Class A Morris County Office Campus Recognized Among Parsippany’s Finest
Brookwood Financial Partners, LLC has named commercial real estate services firm Cushman & Wakefield as exclusive leasing agent for Morris Corporate Center 1& 2 in Parsippany, N.J. William O’Keefe, Raymond Trevisan, Charles Parmelli and Kelsey Nakamura are heading the assignment out of the company’s Morristown, N.J., office.
Morris Corporate Center 1 & 2offers 529,000 square feet of Class A office space at 300 Interpace Parkway and 1 Upper Pond Road. The 31-acre, two-building campus features preserved woodlands, a 1.5-mile walking/jogging trail and a courtyard with outdoor seating, pond and fountain. Tenants can take in the surrounding scenery and views from private balconies connected to their spaces.
“This asset has long been known as a desirable corporate address within Morris County,” O’Keefe noted. “The Parsippany market continues to attract firms involved in a wide range of industries, looking to benefit from the area’s strong labor pool and location. Morris Corporate Center 1 & 2 is among the finest properties in this market and has attracted tenants due to its outstanding location, numerous amenities and responsive, institutional ownership.”
Prominent tenants at Morris Corporate Center 1 & 2 include Zurich Insurance, TD Bank, York Risk Services, ICAP, Ipsos and Mutual of America, among others. These organizations benefit from recently renovated amenities including two modernized cafeterias with catering services; state-of-the-art conferencing facilities and training center; 5,000-square-foot fitness and aerobics center; executive covered parking and abundant surface parking; onsite security and property management; and conveniences like campus-wide WiFi connectivity, an ATM, a tenant dry cleaning service and an after-hours coffee bar. The lobbies and common areas have been completely renovated, further cementing Morris Corporate Center 1 & 2’s position as a premier office destination in Northern New Jersey.
“We are excited to partner with Cushman & Wakefield to introduce the new Morris Corporate Center 1 & 2 to the market,” said Matt Brown, Vice President and Asset Manager of Brookwood. “We chose Cushman & Wakefield for this assignment because of the firm’s energy and strong track record in the marketplace, and are very confident that our partnership on this property will quickly bear results.”
Strategically situated at a four-way interchange off I-80 – less than one mile from the intersection of I-287 and Routes 46 and 202 – Morris Corporate Center 1 & 2 is located just 30 miles from New York City and even closer to Newark Airport. The campus sits adjacent to the Sonesta Suites Hotel and is convenient to fine dining, retail and mass transit.
Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop and live. The firm’s 43,000 employees in more than 60 countries provide deep local and global insights that create significant value for occupiers and investors around the world. Cushman & Wakefield is among the largest commercial real estate services firms with revenues of $5 billion across core services of agency leasing, asset services, capital markets, facility services (branded C&W Services), global occupier services, investment & asset management (branded DTZ Investors), project & development services, tenant representation and valuation & advisory. To learn more, visit www.cushmanwakefield.com or follow @CushWakeon Twitter.
About Brookwood Financial Partners, LLC – Brookwood is a nationally-recognized private equity investment firm that specializes in acquiring and managing value-add commercial real estate and related operating businesses on behalf of a select group of institutional investors, family offices and high net worth individuals. Since its founding in 1993, Brookwood has raised over $810 million of equity to acquire a portfolio of 199 commercial real estate and convenience store properties, with a realized and unrealized value in excess of $2.2 billion. The portfolio has spanned multiple asset classes, geographical markets and industries across the United States. www.brookwoodfinancial.com
