Search
 

Pfizer Signs 113,000-SF Lease

PARSIPPANY, NJ-The company's Global Pharmaceutical Group is using the top three floors at SJP Properties' Morris Corporate Center IV as a regional sales office. GVA Williams put the deal together for the tenant.

By Eric Peterson | Updated on October 31, 2003

PARSIPPANY, NJ-Pfizer Inc. has signed a long-term lease for a total of 112,898 sf of class A office space at Morris Corporate Center IV here. The world’s largest pharmaceutical company is occupying the top three floors of the 180,000-sf, five-story building, which is located in the second phase of SJP Properties’ Morris Corporate Center. Pfizer’s Global Pharmaceutical Group is using the space as a regional sales office. The terms of the transaction, a lease renewal in which Pfizer expanded its space at the location, were not disclosed.

“We are pleased to have met the operational needs of Pfizer, which is our long-term client,” says Lee Kosmac, senior vice president of GVA Williams, whose New Jersey offices are based here. Kosmac teamed with Joel Orenstein, formerly of GVA Williams, to put the deal together for the tenant.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.