JLL picks up leasing assignment for Silverman Group in New Jersey

JLL picks up leasing assignment for Silverman Group in New Jersey

Published at: 2019-06-27 15:52 | Author: CIJ USA
The Silverman Group has selected Jones Lang LaSalle as the exclusive leasing agent for a new Class A office space to be developed in downtown Morristown, N.J. The new 110,000 sqf facility will be built on top of an existing 27,790 sqf retail space at 58 South Street and 10 Pine Street. The two story addition will come with a new 290-space mechanical parking deck to be built behind the building on the site of the current parking lot.

“There are no existing properties in downtown Morristown that can accommodate tenants seeking 30,000 square feet of space,” said JLL VP Jon Compitello. “The Silverman Group is meeting this demand and creating a dynamic new opportunity with this development.”

Similar Stories:

Tomoka Land buys Virginia office asset for $18.6m
Consolidated-Tomoka Land Co., based in Daytona Beach, has closed on the $18.6 million purc  »
Washington Capital Management acquires Fairmont Building in Bethesda, MD
The Bainum Family Foundation has closed on the $45.4 million sale of the Fairmont Building  »
Waterway Capital pays $30m for offices in Westport, CT
Waterway Capital has paid just over $30 million for 8 & 10 Wright Street, a Class A of  »
Moët Hennessy relocates to 7 World Trade Center
Moët Hennessy has signed a new lease at 7 World Trade Center to serve as the companies ne  »
“Steady,” “healthy,” “robust” and even “outperformed” were some of the adj   »
Orlando’s economic prospects haven’t looked so positive in ages. Not only are Florida   »
From the north to the south of Florida, occupancy rates of the largest office towers are r   »
Tampa mayor Bob Buckhorn was on hand at the groundbreaking ceremony as a show of support f   »