Diversified Properties sold 4.3 acres of undeveloped land in Monvtille to the Morris County Park Commission, which will be used to expand parking at the 1,675-acre park.

"These new leases and expansions show a belief in business fundamentals, and a strong level of confidence in the continued need for well-located, well-managed office spaces," said Signature Senior Vice President and Director of Leasing Sandy Monaghan.

Cushman & Wakefield arranged the sale of the 59,100-square-foot Central Jersey property.

The addition marks the firm's fifth in the Midwestern state, as it pursues a nationwide expansion targeting premier open-air retail centers in primary and key secondary markets.

Demolition is underway to transform a series of vacant structures in the city into the future headquarters for the financial institution, which is expected to bring more than 600 professionals to the new space.

“There’s no mistake our first committee that I authorized was on the singular topic of affordability and property tax relief,” newly installed Senate President Nicholas Scutari, D-22nd District, said in a recent News12 New Jersey interview.

The industrial and retail real estate services specialists helped negotiate space for the 3PL provider in Edison.

“West Windsor Commons has a great tenant lineup and long-term WALT [weighted average remaining lease term], which contributed to the interest levels," said Jose Cruz, part of the JLL Capital Markets team that represented the seller. "Well-located office buildings like this one in the Princeton suburbs continue to be in high demand from the investment community."

Lehigh Valley-based Joshua Tree Experts is entering the franchising space.

PLT Health Solutions has been a tenant at the Morristown complex for more than 30 years, and it's staying put.

“We made a big bet on the West Side, believing that the positive transformation that has taken place here in recent years paved the way for a top-of-market rental building with an extraordinary amount of indoor and outdoor amenities and high-level services,” said Art Johnson, a principal of 400 Claremont LLC, which developed 3 Acres. "We’re thrilled that the bet has paid off in terms of the overwhelming public reaction."

Members of the Biden team and city officials came out to celebrate the start of the work that will redevelop Albett Village, built in the 1950s and located in the Cramer Hill neighborhood.