KABR Group has sold a nearly 190,000-square-foot industrial building on Long Island for $15.25 million, in a deal arranged by JLL’s Morristown-based capital markets team.
The owner of a nearly 100,000-square-foot office building in Parsippany is seeking a buyer for the property, where brokers are touting strong leasing momentum after a recent update.
Another office building in Parsippany is on the market for sale for potential redevelopment or repositioning, in a newly announced offering by JLL’s New Jersey capital markets team.
Construction is well underway on a project by Crow Holdings Development that will bring nearly 835,000 square feet of new logistics space to New York’s Hudson Valley.
New Jersey Institute of Technology is planting a flag at the Northeast Science and Technology Center in Kenilworth, with plans to open a new research hub at the fast-growing campus.
New Vernon Equities has acquired 350,000 square feet of high-end office space at the former Novartis Corp. campus in East Hanover, with plans to incorporate the buildings into a larger development that caters to firms in life sciences and other innovation sectors.
A national law firm has leased nearly 14,000 square feet of office space at The Eisenhower in Livingston, in a deal arranged by brokers with CBRE and JLL.
