LMC adds veteran property management exec

Levin Management Corp. has made another addition to its team, hiring a longtime property management executive to help oversee its growing commercial portfolio.

Spec office space coming to uptown Hoboken as Toll Bros. project nears completion

Construction is underway at the final piece of major mixed-use development in uptown Hoboken, where plans call for more than 100,000 square feet of office space alongside retail and luxury condominiums.

New Jersey industrial rents ‘skyrocket’ as demand outpaces supply, Transwestern says

Demand for New Jersey industrial space continues to surge, causing asking rents to skyrocket even as developers race to deliver new buildings.

Florham Park: Biotech firm set to begin move to new 147,000 sq. ft. headquarters

A biotechnology company is consolidating its headquarters, manufacturing and research and development functions as part of a new full-building, 147,215-square-foot lease in Florham Park.

Transwestern taps Banaszynski as partner with national development arm

Industry veteran Brian Banaszynski has joined Transwestern’s national development arm, where he will spearhead the firm’s expansion into the Northeast industrial market.

Transwestern moving, expanding New Jersey office in Morris County

Transwestern is on the move in New Jersey, announcing plans to grow its footprint and shift its operations from Parsippany to Florham Park.

Morristown office building sold for $5 million

A nonprofit has reaped $5 million from the sale of its 20,000-square-foot office building in downtown Morristown.

CHA acquires, plans to convert ex-Novartis office building in East Hanover

A developer has acquired an 81,000-square-foot office building in East Hanover, with plans to renovate the property and reposition it as a skilled nursing and rehabilitation center.

Hoboken: Toll Bros. project includes 125,000 sq. ft. spec office component

New office space is coming to uptown Hoboken, as Toll Bros. prepares to start work on the final piece of a mixed-use redevelopment that goes back more than 15 years.

Record rent growth continues in N.J. industrial market

By many accounts, rent growth in New Jersey’s industrial sector continues to be unprecedented. Research from multiple real estate service firms shows that average rental rates across the market hit several milestones this summer.