Two health care and life sciences companies have found new homes in Morris County, following a set of leases brokered by NAI James E. Hanson.
Transwestern, which is now marking five years since it officially opened in New Jersey, has since become a player in the state’s office, industrial and retail sectors. It has seen its annual transaction volume double since 2012 — while its property management portfolio has grown during that time to 4 million square feet from 485,000 square feet — with a platform that offers more than just brokerage services.
Noah Balanoff has joined Colliers International Group as an executive managing director, as part of an expansion of its industrial and supply chain platform in New Jersey.
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.
Colliers International Group Inc. has added four new professionals to its brokerage teams in Parsippany and Princeton, marking its continued expansion in New Jersey.
Ogilvy CommonHealth Worldwide has leased nearly 85,000 square feet in a renewal at Morris Corporate Center III in Parsippany, real estate services firm JLL said Tuesday.
New Jersey’s commercial real estate and business communities are paying significant attention to the repositioning of New Jersey’s aging suburban office campuses as highly amenitized live/work/play environments. And equal focus is being placed on the hyper-customization of interior spaces — especially for headquarters operations — with open layouts and design elements that speak to an organization’s distinct corporate culture.
A technology firm has renewed the lease at its headquarters office in Bridgewater, one of more than 20 deals brokered in the third quarter by Avison Young’s New Jersey office.
For all the talk of white elephants and stranded assets, landlords who have paid to upgrade well-located, suburban office buildings in New Jersey have seen tenants come calling. That’s part of the strategy for Mack-Cali Realty Corp. in Parsippany — but on a bigger scale.