Mountain Development Corp. has sold a nearly 227,000-square-foot office building in Hackensack, in a transaction arranged by Cushman & Wakefield.
An insurance firm has leased more than 9,000 square feet of office space in West Windsor, under a newly announced transaction by Mercer Oak Realty.
A joint venture has sold a newly upgraded, multiuse commercial building in Warren, under a transaction arranged by brokers with Newmark Knight Frank.
A charter school is breathing new life into a Woodland Park office building, where it has leased nearly 102,000 square feet to become just the second tenant in the property’s 25-year history.
With 2020 underway, owners of New Jersey office buildings are closely watching Trenton to see if the state will pass new tax incentives to attract employers. That’s one of the key issues and trends likely to drive the office market this year, according to interviews with brokers and landlords. In fact, observers say the fate of tax incentives will have more impact on New Jersey’s office market than the presidential election.
A joint venture has sold a well-known office complex in Hackensack for $123 million, in the largest of four year-end investment sales in New Jersey by CBRE’s institutional properties team.
An investment and asset management firm has moved its headquarters to Chatham, where it leases nearly 11,000 square feet as part of a transaction brokered by The Garibaldi Group.
Mountain Development Corp. has announced plans to overhaul one of three buildings in a well-known office campus along Interstate 80.
A joint venture has leased up the first of two buildings at a ground-up office project in West Windsor, as it now markets a second that will include about 38,000 square feet.