For all the talk of white elephants and stranded assets, landlords who have paid to upgrade well-located, suburban office buildings in New Jersey have seen tenants come calling. That’s part of the strategy for Mack-Cali Realty Corp. in Parsippany — but on a bigger scale.
Heritage Capital Group has hired Colliers International Group to be its exclusive leasing agent for 550 Broad Street, a 270,000-square-foot office tower in downtown Newark.
Firms that serve the health care and software industries are among the newest tenants at a 100,000-square-foot Lawrenceville office building, Colliers International said Wednesday.
An online furniture seller has leased a 143,000-square-foot warehouse in Elizabeth to help support its rapid growth, following a deal brokered by Colliers International.
A contracting firm has paid $625,000 to acquire a 31,550-square-foot industrial building in Brooklawn, Colliers International said Tuesday.
An orthopedic practice has acquired a 12,000-square-foot office building in Cherry Hill for $1.2 million, real estate services firm Colliers International said.
A private investor has paid $2.5 million for an office building just outside Parsippany, in a value-add deal brokered by Colliers International.
A private equity group based in Atlanta has acquired two Piscataway office buildings after an $11 million deal orchestrated by Colliers International Group Inc.
Accounting and advisory firm Marks Paneth LLP has signed a long-term lease for 13,823 square feet at 8 Campus Drive in Parsippany, Colliers International Group Inc. said Monday.