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EWMA readies for environmental remediation changes set out in SRRA 2.0

Comprehensive updates to New Jersey’s 2009 Site Remediation Reform Act (SRRA), signed into law on August 23, will impact how thousands of properties in the state are remediated and redeveloped.

Professional Services
Hollister grows footprint, acquires South Jersey construction firm

Hollister Construction Services has acquired a Marlton-based builder and general contractor, expanding its reach into southern New Jersey and Philadelphia.

Office
NAI Hanson touts Parsippany leases totaling 8,600 sq. ft.

Three tenants have leased a combined 8,600 square feet at a renovated boutique office building in Parsippany, brokers with NAI James E. Hanson said Thursday.

Professional Services
Riding the wave: Booming multifamily sector has fueled the latest growth spurt for Planned Cos.

With roots that date back more than 100 years, a Parsippany-based firm that provides janitorial, security, concierge and other services has seen its business spike in recent years amid the wave of new construction and new ownership within the multifamily space.

Finance & Capital Markets
Prism announces refi at Parsippany office building

Prism Capital Partners has refinanced a 206,000-square-foot office building in Parsippany, touting the transaction as another milestone for the firm’s original investment property.

Office
Colliers closes sale of 30,000 sq. ft. office building in Parsippany

A boutique multitenant office building in Parsippany is under new ownership, following a $3.5 million sale arranged by brokers with Colliers International.

Office
HFF tapped to sell 105,000 sq. ft. T-Mobile campus in Parsippany

The Parsippany office building that is home to T-Mobile’s regional headquarters is up for sale, according to brokers with HFF who are marketing the property.

Office
Buyer wanted for 544,000 sq. ft. Parsippany office campus

A well-known office complex in Parsippany is on the market for sale, brokers with HFF said, touting the chance to make additional upgrades and lease up more than 180,000 square feet.

Top News
Redevelopment of ‘white elephant’ in Parsippany is moving ahead, anchored by plans for downtown-style shopping and dining

Four years after acquiring a defunct office complex in Parsippany, Stanbery Development Co. is on a clearer path toward fulfilling its plans for a high-end, downtown-style destination at the 17-acre site, which includes about five acres in neighboring Hanover. Known as The District at 1515, the project calls for 100,000 square feet of retail space, 441 residential units and a hotel.

Professional Services
Kimmerle honored for design of biotech firm’s HQ in Jersey City

A leading New Jersey business organization has recognized Kimmerle Newman Architects for its design of a biotech firm’s new headquarters in downtown Jersey City.