A law firm is relocating and expanding to more than 18,000 square feet inside a Paramus office building, under a newly announced transaction by Newmark.
A wealth management firm is staying in place in Parsippany after renewing its lease for more than 36,000 square feet, brokers with JLL announced.
A trade group for technology firms and entrepreneurs in New Jersey has tapped a well-known commercial real estate executive to lead a newly formed innovation committee.
Employers are hoping to find a middle ground as they determine how best to bring workers back to the office. While that strategy is still taking shape, occupiers have already begun to weigh their post-pandemic options in places such as Jersey City, driving an uptick in building tours and the prospect of new leasing activity.
As it continues its overhaul of Newark’s Gateway Center, Onyx Equities has tapped Pierson Commercial as its leasing agent for what will be the complex’s redeveloped retail space.
State officials have unveiled plans for a $190 million overhaul of Newark Penn Station, drawing cheers from the developer that is transforming the landmark Gateway office complex nearby.
A growing number of New York City-based firms have considered short-term office space in the suburbs, in an effort to reduce density, keep employees closer to home and reduce their reliance on mass transit. The movement has provided landlords and brokers with a chance to showcase New Jersey’s growing stock of revamped and rejuvenated office buildings.
A joint venture led by Onyx Equities has closed on its $158 million purchase of a 10-building, 1.5 million-square-foot office portfolio in Parsippany and Madison from Mack-Cali Realty Corp.
Mack-Cali Realty Corp. will largely stay the course for now, its interim CEO said this week, with a continued focus on selling its suburban office buildings and stabilizing its waterfront portfolio as it searches for a permanent chief executive.