People
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.…

Office
VREP, Rubenstein acquire another piece of Morris Corporate Center in Parsippany

A familiar joint venture has acquired a 340,000-square-foot office complex in Parsippany, less than two months after announcing its purchase of an adjacent sister property on the campus.

Industrial
Logistics firm inks 254,000 sq. ft. industrial lease in Piscataway

A third-party logistics company has committed to a major expansion with a newly signed lease at a Piscataway industrial building, brokers with Colliers International said.

Office
Plumbing products firm inks 61,000 sq. ft. HQ lease in Parsippany

A maker of plumbing products is moving its North American headquarters to Parsippany, under a 60,600-square-foot lease announced Friday by Colliers International.

Office
Health care lease in Parsippany among 2017 highlights for Bergman

Bergman Real Estate Group has inked a 52,000-square-foot lease with a life sciences company in Parsippany, one of more than 100 transactions completed by the firm in 2017.

Office
Owner set to debut upgrades at 36,000 sq. ft. Parsippany building, NAI Hanson says

A landlord is nearing completion of a plan to modernize a 36,289-square-foot office building in Parsippany, with an eye toward attracting small businesses to the new-look property.

Deals
Ripco: Shake Shack coming to new Parsippany retail center

Shake Shack will be among the tenants at a 157,000-square-foot shopping center now under construction in Parsippany, under a newly announced lease with RD Management and JMF Properties.

Office
NKF: Rubenstein, VREP acquire 351,000 sq. ft. Parsippany complex

A joint venture has made its latest move in Morris County with the acquisition of a 351,000-square-foot, Class A office complex in Parsippany, in a sale arranged by brokers with Newmark Knight Frank.

Office
Investment firm taps JLL to market Parsippany office complex

The new owner of Morris Corporate Center III is set to rebrand the property, having hired JLL to market and lease the 541,000-square-foot office complex.

Office
NKF: Newark, suburban downtowns show strength in 2017 amid struggling office market

Despite suffering the largest occupancy losses in nearly a decade, the northern New Jersey office market emerged from 2017 with reasons to be optimistic.