142,352 Square Feet of Leases Concluded at 44 Whippany Road

142,352 Square Feet of Leases Concluded at 44 Whippany Road

Marcus Partners Inks Four Office Leases

MORRISTOWN, N.J., Sept. 11, 2018 – Four new leases and a renewal reflect strong demand at the newly renovated 44 Whippany Road, a property owned by an affiliate of Marcus Partners. Cushman & Wakefield serves as exclusive leasing agent for the 230,000-square-foot, Class A office property. Last year, the property underwent a $7 million capital improvement program.

Global pharmaceutical company Alvogen Pharma US, Inc. signed a new 84,609-square-foot lease. Gregg Kelman of GK Realty Services represented Alvogen. Keller Williams Realty Metropolitan committed to a new 15,404-square-foot lease. Peter Shikar of CBRE represented the tenant. The law firm of Donahue, Hagan, Klein & Weisberg, LLC renewed its New Jersey headquarters lease for 6,000 square feet at the property. Susanne Newmark of Newmark Associates represented the tenant. Orloff, Lowenbach, Stifelman & Siegel, P.A. leased 14,658 square feet with David Stifelman of JLL having represented Orloff. An additional tenant signed a 21,681-square-foot lease.

Cushman & Wakefield’s Bill Brown, Jon Williams and Heather Polhamus, based in Morristown, N.J., head the 44 Whippany Road leasing team.

Marcus Partners’ capital improvement campaign transformed the property into a modern, amenity-rich office environment. 44 Whippany now features a new café, fitness center, and 95-seat conference center. The property was further improved through a new entry and glass canopy, façade enhancements, and upgrades to common areas.

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value by putting ideas into action for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with 48,000 employees in approximately 400 offices and 70 countries. In 2017, the firm had revenue of $6.9 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.

2018-09-11T16:50:35-04:00September 11th, 2018|Press Room|0 Comments

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