing demand from established pharmaceutical firms, startups and a growing pool of international users for high-quality, turnkey laboratory and manufacturing space in New Jersey — and the opportunity for landlords that can provide it.

Onyx, Machine Investment Group buy 2 million sq. ft. Merck campus in Kenilworth

Merck & Co. has sold its 108-acre campus in Kenilworth to a joint venture of Onyx Equities and Machine Investment Group, with plans to lease back the nearly 2 million-square-foot complex while it relocates in phases over the next several years.

NAI DiLeo-Bram: Flooring contactor expands with 7,000 sq. ft. Kenilworth industrial building

A flooring contactor has purchased a 7,000-square-foot industrial building in Kenilworth, in a newly announced transaction by NAI DiLeo-Bram & Co.

Merck officially lists 2 million sq. ft. headquarters, R&D campus in Kenilworth

A year after announcing plans to vacate its Kenilworth headquarters, Merck & Co. has officially placed the nearly 2 million-square-foot office and research campus on the market for sale.