Office
Garden State of mind: Postell, McDonough reflect on five years since the opening of Transwestern’s N.J. office

Transwestern, which is now marking five years since it officially opened in New Jersey, has since become a player in the state’s office, industrial and retail sectors. It has seen its annual transaction volume double since 2012 — while its property management portfolio has grown during that time to 4 million square feet from 485,000 square feet — with a platform that offers more than just brokerage services.

Industrial
Colliers adds veteran industrial broker

Noah Balanoff has joined Colliers International Group as an executive managing director, as part of an expansion of its industrial and supply chain platform in New Jersey.

Office
Normandy sells Zoetis HQ building in Parsippany for $44M

A group led by Normandy Real Estate Partners has sold a Parsippany office building for $44 million, following a gut rehabilitation project that attracted a blue-chip pharmaceutical tenant.

People
Four young brokers join Colliers N.J. team

Colliers International Group Inc. has added four new professionals to its brokerage teams in Parsippany and Princeton, marking its continued expansion in New Jersey.

Office
Health care marketing firm renews lease in Parsippany

Ogilvy CommonHealth Worldwide has leased nearly 85,000 square feet in a renewal at Morris Corporate Center III in Parsippany, real estate services firm JLL said Tuesday.

Guest Columns
A tale of two suburbs: Matching tenants, landlords in N.J.

New Jersey’s commercial real estate and business communities are paying significant attention to the repositioning of New Jersey’s aging suburban office campuses as highly amenitized live/work/play environments. And equal focus is being placed on the hyper-customization of interior spaces — especially for headquarters operations — with open layouts and design elements that speak to an organization’s distinct corporate culture.

Office
Avison Young brokers 380K sq. ft. in leases in Q3

A technology firm has renewed the lease at its headquarters office in Bridgewater, one of more than 20 deals brokered in the third quarter by Avison Young’s New Jersey office.

Office
Mack-Cali has a new gameplan in Parsippany

For all the talk of white elephants and stranded assets, landlords who have paid to upgrade well-located, suburban office buildings in New Jersey have seen tenants come calling. That’s part of the strategy for Mack-Cali Realty Corp. in Parsippany — but on a bigger scale.

Office
SJP, insurance firm reach deal for space in Morris County

An insurance brokerage has inked a 19,000-square-foot lease at Morris Corporate Center IV, SJP Properties’ sprawling Class A office park at the nexus of four highways in Parsippany.

Professional Services
Three new associates bolster NAI Hanson sales team

NAI James E. Hanson has hired three new sales associates to join its growing team in Parsippany, the commercial real estate firm announced Wednesday.