Finance & Capital Markets
JLL suburban tristate capital markets team inks $4.7 billion in 2022 sales

Brokers with JLL’s suburban tristate capital markets team are forecasting a busy 2023 after a year in which they completed some $4.7 billion in sale transactions.

Professional Services
Sax names Top 50 accounting firm veteran as new CFO

Sax LLP, the Parsippany-based accounting, tax and business advisory firm, has named a new chief financial officer.

Finance & Capital Markets
C&W: Developers land $147 million construction loan for Parsippany redevelopment project

A development team has secured nearly $147 million in construction financing for a project that will bring some 500 new apartments and retail space to Parsippany, revitalizing the former site of a defunct office complex on Route 10.

Office
Turtle & Hughes moving HQ to Clark, in 27,000 sq. ft. lease with Signature Acquisitions

Turtle & Hughes, a national distributor of electrical and industrial equipment, is moving its corporate offices to Clark under a newly announced lease by Signature Acquisitions.

Deals
KenKap: Route 46 office, restaurant properties in Parsippany trade for $4.2 million

A local investor has purchased the site of an office building and an adjacent restaurant property in Parsippany for $4.2 million, in a transaction arranged by KenKap Realty Corp.

Professional Spotlight
Day Pitney real estate, land use lawyer in New Jersey named partner

An attorney with Day Pitney LLP’s real estate and land use team in New Jersey is now a partner, in one of 11 newly announced promotions across the firm’s East Coast offices.

Office
JLL: Parsippany office building sells for $88 million, in latest trade of 400,000 sq. ft. property

Signature Acquisitions has added to its suburban office portfolio in New Jersey with its purchase of a well-known, 400,000-square-foot property in Parsippany for $88 million.

Professional Spotlight
Langan

Langan is fortunate to work with New Jersey’s best developers, largest corporations and state agencies, as well as top e-Commerce, hospitals, universities, K-12 schools, airports and energy companies. Our many teaming partners range from architects and construction companies to law firms and the entire real estate community.

Office
Signature Acquisitions taps Newmark as leasing agent for two Parsippany office buildings

Signature Acquisitions has hired Newmark to spearhead leasing at two office buildings along Interstate 287 in Parsippany, the firms announced Tuesday.

Professional Spotlight
Minno & Wasko Architects and Planners

MINNO & WASKO’s staff has extensive experience in all forms of residential and mixed-use construction. “Our designs are responsive to each individual market and are unique in creating projects that have lasting value to Owners and residents.” “We are about place-making and streetscape animation.”