Cushman & Wakefield Awarded Morris Corporate Center IV Phase II Assignment
Firm will Market and Lease the 350,000-square-foot Class A Property for new owner MetLife
Parsippany, NJ (I-Newswire) March 15, 2013 - Commercial real estate services firm Cushman & Wakefield, Inc. has been tapped by new owner MetLife to market and lease Morris Corporate Center IV Phase II, an interconnected two-building, 350,000-square-foot Class A office complex in Parsippany. The Cushman & Wakefield team will be comprised of Ken Flynn, Jr., Bill Brown and Jason Tenenbaum of the firm's Morristown, N.J. office.
"Morris Corporate Center IV Phase II is a Class A, award-winning office property," said Robert Merck, Global Head of MetLife Real Estate Investors. "We are pleased to be collaborating with Cushman & Wakefield on a significant capital improvement and leasing enhancement program, which will begin immediately." The program includes common area enhancements, upgrades to the cafeteria and fitness center, renovations of the main and side lobbies, and preparation of the buildings' vacancies.
"MetLife is a strong owner with a great reputation and financial strength. With that combination, we anticipate a great deal of interest in this trophy asset," said Flynn. "This is a highly prestigious property, and we look forward to working with MetLife on this important assignment," said Flynn.
Acquired recently by MetLife, Morris Corporate Center IV Phase II is a high-end, Energy Star property situated at 369 and 379 Interpace Parkway and consists of two interconnected five-story buildings with immediate access to the multiple interchanges of I-80 and I-287. Constructed in 1999, the property has had a strong occupancy history, including such corporate names as Pfizer and Evonik Degussa. Currently vacant as the result of a corporate consolidation and a relocation within the submarket, the buildings offer prospective tenants 42,000-square-foot floorplates.
About Caryl Communications, Inc.
Caryl Communications, Inc.
40 Eisenhower Drive
Phone : 201-796-7788
Published On:March 15, 2013
Print Release:Print Release
If you have questions regarding information in this press release contact the company listed above. I-Newswire.com is a press release service and not the author of this press release.The information that is on or available through this site is for informational purposes only and speaks only as of the particular date or dates of that information. As some companies and PR Agencies submit their press releases once per week,month or quarter, make sure to check the official company website for accurate release dates as our site displays the I-Newswire.com press release distribution date only.We do not guarantee the accuracy or completeness of information on or available through this site, and we are not responsible for or omissions in that information or for actions taken in reliance on that information.
FSO & Digiscribe Enter Strategic Partnership to Provide Next Generation of Mail, Document & Scanning Services
EzPaycheck Payroll Software Offers The Option To Print Miscellaneous Checks Without Tax Deductions
Floor & Decor’s Grand Opening in Memphis Now Scheduled for Thursday, July 25, 2013
WPP Completes Successful Emergency Maintenance Intervention for Cushman & Wakefield of Texas
Focus Pointe Global Appoints Robert Stephens as Chief Technology Officer