An investment group has picked Newmark Knight Frank as its leasing agent at a well-known office building in Madison, where it’s now marketing 115,000 square feet.
Office leasing in New Jersey rebounded modestly in the third quarter, even as the pandemic continues to weigh on the market and fuels a sizable uptick in availabilities.
An investment group has secured nearly $148 million in financing for its recent purchase of 10 office buildings in Parsippany and Madison, in a transaction arranged by JLL.
A joint venture led by Onyx Equities has closed on its $158 million purchase of a 10-building, 1.5 million-square-foot office portfolio in Parsippany and Madison from Mack-Cali Realty Corp.
Mack-Cali Realty Corp. has agreed to sell 2.4 million square feet of office space in Parsippany and Madison to a joint venture led by Onyx Equities LLC, in a $288.5 million deal that sets up a plan to shed its entire suburban office portfolio.
The Hampshire Cos. has sold a 270,000-square-foot corporate headquarters building in Madison, the site of a sweeping project that transformed what had been a defunct call center facility.
An international design firm is eyeing continued growth in New Jersey after opening a new office in Madison in 2014 — a move that re-established its presence here — having grown its team from one to 32 while leading projects for a host of blue-chip corporate clients.
Mack-Cali Realty Corp. has completed a sweeping overhaul of its key suburban office portfolio, following more than $50 million in redesigns and renovations at buildings in the Parsippany, Short Hills, Metropark and Red Bank submarkets.
