An international real estate fund has made its first investment in the U.S., acquiring a Roseland office building from Normandy Real Estate Partners, in a $17.2 million deal arranged by Newmark Knight Frank.
Four law firms have signed leases at a 225,000-square-foot office building just minutes from the Bergen County Courthouse in Hackensack.
Amenities, collaboration space and access to transportation will all remain important in the office sector, experts say, but those features must be increasingly focused on wellness, sustainability and energy savings. That’s not to mention diversity and the ability for employees to choose how they work.
Levin Management Corp. has bolstered its in-house team with the addition of a new vice president of construction and development.
A group of well-known developers has sold a 40-acre swath of the Giralda Farms campus in Madison, paving the way for the construction of a new 46,000-square-foot medical facility.
The owner of a 114,000-square-foot office building just outside Princeton has refinanced the property for $14.5 million, brokers with HFF said Wednesday.
The owners of a four-building, 354,381-square-foot office campus in Florham Park are seeking a buyer for the property after completing a series of upgrades over the past two years.
New leases and expansions by existing tenants have fueled more than 50,000 square feet in recent deals at a Hackensack office building, brokers with Cushman & Wakefield said.
A group led by Normandy Real Estate Partners has sold a Parsippany office building for $44 million, following a gut rehabilitation project that attracted a blue-chip pharmaceutical tenant.
The scope of Normandy Real Estate Partners’ plans in Englewood Cliffs just got even bigger.
A month after announcing a major sale-leaseback deal for Unilever’s headquarters campus in the borough, the developer has unveiled a project it has planned for an adjacent office complex.