A joint venture is set to break ground on more than 281,000 square feet of new industrial space in Parsippany, in a project that will revitalize another former office property in the township.
The owner of a Parsippany office building is seeking a buyer for the nearly 194,000-square-foot asset, following a substantial update that spurred a flurry of notable leases in recent years.
A developer has secured construction and bridge financing for a planned 709-unit self-storage facility in Somerset County, brokers with JLL announced Monday.
Devli Real Estate has acquired a 37,000-square-foot industrial building in Leonia, expanding its presence in a supply-constrained submarket near the George Washington Bridge.
American Equity Partners has signed two notable leases at a Parsippany office building, including a deal to bring Provident Bank to the nearly 197,000-square-foot property.
Greek Real Estate Partners has lined up another project in Southeast Pennsylvania, adding a 12-acre site where it’s now building more than 81,000 square feet of new industrial space.
The acclaimed Mayo Performing Arts Center in Morristown is set to begin a major expansion and renovation after securing a $65 million tax credit award under a new state program.
CrownPoint Group and the Lamar Cos. have completed a new self-storage facility in Newark, delivering more than 1,200 units to the city’s bustling Ironbound section.
Kaplan Cos. has secured a $36 million construction loan for a planned six-building, 142-unit multifamily project in Sayreville, in a newly announced deal by JLL.
J.G. Petrucci Co. Inc. has secured joint venture equity and construction financing for a 330,000-square-foot industrial project in Pennsylvania’s Bucks County, brokers with JLL announced.
