United Way luncheon presents annual Impact Award, honors Hollister founder

A high-profile redevelopment project in Newark was honored Friday before a crowd of more than 500, winning an annual award from the United Way of Northern New Jersey.

Vintage office inventory poised for upgrades

In early 2018, throughout the Northern and Central New Jersey office market, nearly 38.0 million square feet of direct and sublet space was marketed for lease. Buildings constructed since 2010 comprised less than 1.0 percent of the available space, as office occupiers gravitated towards newer product. An empty construction pipeline will challenge tenants seeking modern work environments prompting owners of vintage inventory to invest in improvements and upgrades that fulfill tenant requirements.

JLL: Joint venture, logistics firm ink full-building lease in South Brunswick

A logistics firm has leased 369,000 square feet at a South Brunswick industrial building, in a deal announced this week by JLL.

Inside JLL’s new Parsippany office, courtesy of Studio 1200

Studio 1200 has completed its design of JLL’s new office space in Parsippany, creating what it says is a classic yet contemporary workplace for the real estate services firm.

Onyx, JLL unveil plans for office-to-industrial redevelopment in Mahwah

Onyx Equities is moving ahead with plans to raze an obsolete, 1960s office building in Mahwah and redevelop the site as a new 120,000-square-foot industrial building.

Developers grapple with scarce opportunities, soaring prices while riding N.J. industrial wave

In New Jersey’s booming industrial market — where rent growth is unprecedented and speculative development is rewarded — owners and investors still face a major challenge when it comes to deploying capital and keeping their pipelines filled.

Investors acquire Parsippany buildings from Mack-Cali, JLL says

Two former Mack-Cali Realty Corp. buildings in Parsippany are under new ownership, following a set of investment sales announced this week by JLL.

JLL picked to market, lease 270,000 sq. ft. office campus in Englewood Cliffs (SLIDESHOW)

The owner of a four-building, 270,000-square-foot office complex on a well-known stretch of Englewood Cliffs has hired JLL as its leasing agent.

Sanzari taps JLL to manage Teaneck campus, a first for the developer

Alfred Sanzari Enterprises has teamed with JLL to lease and manage its flagship Glenpointe complex in Teaneck — the first such partnership for the developer in its 73-year history.

Finding new life: Young pharma, biotech firms offer second chance for New Jersey’s legacy R&D space

A growing pipeline of young life sciences firms has offered a second chance for New Jersey’s stock of legacy laboratory space. In the process, the ventures have served as anchors for developers seeking to repopulate large, vacant pharmaceutical campuses with turnkey laboratories.