A landlord is planning a $1 million overhaul of a two-building office park in Parsippany, hoping to capitalize on the site’s location between Interstate 80 and Route 46.
An investment firm has expanded its New Jersey holdings with the acquisition of a 73,000-square-foot office building in Mount Olive, according to brokers with JLL.
Mack-Cali Realty Corp. has sold another Parsippany office building, this time for nearly $13 million, as it continues its exit from New Jersey’s suburban markets.
The recent buyers of a nearly 230,000-square-foot office building in Florham Park have landed $30 million in financing, according to brokers who arranged the transaction.
The KABR Group and Kushner Cos. have sold a nearly 270,000-square-foot office building in Ridgefield Park, in a newly completed transaction by Cushman & Wakefield.
A joint venture has acquired a 228,000-square-foot office building in Florham Park, under a newly announced deal by JLL’s New Jersey capital markets group.
Mack-Cali Realty Corp. has shed another suburban office building in Morris County, inking the sale of a nearly 170,000-square-foot property in Florham Park.
A joint venture has sold a well-known office complex in Hackensack for $123 million, in the largest of four year-end investment sales in New Jersey by CBRE’s institutional properties team.