A group led by Normandy Real Estate Partners has sold a Parsippany office building for $44 million, following a gut rehabilitation project that attracted a blue-chip pharmaceutical tenant.
With a continued focus on right-sizing its office holdings, Mack-Cali Realty Corp. is looking to sell a sprawling nine-building, 2.2 million-square-foot portfolio in Bergen County.
HFF has arranged $12.2 million in construction financing for developers to reposition a light industrial building into a 1,246-unit self-storage facility in Totowa, the firm announced.
HFF has arranged $7 million in acquisition financing for a real estate investment firm to acquire a fully leased 115,913-square-foot industrial building in Linden, the brokerage said Thursday.
Brokers in HFF’s Florham Park office have closed a $390 million sale of a 4.5 million-square-foot retail portfolio spread across New York and Alabama, the firm announced.
The developers of a 104-unit apartment complex in Harrison have sold the property about a year after opening in the growing transit hub community, brokerage firm HFF said Tuesday.
