NKF details $97 million loan for Parsippany office sale

A private debt lender provided a $97 million loan for a joint venture’s recent acquisition of the Morris Corporate Center IV campus in Parsippany, Newmark Knight Frank said Thursday.

NKF: Midsized deals in life sciences, tech highlight Q1 office leasing

A lease by a life sciences company in Morristown and a tech firm’s expansion in Hoboken were among New Jersey’s top office deals in the first quarter, as part of a market that saw availability inch downward to start the year.

Joint venture names NKF leasing agent at Morris Corporate Center IV

The new owners of two high-end office buildings at the Morris Corporate Center campus in Parsippany have tapped Newmark Knight Frank to oversee leasing at the properties.

MCEDC honors real estate deals, business leaders at annual luncheon (SLIDESHOW)

The Morris County Economic Development Corp. recently hosted its 26th annual Partners in Economic Development Awards Luncheon, in an event that recognized several high-profile real estate deals in the county from the past year.

Saxum names new director of leasing

Saxum Real Estate has hired a new director of leasing for its growing roster of downtown commercial buildings.

VREP, Rubenstein detail plans to integrate newly acquired Parsippany campuses

A joint venture will set out to connect two pieces of the Morris Corporate Center property in Parsippany, creating what it says is a campus that can support a tenant requirement of more than 500,000 square feet.

JLL hires longtime Mack-Cali leasing executive

The former head of leasing for Mack-Cali Realty Corp. has joined JLL’s brokerage team in New Jersey.

New hire will help Hollister navigate a promising trajectory

By Joshua Burd As one of the state’s fastest-growing firms, Hollister Construction Services has bolstered its team with an executive who is well-versed in managing large-scale construction portfolios. The Parsippany-based firm has hired Christopher Cestone as its new vice president…

Guiding the way: Brennan, Simon have positioned Colliers for continued growth in New Jersey

It has been a busy three years for both Kim Brennan and David Simon, who have worked together to lead Colliers International’s expansion in northern and central New Jersey. The global real estate services firm has grown to about 36 leasing and sales brokers in the market — roughly double the size of its team in 2015 — with an expanded focus on industrial, retail and investments sales. Colliers is also marking one year since it opened an office in Woodbridge, its third in New Jersey, to help support its long-term ambitions.

Hollister promotes 11 in executive, project delivery ranks

By Joshua Burd Hollister Construction Services has announced nearly a dozen promotions within its executive and project delivery teams. The Parsippany-based firm said that both Brendan Murray and Matt Higgins have been promoted to the role of executive vice president.…