Brooklyn-based Madison Properties had added to its New Jersey portfolio with the purchase of more than 550,000 square feet of industrial space in Parsippany.
A joint venture has sold a Parsippany industrial building for more than $85 million, marking the culmination of a two-year investment and turnaround for the 550,000-square-foot property.
A food company has leased more than 200,000 square feet in Parsippany, with plans to use the space as the site of its newest manufacturing and distribution facility in New Jersey.
Cushman & Wakefield has added more than 2.2 million square feet to its New Jersey property management assignments, thanks to continued demand from both industrial tenants and investors.