Office
Colliers moves Parsippany office, inks lease at new-look Northpoint property

Colliers has found a new home for its Parsippany-based team, leasing 7,500 square feet at a newly updated building owned by Vision Real Estate Partners.

Office
Gilead leases 96,000 sq. ft., eyes new corporate hub at Parsippany’s ‘Latitude’ campus

Biopharmaceutical giant Gilead Sciences has leased nearly 100,000 square feet at a Parsippany office campus, with plans to open a highly anticipated East Coast hub by early next year.

Finance & Capital Markets
Parsippany developer lands $91 million construction loan, breaks ground on 275 rentals

A developer has secured $91 million in construction financing for 275 apartments in Parsippany, helping to kick off the transformation of a former suburban office park.

Office
Medical device maker takes 24,000 sq. ft. at Parsippany office campus, C&W says

A medical device maker has leased nearly 24,000 square feet at a Parsippany office campus, in the largest of four transactions announced Monday by Cushman & Wakefield.

Professional Services
Day Pitney adds Terhune as partner, vice chair of environmental team

Day Pitney LLP has added a well-known attorney as a partner in its New Jersey office and vice chair of its environmental group.

Professional Spotlight
Day Pitney LLP

Day Pitney’s real estate group represents a wide variety of real estate clients, given its breadth and experience in real estate. Those clients include local and national developers, private and public institutional real estate investors, Fortune 500 companies on their corporate real estate, national commercial chains and market, inclusionary and affordable apartment developers. This wide array of clients is not only due to Day Pitney’s breadth of real estate expertise, but also because Day Pitney’s attorneys are thought leaders in real estate, given their involvement in trade associations and leadership in State and local bar associations.

Industrial
AY: Boston private equity firm completes 135,000 sq. ft. sale-leaseback in Parsippany

Boston-based Longpoint Realty Partners LP has completed a sale-leaseback in Parsippany, adding more than 135,000 square feet to its New Jersey portfolio.

Office
LPC touts 12,000 sq. ft. in new leases among recent deals at Parsippany office building

The owner of a Parsippany office building has inked three new leases for a total of nearly 12,000 square feet, while also completing a series of renewals and expansions at the property.

Residential & Mixed Use
Developer of 600-unit PARQ project in Parsippany eyes start of site work, demolition

A developer is set to begin demolition at the longtime site of an office park in Parsippany, paving the way for a plan to bring 600 apartments and townhomes to a swath of the property.

Office
Birch Group bolsters team with veteran property management, construction exec

The Birch Group has named a new vice president of property management and construction, in the latest addition to the team behind its growing office portfolio in the region.