Real estate firm Transwestern will be closing its New Jersey office on April 2, after nearly a decade in the state, the company has announced.
The news was first reported in Real Estate N.J.
Kim Croley, an executive vice president for national marketing for the Houston-based firm, confirmed the decision.
“After careful consideration, we have determined that the New Jersey market does not meet our strategic market criteria,” Croley wrote.
Transwestern’s New Jersey office is located in Florham Park. It is not immediately clear how many employees would be impacted by the decision.
Dan Foley, a public relations manager with the company, confirmed that it will close its New Jersey office but that it will “continue to operate in the state.”
The company has been in New Jersey since 2011.
