Office
Leasing slowdown, consolidations weigh on New Jersey office market, despite Class A deals

Office vacancy in northern and central New Jersey continued upward in early 2023, driven by a slowdown in leasing and large blocks of space flooding the market, even as high-end buildings remained a draw for tenants seeking a more modern work environment.

Office
Sanofi coming to Morristown in 260,000 sq. ft. lease at M Station

Pharmaceutical giant Sanofi is moving its New Jersey team to Morristown, where it will occupy 260,000 square feet of new ground-up office space built by SJP Properties and Scotto Properties.

Office
SJP, PGIM unveil new rooftop terrace to complete overhaul of Park Avenue office tower

SJP Properties and PGIM Real Estate have completed a major renovation of a 300,000-square-foot office and retail building in Midtown Manhattan.

Industrial
SJP breaks ground on first piece of 6.5 million sq. ft. logistics park in Savannah

SJP Properties has made a major move into the Southeast industrial market, breaking ground on the first piece of a 12-building, 6.5 million-square-foot logistics park in Savannah, Georgia.

Office
SJP tops out new Valley headquarters project in Morristown, eyes spring 2023 delivery

Valley National Bank’s new headquarters in Morristown is on track to open next spring after the completion of vertical construction at the downtown site, its developer announced Wednesday.

Office
SJP, biopharma firm ink new 20,000 sq. ft. lease at Bridgewater office campus

A biopharmaceutical company is relocating its New Jersey office after signing a new 20,000-square-foot lease in Bridgewater with SJP Properties.

Professional Services
Inside C&W’s ambitious plan to add talent, market share in long-established New Jersey office

Cushman & Wakefield is revamping how it identifies and pursues new business opportunities, all while rethinking its brokers’ approach to serving clients and advancing the long-held goal of creating a one-stop shop for its many disciplines and service lines.

Office
SJP, Siemens detail 66,000 sq. ft. lease at new-look Metropark office building

Siemens has joined the tenant roster at a newly updated office building in Woodbridge, where it’s taking more than 65,000 square feet under a recent lease with SJP Properties.

Office
SJP, Scotto break ground on Valley Bank’s new 120,000 sq. ft. headquarters in Morristown

Construction is underway on Valley Bank’s future headquarters in Morristown, where it will lease 120,000 square feet of new office space built by SJP Properties and Scotto Properties.

Roundtable
How can the construction industry become more sustainable?

How can the construction industry become more sustainable? We assembled a panel of industry experts to tackle this month’s question.