Retail
Newmark brokers sale of Route 46 retail site in Parsippany

Three freestanding retail buildings along Route 46 in Parsippany have changed hands, following a sale arranged by brokers with Newmark Associates.

Residential & Mixed Use
Developer buys Parsippany site slated for 325 apartments, C&W says

A developer has acquired a site in Parsippany that is fully approved for the construction of 325 upscale apartments, in a newly completed transaction by Cushman & Wakefield.

Office
Virtual tours, open houses providing exposure for commercial properties during pandemic

As pandemic continues, landlords and brokers have turned to virtual open houses and other tools to showcase their newly upgraded office buildings in New Jersey.

Professional Spotlight
Langan announces six promotions in New Jersey offices

Langan has elevated six members of its leadership team in New Jersey as part of a recent slew of promotions across the engineering and environmental services firm.

Office
Mack-Cali sells 155,000 sq. ft. office building in Parsippany

Mack-Cali Realty Corp. has sold another Parsippany office building, this time for nearly $13 million, as it continues its exit from New Jersey’s suburban markets.

Office
Printing equipment maker inks 34,000 sq. ft. lease, moves headquarters to Parsippany

A global printing equipment company has moved its North American headquarters to Parsippany, where it’s leasing nearly 35,000 square feet as part of a newly announced transaction by Avison Young.

Professional Services
Langan adds to consulting team in Parsippany, Westchester offices

Langan has made two additions to its tristate consulting team, including a new hire in its Parsippany office.

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.