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Software Company Signs 24,000-SF HQ Lease

MT. ARLINGTON, NJ-Storis Management Systems is moving into Mt. Arlington Development's 132,000-sf 400 Valley Rd. It is the first of three new buildings within an existing four-building office campus.

By Eric Peterson | Updated on December 01, 2005

MT. ARLINGTON, NJ-Storis Management Systems has signed a lease for 24,432 sf at 400 Valley Rd., a 132,000-sf class A office building being developed by Mt. Arlington Development LP. The systems software company is moving its headquarters here from its existing location in Parsippany.

“The Parsippany location just didn’t do it for us, based on our employees and local road patterns,” says Storis’ president and CEO Donald J. Surdoval. “Our move is also a highly complex one with intricate construction and fit-up considerations.”

Randy Eigen, managing director of CB Richard Ellis, was the exclusive broker repping Mt. Arlington Development. Storis was represented by Eric Ladden of Cornerstone Realty. Terms of the lease were not disclosed.

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