Industrial
Transwestern: Port activity, rent growth continue for N.J. industrial sector

The swell of cargo volume at the Port of New York and New Jersey has fueled the Garden State’s lowest industrial vacancy in more than 15 years, according to Transwestern, as rents continue to rise and leasing activity continues at a torrid pace.

Roundtable
What are the biggest challenges to construction and redevelopment in New Jersey?

What are the biggest challenges to construction and redevelopment in New Jersey? We assembled a panel of industry experts to tackle this month’s question.

Professional Services
Transwestern, other CRE firms named to ‘Best Places to Work’ list

Transwestern’s New Jersey office announced it has been recognized for the fourth straight year for its work environment and quality of life for employees, one of several real estate-related firms in the state to earn the distinction this year.

Office
HFF brokers sale of Parsippany office building

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

Professional Services
Longtime retail broker joins Colliers

Colliers International Group Inc. has added to its brokerage team in New Jersey with the hiring of a 27-year retail industry veteran.

Office
The case for the suburbs: Despite vacancy, owners stand out with dynamic spaces and strategies

Experts say the struggles of New Jersey’s suburban office market are not as clear-cut as many still believe. Those challenges are in fact real, but there are still plenty of opportunities for owners and developers to make a splash.

Industrial
NAI Hanson brokers health care deals in Morris County

Two health care and life sciences companies have found new homes in Morris County, following a set of leases brokered by NAI James E. Hanson.

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.