A landlord in Bergen County has signed two leases with education tenants for a combined 6,500 square feet, under a pair of deals announced by Lee & Associates New Jersey.
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.
The site of a former Dressbarn store in Paramus has changed hands for more than $2 million, following a transaction arranged by brokers with CBRE.
The March of Dimes has picked veteran developer Jeff Milanaik as the latest honoree for its annual northern New Jersey real estate awards reception.
A northern New Jersey restaurant is relocating to Nutley as part of a recently announced, 6,300-square-foot lease completed by Cushman & Wakefield.
Onyx Equities and DRA Advisors have picked Newmark Knight Frank as their leasing agent for a newly repositioned, two-building office campus in Paramus.
A physical therapy practice is relocating its headquarters in Paramus, inking a lease for nearly 5,400 square feet near the busy intersection of routes 4 and 17.
An automobile finance provider is relocating within Paramus after signing a 14,000-square-foot lease at a soon-to-be-upgraded office building, brokers with JLL announced.
A joint venture is touting its latest acquisition of an office building in Bergen County, where it now owns more than 10 percent of the Class A space in the surrounding market.
Onyx Equities LLC and Garrison Investment Group have tapped Cushman & Wakefield as their leasing agent at a 370,000-square-foot office building in Paramus, where the joint venture is planning improvements valued at $10 million.