The Hudson waterfront office market took a key step forward in early 2022, recording its strongest quarter in more than three years amid several notable deals.
An investment firm has leased more than 100,000 square feet across its growing office portfolio in Woodbridge and Edison, under a series of recent deals by Cushman & Wakefield.
Opal Holdings LLC has tapped Avison Young as its leasing agent at an office building in Woodbridge, marking the firms’ latest collaboration in the Metropark submarket.
State officials are seeking pitches from companies that have shown an interest in redeveloping 12 acres directly adjacent to the busy Metropark transit hub in Woodbridge.
Mack-Cali Realty Corp. has sold four office buildings in the Metropark submarket for $254 million, as it sheds another key piece of its once-sprawling suburban portfolio.
Vacancy in the northern New Jersey office market grew for four straight quarters in 2020, even as a handful of industries showed the ability to withstand the effects of pandemic.
