A joint venture has inked two key leases at a Parsippany office campus, providing a source of momentum as it enters the final stages of a plan to transform the well-known property.
One of the state’s top accounting firms will debut its new headquarters this summer, when it moves to a soon-to-be-transformed, two-building office campus in Parsippany.
As they mark a high-profile transaction at a Parsippany office complex, Vision Real Estate Partners and Rubenstein Partners LP have offered a new look at their plans to transform the two-building, 700,000-square-foot office complex.
Office tenants continued their flight to new and improved spaces as 2019 came to a close, furthering the case for landlords to upgrade or redevelop New Jersey’s aging stock of buildings.
Landlords that have renovated and refreshed New Jersey’s aging office stock can now point to the benefits, with a new report showing significantly stronger absorption and rent growth at upgraded buildings.
Vision Real Estate Partners is ramping up the next phase of its pipeline in New Jersey, relying on its “assembly line mentality” and the mix of creativity and capital that has allowed it to thrive with high-profile redevelopment projects in recent years.