Slowly but surely, developers have begun to chip away at one of New Jersey’s most chronic issues when it comes to commercial real estate — the abundance of obsolete, aging office buildings that are no longer considered usable by modern standards.
E-Trade Financial Corp. and Teva Pharmaceuticals have applied for more than $60 million in combined tax credits for proposals in Jersey City and Parsippany, respectively, with the state Economic Development Authority slated to consider their applications on Tuesday.
Mill Creek Residential is celebrating the opening of its new luxury apartment community in Parsippany, its third multifamily project in Morris County since 2015.
Dewberry has promoted a dozen employees in its New Jersey offices as part of more than 80 promotions announced Thursday by the professional services firm.
After a lackluster end to 2017, executives with Mack-Cali Realty Corp. say leasing activity is poised for a rebound in its Hudson waterfront and suburban office buildings.
Vision Real Estate Partners has unveiled its plans to unify and transform two well-known, adjacent office buildings in Parsippany that it acquired recently with Rubenstein Partners.
Studio 1200 has completed its design of JLL’s new office space in Parsippany, creating what it says is a classic yet contemporary workplace for the real estate services firm.
An office park in Parsippany is under a single ownership for the first time in decades, HFF said, following an investor’s acquisition of seven properties on the campus.
Leasing volume in New Jersey’s office market has trended downward since last year, but observers are finding reasons to be optimistic heading into the spring.
