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

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.

Office
Repositioned Parsippany office building fetches $66 million

A buyer has paid $66 million to acquire a 400,127-square-foot office building in Parsippany, the site of a well-known effort to renovate and transition the property to a multitenant asset.

Office
Garden State of mind: Postell, McDonough reflect on five years since the opening of Transwestern’s N.J. office

Transwestern, which is now marking five years since it officially opened in New Jersey, has since become a player in the state’s office, industrial and retail sectors. It has seen its annual transaction volume double since 2012 — while its property management portfolio has grown during that time to 4 million square feet from 485,000 square feet — with a platform that offers more than just brokerage services.

Office
How 300 Kimball set the tone in suburban office redevelopment (PHOTOS)

A decision by State Farm Insurance to vacate 300 Kimball Drive in Parsippany was not just an opportunity for Transwestern’s New Jersey team in 2012. It provided a roadmap for other landlords, investors and brokers to create new value within the state’s glut of suburban office stock.