Office
New Jersey office market ‘poised for better times’ after strong Q4, as flight to quality continues, reports say

A recent spike in leasing demand has boosted New Jersey’s office market to start the year, even as large blocks remain available amid corporate downsizing and concerns about the economy.

Office
Stifel takes 51,000 sq. ft. near Morristown, in planned move from Florham Park

Financial services firm Stifel has leased nearly 51,000 square feet of office space in Morris Township, paving the way for it to move its regional branch in New Jersey.

Retail
Accurate, DeVimy unveil ground-up 140,000 sq. ft. retail project in Morris Township

A joint venture has taken the wraps off a 140,000-square-foot retail center in Morris Township, delivering a new, ground-up space that will house more than two dozen businesses.

Residential & Mixed Use
Accurate’s pipeline is surging, with an aggressive (but long-term) approach to development

Accurate has been prolific in building and lining up new multifamily development projects across New Jersey, having completed some 1,000 residential units since 2021 alone. It now has construction underway, approvals in place or sites under control to build another roughly 6,400 apartments and townhomes, including some 4,000 in Newark, with more to come.

Top News
Red Bulls, Gensler detail plans for newly approved training campus in Morris Township

The New York Red Bulls have tapped Gensler as its lead architect for a long-awaited new training complex in Morris Township, where plans call for redeveloping a large piece of the former Honeywell International headquarters property.

Retail
Developer eyes debut of new retail center at ex-Colgate site in Morris Twp., Jeffery says

A developer is nearing completion of a new 140,000-square-foot retail and dining property in Morris Township that will be home to some two dozen tenants.

Industrial
Taconic signs 151,000 sq. ft. renewal at Morris Twp. industrial building

Taconic Partners has signed a 151,000-square-foot lease renewal at a Morris County industrial building with a freight transportation company.

Office
Insiders: New Jersey office market still ripe for large, blue-chip deals in age of hybrid work

Market experts say large, high-profile office deals are likely still to come in New Jersey, despite the push for hybrid schedules and lingering questions about the return to work.

Office
Onyx details Morgan Stanley, Zelis leases in Morristown totaling 170,000 sq. ft.

Onyx Equities is detailing two major deals at a newly overhauled, 400,000-square-foot office building near downtown Morristown, where it has leased a combined 170,000 square feet to banking giant Morgan Stanley and health care technology company Zelis.

Office
Garibaldi named leasing agent for 230,000 sq. ft. office campus near Morristown

A joint venture has hired The Garibaldi Group as its leasing team at a nearly 230,000-square-foot office campus just outside downtown Morristown.