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.
The northern New Jersey office market continued to weaken in the first quarter, with large availabilities mounting as companies shed excess space and continue to work remotely.
A team led by two of the state’s top capital markets brokers has joined Newmark Knight Frank, providing a powerful addition to the firm’s investment sales platform in northern New Jersey.
The state’s office market took a step back in the fourth quarter of 2016, according to new industry research, as leasing activity slowed and several large blocks of space hit the market.
A real estate investment trust has sold the Public Service Enterprise Group headquarters tower in Newark for nearly $175 million, according to the seller and brokers involved in the deal.
