The new digs measure out at 16,500 square feet for Financial Executives, a short move from the association's previous HQ in Florham Park, NJ. The lease brings the 600,000-square-foot property to just under 90% leased.

"The geographic search involved a number of locations in Northern New Jersey and the Morristown area became the primary focus beacuse of the amenities available for their employees and train availability offering convenient acces to midtown Manhattan," says Kevin Murphy, principal of Newmark Knight Frank, in a release. The nearby Morristown and Morris Plains train stations are roughly 60-minutes from New York Penn Station and Hoboken, NJ.

The class A office property is not the sole inhabitant of the plaza, which also boasts 100,000 square feet of office mall and a 256-room Hyatt Morristown Hotel, as well as a 3,000-sqace indoor parking garage. Murphy and Griner of NKF's Rutherford, NJ office repped FEI in the transaction, while Marc Rosenberg of Cushman & Wakefield represented owner Olnick-Fisher.