Retail
Landlords brace for fallout, search for solutions with retailers battered by COVID-19 shutdown

New Jersey shopping centers that once buzzed with a steady hum of activity have been quiet since late March, with most retail businesses shut down to contain the spread of COVID-19. Retail landlords are now scrambling to figure out how to deal with tenants who say they can’t pay rent because their revenue streams have stopped cold — even though property owners still have their own financial obligations.

Finance & Capital Markets
P3 Properties lands $60 million loan for Parsippany office acquisition

The buyer of a two-building, 550,000-square-foot office complex in Parsippany has secured nearly $60 million in financing, under a newly announced transaction by JLL.

Top News
Planned Cos. launches $500,000 relief fund for employees impacted by COVID-19

A Parsippany-based building services company has launched a $500,000 relief fund to support its employees during the coronavirus crisis.

Office
JLL: Office owner expands in Parsippany, acquires 550,000 sq. ft. complex

An investment group has acquired a two-building, 550,000-square-foot office complex in Parsippany, adding to its footprint after having revitalized an adjacent property.

Professional Services
Langan promotions include seven in New Jersey

Langan Engineering & Environmental Services has announced 17 promotions across its U.S. footprint, including seven within its New Jersey offices.

Retail
C&W: Salon suite chain adds new locations in Parsippany, Woodbridge

A beauty salon co-working concept has continued its rapid expansion in the region, leasing five new locations in New Jersey and New York for a combined 47,000 square feet.

Office
SJP promotes Bronsnick, Natale to top leadership positions

SJP Properties has promoted two executives to key leadership posts, seeking to position the firm for continued growth as a developer and as a provider of third-party services.

Professional Services
EWMA plans new headquarters in Parsippany

Environmental consulting firm EWMA is relocating its headquarters within Parsippany, its longtime home, as it looks to the future of the business and its workforce.

Office
Leases by accounting firm, consumer goods giant mark auspicious start for revamped Parsippany campus

A joint venture has inked two key leases at a Parsippany office campus, providing a source of momentum as it enters the final stages of a plan to transform the well-known property.

Professional Services
EWMA plans Pru Center event, live stream to showcase remediation service

Environmental consulting firm EWMA is turning to two new formats — live sports and live streaming — to spread the word about its services.