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 has unveiled its plans to unify and transform two well-known, adjacent office buildings in Parsippany that it acquired recently with Rubenstein Partners.
A private debt lender provided a $97 million loan for a joint venture’s recent acquisition of the Morris Corporate Center IV campus in Parsippany, Newmark Knight Frank said Thursday.
A lease by a life sciences company in Morristown and a tech firm’s expansion in Hoboken were among New Jersey’s top office deals in the first quarter, as part of a market that saw availability inch downward to start the year.
The new owners of two high-end office buildings at the Morris Corporate Center campus in Parsippany have tapped Newmark Knight Frank to oversee leasing at the properties.
A joint venture will set out to connect two pieces of the Morris Corporate Center property in Parsippany, creating what it says is a campus that can support a tenant requirement of more than 500,000 square feet.
A familiar joint venture has acquired a 340,000-square-foot office complex in Parsippany, less than two months after announcing its purchase of an adjacent sister property on the campus.
A joint venture has made its latest move in Morris County with the acquisition of a 351,000-square-foot, Class A office complex in Parsippany, in a sale arranged by brokers with Newmark Knight Frank.
An insurance brokerage has inked a 19,000-square-foot lease at Morris Corporate Center IV, SJP Properties’ sprawling Class A office park at the nexus of four highways in Parsippany.
