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Altman Joint Venture Secures 22 Million Loan for Apex Logistics Development in Parsippany

Parsippany, NJLocal News

Altman Logistics Properties secured $22 million in construction financing for the Apex Logistics project in Parsippany, New Jersey. The 140,000-square-foot Class A logistics facility will be developed in partnership with Renard Investments Group and DHS Real Estate Investment Management B. V. Sitework is scheduled to begin in early 2025, with vertical construction planned for mid-year and substantial completion expected by late 2025. Mark Levy, President of Altman, emphasized the increasing demand for modern logistics facilities in New Jersey's constrained market.

The facility's location at the intersection of I-80 and I-287 provides direct access to several major highways, making it strategically advantageous. Altman aims to meet the demand for infill logistics products in the region. The firm has a history of developing logistics hubs in high-demand areas, recently acquiring a site for a larger warehouse project in Hamilton Township. This development solidifies Altman's commitment to enhancing New Jersey's logistics and industrial market.

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Parsippany, NJLocal News

Denville Police Arrest Resident on Multiple Weapons Charges Following Investigation

Denville police charged 27-year-old Robert Benyo with multiple weapons offenses following a search warrant executed at his residence on Beaver Brook Lane. The investigation, initiated after reports of gunfire, led to the recovery of several illegal firearms. Benyo is currently held in the Morris County Correctional Facility awaiting a court appearance.

Parsippany, NJLocal News

Crossing Guards Needed

The Parsippany-Troy Hills Police Department seeks applicants for multiple Crossing Guard positions, working 4–5 hours daily to ensure student and pedestrian safety. Interested candidates can apply in person at Town Hall or download the application from the police website. For inquiries, contact Haleema Ahmed at the provided email.

Parsippany, NJLocal News

Grand Re-Opening and 5-Year Anniversary Celebration at GEICO Morris Plains

GEICO Morris Plains celebrated its Grand Re-Opening and 5-Year Anniversary on November 15 with a ribbon-cutting ceremony attended by local leaders and customers. Owner Christian Aracena emphasized the agency's commitment to the community and its growth over the past five years, aiming to continue providing exceptional service.