Industrial
Saxum, Penwood eye new warehouse project in Parsippany after buying vacant office building

Another vacant office building in Parsippany is set to come down as part of a joint venture’s plan to construct a new 128,000-square-foot speculative warehouse just north of Route 10.

Office
B&G Foods takes 46,000 sq. ft. for new headquarters at revamped Parsippany office building

B&G Foods has found a new home in Parsippany after leasing 46,000 square feet at a soon-to-be-updated office building, brokers with JLL announced Monday.

Retail
Net-leased daycare center property in Parsippany sells for $4.3 million, Marcus says

A private investor has purchased the site of a net-leased daycare center in Parsippany for $4.3 million, brokers with Marcus & Millichap announced last week.

Professional Spotlight
Day Pitney LLP

Clients turn to Day Pitney’s Real Estate, Environmental and Land Use (RELU) team for sophisticated transactions, redevelopment projects and complex development applications facing significant local opposition. The team is at the forefront of real estate matters across New Jersey, advising on acquisitions, land use approvals, financings and redevelopment efforts. Recent work includes representing several private developer and institutional clients in obtaining warehouse development approvals, many of which had significant public opposition, assisting national homebuilder clients and private developer clients in major inclusionary housing developments and representing a Fortune 500 company in a headquarters move within New Jersey.

Office
JLL: Fully leased 204,000 sq. ft. office building in Parsippany on the market for sale

A real estate investment trust is looking to sell a nearly 204,000-square-foot office building in Parsippany, where brokers are touting an upscale work environment with reliable cashflow.

Office
Onyx: Fintech insurance firm Acrisure takes 43,000 sq. ft. at The Arbors in Parsippany

Onyx Equities has leased more than 43,000 square feet in Parsippany to Acrisure, a major fintech insurance firm, inking its latest deal at a revitalized five-building office campus.

Industrial
Iron Hill: Construction set to begin for 122,000 sq. ft. Link Logistics warehouse in Parsippany

Iron Hill Construction Management has broken ground on a nearly 122,000-square-foot warehouse in Parsippany, where Link Logistics is repurposing a former vacant office property.

Office
CBRE: Investors sell revamped 80,000 sq. ft. office building in Parsippany for $10.2 million

An investment group has sold a nearly 80,000-square-foot office building in Parsippany for $10.2 million, in a newly announced deal by CBRE.

Office
JLL: Signature acquires 100,000 sq. ft. office building, adding third piece of Parsippany campus

Signature Acquisitions has acquired its third building in a well-known office campus in Parsippany, adding more than 100,000 square feet under a sale arranged by JLL.

Professional Services
Resource Realty of Northern New Jersey eyes continued growth as it marks 35th anniversary

Resource Realty of Northern New Jersey is marking 35 years in business while staying focused on the future, with a growing leadership team and an expanding geographic footprint.