Office
P3 Properties acquires Morris Corporate Center III in Parsippany

A real estate investment firm has added to its growing office portfolio in the state, acquiring a piece of the well-known Morris Corporate Center campus in Parsippany.

Office
Mack-Cali details $50 million upgrades at office buildings in northern, central N.J.

Mack-Cali Realty Corp. has offered a glimpse at $50 million in upgrades it’s planning at a dozen suburban office buildings in the Parsippany, Short Hills, Metropark and Red Bank submarkets.

Professional Services
Tapping into technology: Virtual, augmented reality providing new frontier for design firm

Rotwein + Blake is hoping to tap into the next wave of innovation in the design of commercial real estate: virtual and augmented reality. The Livingston-based architecture firm is now hoping to integrate the technology into its practice going forward, seeing it as a tool that can both enhance the design process and create additional value for its clients.

Office
Design firm unveils new Parsippany HQ for maker of Nutella, Tic Tacs (SLIDESHOW)

Drawing inspiration from well-known brands such as Nutella, a Millburn-based architecture firm is touting the design of a newly completed headquarters space for Ferrero USA.

Finance & Capital Markets
Growing NKF capital markets team picks up seven assignments

Newmark Knight Frank is marketing four office and industrial properties for sale in northern and central New Jersey, along with a construction-ready development site in Bergen County.

Office
Office, medical building in Parsippany debuts new café and cardio studio

The owner of an office and medical building in Parsippany has unveiled a new café and fitness area at the 50,000-square-foot property.

Professional Services
Remediation, consulting business continues to evolve for Parsippany firm

With a history of guiding companies and site owners through government-mandated cleanups, EWMA has moved to expand its role in transactional real estate and adaptive reuse projects, all while seeking to add service lines that allow for longer-term relationships with its clients. In the process, the Parsippany-based firm has completed both an external rebranding in the marketplace and an internal plan to add new layers of expertise and build its talent pipeline for the future.

Retail
Two more Kmart stores slated to close in N.J.

At least eight Kmart stores in New Jersey will among those to have closed this year, following an announcement on Thursday that parent company Sears Holdings Corp. would shutter additional locations beyond the lists unveiled earlier this year.

Retail
Kimco: New small-format Target store planned for South Jersey retail center

Target has leased 48,000 square feet in Haddon Township, where one of the company’s new small-format stores will anchor a repositioning project being overseen by Kimco Realty Corp.

Retail
Developers break ground on Whole Foods-anchored center in Parsippany

Construction is underway at a new 150,000-square-foot retail center that is slated to bring a long-awaited new Whole Foods Market to Parsippany, the developers said Wednesday.