Industrial
Turnbridge, Harbor Group sell Parsippany industrial building for $85 million

A joint venture has sold a Parsippany industrial building for more than $85 million, marking the culmination of a two-year investment and turnaround for the 550,000-square-foot property.

Office
Tenant interest in ‘hub-and-spoke’ model brings added focus to state’s new-look office stock

A growing number of New York City-based firms have considered short-term office space in the suburbs, in an effort to reduce density, keep employees closer to home and reduce their reliance on mass transit. The movement has provided landlords and brokers with a chance to showcase New Jersey’s growing stock of revamped and rejuvenated office buildings.

Office
Bank, co-working firm ink leases as JLL is named agent at Parsippany office buildings

An investment group has picked JLL to market five newly acquired office buildings in Parsippany, where the team has closed two new leases totaling nearly 57,000 square feet.

Office
The best of the best: Report highlights leasing, rental advantage for renovated office buildings

In a region where more than half of the office buildings were built before 1990, so-called Class A space may no longer signify the highest tier of the market.

Finance & Capital Markets
Meridian touts $277 million refi for apartment, retail portfolio in Morris and Camden counties

A multifamily and retail owner has refinanced four New Jersey properties for more than $275 million, in a series of recent transactions by Meridian Capital Group.

Office
Onyx-led group seals purchase of 10-building Morris County portfolio from Mack-Cali

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.

Industrial
Kislak inks new leases totaling 52,000 sq. ft. in northern, central New Jersey

An automotive detailer and storage business has leased 10,000 square feet at a Flemington warehouse, in the largest of several newly announced deals by The Kislak Co. Inc.

Office
Parsippany: NAI Hanson inks 2,200 sq. ft. lease with home care provider

A home care provider has leased more than 2,200 square feet of office space in Parsippany, under a transaction arranged by NAI James E. Hanson.

Office
Sax eyes year-end move to new Parsippany headquarters

Sax LLP is set to move later this year to its new headquarters in Parsippany, where it’s leasing nearly 40,000 square feet within a revitalized office campus.

Industrial
NAI Hanson: Furniture installer inks 120,000 sq. ft. warehouse lease in Parsippany

An office furniture company is taking nearly 120,000 square feet of industrial space in Parsippany, in a newly announced lease by NAI James E. Hanson.