Lincoln Property Co. has acquired a 114,000-square-foot office property in Parsippany, in a deal brokered by HFF’s New Jersey 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.
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.