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JLL: Parsippany office building sells for $88 million, in latest trade of 400,000 sq. ft. property

JLL: Parsippany office building sells for $88 million, in latest trade of 400,000 sq. ft. property

by Joshua Burd | Dec 23, 2022

300 Kimball Drive in Parsippany — Courtesy: JLL By Joshua Burd Signature Acquisitions has added to its suburban office portfolio in New Jersey with its purchase of a well-known, 400,000-square-foot property in Parsippany for $88 million. According to JLL, which...
Brookfield buys newly built, 1 million sq. ft. industrial park at Exit 7A in Jackson Twp.

Brookfield buys newly built, 1 million sq. ft. industrial park at Exit 7A in Jackson Twp.

by Joshua Burd | Dec 22, 2022

515 Monmouth Road in Jackson Township, as depicted in this rendering, includes two buildings of  617,452 square feet and 383,092 square feet. — Courtesy: Cushman & Wakefield By Joshua Burd Brookfield Properties has acquired more than 1 million square feet of newly...
Marcus inks sale of 9,400 sq. ft. Millburn retail asset for $3.2 million

Marcus inks sale of 9,400 sq. ft. Millburn retail asset for $3.2 million

by Joshua Burd | Dec 21, 2022

313 Millburn Ave. in Millburn — Courtesy: Marcus & Millichap By Joshua Burd A private investor has purchased a nearly 10,000-square-foot retail center in downtown Millburn for $3.2 million, brokers with Marcus & Millichap announced Wednesday. The team of Alan...
Home Depot affiliate takes 196,000 sq. ft. at new Bayonne industrial building

Home Depot affiliate takes 196,000 sq. ft. at new Bayonne industrial building

by Joshua Burd | Dec 21, 2022

Delta Equity Management LLC is set to deliver the 195,723-square-foot Harborview Logistics Center, as shown in this rendering, at 71 New Hook Access Road in Bayonne — Courtesy: JLL By Joshua Burd An affiliate of Home Depot has leased nearly 200,000 square feet at a...
Sanzari, apparel maker sign 36,000 sq. ft. renewal in South Hackensack

Sanzari, apparel maker sign 36,000 sq. ft. renewal in South Hackensack

by Joshua Burd | Dec 21, 2022

10/12 Horizon Blvd. in South Hackensack — Courtesy: Alfred Sanzari Enterprises By Joshua Burd An apparel company has signed a renewal at a South Hackensack industrial building, where it occupies more than 36,000 square feet under a lease with Alfred Sanzari...
Federal Realty buys ex-bank property in downtown Hoboken, Pierson says

Federal Realty buys ex-bank property in downtown Hoboken, Pierson says

by Joshua Burd | Dec 20, 2022

301 Washington St. in Hoboken— Courtesy: Pierson Commercial By Joshua Burd The site of a former bank branch in downtown Hoboken has traded for $9 million, in a newly announced deal by Pierson Commercial. The brokerage firm said the buyer, Federal Realty Investment...
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