Events
NAIOP New Jersey to host annual meeting, commercial real estate outlook on Jan. 25

NAIOP New Jersey will welcome hundreds of industry leaders next week for its first event of the year, where experts will highlight economic trends and their impact on commercial real estate.

Professional Services
Studio 1200’s Dougherty to receive AIA-NJ’s Architect of the Year award

AIA New Jersey has bestowed its 2023 Architect of the Year award on Nancy Dougherty, a managing principal of Millburn-based Studio 1200.

Office
Blau & Berg inks 6,100 sq. ft. office sale in Millburn

More than 6,000 square feet of office space along a key thoroughfare in Millburn has changed hands, in a newly announced deal by The Blau & Berg Co.

Retail
New York investor buys 10,000 sq. ft. Short Hills strip center, Marcus says

A private investor has purchased a strip center in the Short Hills section of Millburn for $7 million, according to brokers with Marcus & Millichap.

Professional Services
Mancini Duffy extends lease, eyes growth at regional office in Millburn

Architecture and design firm Mancini Duffy has signed a seven-year lease extension at its Millburn office, as it eyes continued expansion in northern New Jersey.

Finance & Capital Markets
JLL: Developers ink $20 million construction loan for 53-unit Millburn rental project

A development team has landed $20 million in construction financing for a new 53-unit luxury apartment building in downtown Millburn, brokers with JLL announced Wednesday.

Retail
Marcus inks sale of 9,400 sq. ft. Millburn retail asset for $3.2 million

A private investor has purchased a nearly 10,000-square-foot retail center in downtown Millburn for $3.2 million, brokers with Marcus & Millichap announced Wednesday.

Professional Services
Blau & Berg promotes two brokers to senior director

The Blau & Berg Co. has announced the promotion of two brokers to the role of senior director.

Office
Biopharma firm takes 2,300 sq. ft. in Millburn, in Midtown Commercial-brokered deal

A biopharmaceutical firm has signed a 2,300-square-foot office lease in Millburn, in a deal arranged by brokers with Midtown Commercial Realty.

Finance & Capital Markets
Madison closes loans for Short Hills, North Bergen properties

A private equity firm has expanded its reach in the New Jersey commercial real estate sector, announcing a $35 million loan for a two-building office portfolio in Essex County.