Industrial
RRNNJ: Tenant demand fueling rebound in North Jersey, southern New York industrial market

The industrial market in and around Morris County is bouncing back after a challenging stretch, thanks to new tenant demand and the continued appeal of its highway network and labor force.

Office
Signature touts 38,000 sq. ft. in Q2 leasing in New Jersey, Long Island office buildings

Signature Acquisitions signed more than a dozen new leases, expansions or renewals in the second quarter across its New Jersey and New York office portfolio, the firm said Monday.

Industrial
Global metal supplier inks 85,000 sq. ft. renewal at Parsippany industrial building

A metal service center and distribution network in Parsippany has signed a lease renewal for more than 85,000 square feet, brokers with CBRE announced Tuesday.

Industrial
Saxum, Penwood eye new warehouse project in Parsippany after buying vacant office building

Another vacant office building in Parsippany is set to come down as part of a joint venture’s plan to construct a new 128,000-square-foot speculative warehouse just north of Route 10.

Office
B&G Foods takes 46,000 sq. ft. for new headquarters at revamped Parsippany office building

B&G Foods has found a new home in Parsippany after leasing 46,000 square feet at a soon-to-be-updated office building, brokers with JLL announced Monday.

Retail
Net-leased daycare center property in Parsippany sells for $4.3 million, Marcus says

A private investor has purchased the site of a net-leased daycare center in Parsippany for $4.3 million, brokers with Marcus & Millichap announced last week.

Professional Spotlight
Day Pitney LLP

Clients turn to Day Pitney’s Real Estate, Environmental and Land Use (RELU) team for sophisticated transactions, redevelopment projects and complex development applications facing significant local opposition. The team is at the forefront of real estate matters across New Jersey, advising on acquisitions, land use approvals, financings and redevelopment efforts. Recent work includes representing several private developer and institutional clients in obtaining warehouse development approvals, many of which had significant public opposition, assisting national homebuilder clients and private developer clients in major inclusionary housing developments and representing a Fortune 500 company in a headquarters move within New Jersey.

Office
JLL: Fully leased 204,000 sq. ft. office building in Parsippany on the market for sale

A real estate investment trust is looking to sell a nearly 204,000-square-foot office building in Parsippany, where brokers are touting an upscale work environment with reliable cashflow.

Office
Onyx: Fintech insurance firm Acrisure takes 43,000 sq. ft. at The Arbors in Parsippany

Onyx Equities has leased more than 43,000 square feet in Parsippany to Acrisure, a major fintech insurance firm, inking its latest deal at a revitalized five-building office campus.

Industrial
Iron Hill: Construction set to begin for 122,000 sq. ft. Link Logistics warehouse in Parsippany

Iron Hill Construction Management has broken ground on a nearly 122,000-square-foot warehouse in Parsippany, where Link Logistics is repurposing a former vacant office property.