Office
NKF: Midsized deals in life sciences, tech highlight Q1 office leasing

A lease by a life sciences company in Morristown and a tech firm’s expansion in Hoboken were among New Jersey’s top office deals in the first quarter, as part of a market that saw availability inch downward to start the year.

Professional Services
Avison Young announces new service program to mark five years in tristate

Avison Young is marking the fifth anniversary of its operations in the region by launching a new charitable initiative. Known as the Avison Young Five for Five program, the initiative calls for each employee in the tristate area to dedicate five hours of volunteer community service to charitable organizations over a five-month period.

Professional Services
Health care sector as a major driver in the real estate market

Raritan Bay Medical Center in Old Bridge — Courtesy: NK Architects By Ben P. Lee, AIA Since the great recession of 2008, the health care sector has emerged as a reliable investment for real estate developers and the capital market.…

Professional Services
Capital markets broker joins NAI Hanson

NAI James E. Hanson has added to its capital markets team with the hiring of a new broker.

Residential & Mixed Use
HFF brokers $25 million loan for Morristown condo project

Debt brokers with HFF have arranged nearly $25 million in financing for the development of a 58-unit condominium project in downtown Morristown.

Finance & Capital Markets
Investors Bank touts $2.7 billion in CRE loans in 2017

Multifamily projects in Morristown and Monroe are among the latest developments financed by Investors Bank, contributing to more than $2.5 billion in commercial real estate activity completed by the lender in 2017.

Events
ULI ‘speed networking’ event draws young CRE leaders (SLIDESHOW)

A group of commercial real estate professionals turned out to Morristown last week for a round of speed networking hosted by the Urban Land Institute of Northern New Jersey.

People
Hanson to be honored as part of 2017 New Jersey Hall of Fame class

Commercial real estate magnate Jon F. Hanson will be among more than a dozen new inductees this year for the New Jersey Hall of Fame.

Office
Prism set to begin high-end office project in downtown Morristown

A rare infusion of new Class A office space is coming soon to downtown Morristown, as a developer prepares to begin a project that will deliver about 50,000 square feet to the central business district.

Professional Services
Avison Young adds to brokerage team in Morristown

Real estate services firm Avison Young has hired a new associate in its Morristown office.