Office
How 300 Kimball set the tone in suburban office redevelopment (PHOTOS)

A decision by State Farm Insurance to vacate 300 Kimball Drive in Parsippany was not just an opportunity for Transwestern’s New Jersey team in 2012. It provided a roadmap for other landlords, investors and brokers to create new value within the state’s glut of suburban office stock.

Professional Services
Veteran N.J. broker joins Transwestern as VP

Transwestern has added a 13-year industry veteran as the newest member of its leasing and sales team in New Jersey, the real estate services firm said this week.

Office
N.J. sees a rare infusion of sublease space, Transwestern says

Vacant sublease space in New Jersey’s office market has reached its highest level in four years, thanks in part to a string of major corporate relocations within the state in recent months. But experts say that’s no cause for alarm.

Industrial
Transwestern: Rents soaring in Turnpike submarkets

Research by the firm has found that rents for warehouse and distribution space, particularly along the New Jersey Turnpike, are shattering the asking prices of landlords, as the competition among tenants becomes especially fierce.