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Arch Reinsurance Co. to Relocate to Advance@Southgate

MORRIS TOWNSHIP, NJ-The insurance company is moving from a similarly sized but differently configured space in Morristown.

By Debra Hazel | Updated on January 05, 2012

MORRIS TOWNSHIP, NJ-Arch Reinsurance Co. will relocate its corporate headquarters from Morristown to Advance@Southgate at 445 South St., says co-owner Advance Realty.

Advance acquired the then-vacant building in a joint venture with Strategic Capital Partners in December 2005, and spent the next 18 months renovating it into class A space, says Advance managing director Brian Banaszynski, who represented the owner in the most recent transaction. The 320,000-square-foot project still has 30,000 square feet available, but is now effectively stabilized.

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