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.
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.
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.
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.
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.
A fulfillment vendor for Amazon is taking nearly 70,000 square feet at a warehouse and distribution facility in Parsippany, according to Resource Realty of Northern New Jersey.