A furniture retailer is set to open a new 12,000-square-foot store and showroom along Route 46 in Parsippany, following a deal arranged by brokers with NAI James E. Hanson.
Teva Pharmaceuticals isn’t the only life sciences company to impact New Jersey’s office market this year, as several others have inked sizable leases to expand or upgrade their space.
The founders of Hollister Construction Services have turned over the reins to a new crop of top executives, as its longtime CEO transitions to a strategic role outside of day-to-day management.
Mack-Cali Realty Corp. welcomed brokers and other industry professionals recently for an open house in Parsippany, where it showed off the types of new amenities and upgrades that are meant to transform its suburban office buildings.
A flurry of large leases provided a jolt to New Jersey’s office market in the second quarter, but the story was vastly different when it came to investment sales. Fortunately, there are signs of a rebound on the horizon.
New Jersey’s largest office lease of the year to date is official. Brokers with JLL this week announced the completion of Teva Pharmaceuticals USA Inc.’s 345,000-square-foot lease at 400 Interpace Pkwy. in Parsippany, known as MCCBLUE, under a deal with P3 Properties.
Teva Pharmaceuticals will move its U.S. headquarters to Parsippany from Pennsylvania, Gov. Phil Murphy said Thursday, bringing nearly 850 jobs and a commitment to occupy nearly 350,000 square feet.
