Riker Danzig

Riker Danzig’s commercial real estate lawyers serve as counsel to, and understand the varying needs of, a wide variety of clients, from publicly traded companies to international lending institutions to midsized developers to community banks, in sophisticated leasing (office, retail, warehouse and tech start-up), acquisitions, loans, construction contracts and all aspects of development projects.

JLL: More moves ahead for life sciences firms seeking higher-end space in New Jersey

New Jersey’s life sciences sector is poised for continued growth in 2024, following a year in which the industry was a key source of demand for commercial real estate owners.

Olnick, Fisher unveil plan to transform concourse at Headquarters Plaza in Morristown

The owners of Morristown’s Headquarters Plaza have unveiled their plans to refresh the 1 million-square-foot property, with a focus on the cavernous interior concourse that connects its three office towers, the Hyatt Regency Morristown and a host of retailers and restaurants.

Environmental attorney Kettler among newest promotions at Riker Danzig

Riker Danzig LLP has elevated Michael S. Kettler of the firm’s environmental law group, in one of several newly announced promotions on its Morristown-based team.

ULI Northern New Jersey unveils honorees for April awards gala

The Urban Land Institute’s Northern New Jersey chapter has announced the winners of its 2024 Excellence Awards, highlighting a host of projects and professionals involved in land use and development in the state.

Veteran brokers Tragash, Pine detail launch of SAGE Investment Real Estate Advisors

A new Morristown-based brokerage firm is marking its first two deals and a series of new assignments in the region after launching the business at the start of 2024.

Morristown tract slated for 29-unit multifamily project fetches $6.8 million, Kislak says

A development site in Morristown that will be home to 29 townhome-style apartments has traded for $6.8 million, according to a brokerage team with The Kislak Co. Inc.

Gensler marks 30 years in New Jersey with an expanded focus, but still at the forefront of workplace design

Gensler is marking 30 years in New Jersey, where it finds itself at the forefront of not only the fast-changing office market, but several of the state’s key growth sectors.

JLL

JLL represented Merck & Co. in the disposition of its headquarters location at 2000 Galloping Hill Road in Kenilworth, NJ. Situated on 108 acres just off the Garden State Parkway, the headquarters campus consists of nearly 2 million square feet of office and life science/lab space, as well as two parking decks and a central utility plant. JLL helped structure the short-term leaseback as well as assisted the buyer with acquisition financing. JLL was also retained by the buyer, a joint venture of Onyx Equities and Machine Investment Group, to help reposition and lease the property once repositioned as a state-of-the-art life science campus.

Newmark

Newmark has been fortunate to be involved in several award-winning large office transactions in the Garden State recently. This past year Gilead leased approximately 100,000 SF at Latitude in Parsippany, for which we represented both the tenant and landlord. Also in Parsippany, we completed Avis Budget Group’s new U.S. headquarters transaction in excess of 150,000 SF. Significant current landlord representation assignments in the office sector include 2 Gatehall Plaza (on behalf of owner SRG2 Partners LLC) in Parsippany, NJ; Glenpointe (on behalf of owner Alfred Sanzari Enterprises) in Teaneck, NJ; River Centre (on behalf of owner Paramount Realty) in Red Bank, NJ; Woodbridge Corporate Plaza (on behalf of owner Northeast Capital Group) in Iselin, NJ; and many other prominent office properties.