AY's team will work closely with Mack-Cali's leasing team of Diane Chayes, Jim Nugent and Brian Golden, Heller said. “Mack-Cali just wanted some more boots on the ground on this assignment,” he added.

The office vacancy rate in Parsippany at large is a shade below 30% by various estimates, well above the state average of around 25%,

“We feel there is a lot of attraction to this park in particular, however,” says Heller. “It's centrally located, close to major highways. There are a lot of Fortune 500 companies in and around the campus, and a diversity of businesses – a whole melting pot, not pigeon-holed into one business category.”

Heller says there is bus service to the site, and access to a “fertile,” highly educated labor force in northern New Jersey, and Rockland County and Orange County, NY. The campus features a café, bank, and other conveniences, along with covered parking at some buildings.

Mack-Cali recently completed a renovations at the three-story 7 Campus Drive, updating the lobby with stainless steel, granite and wood finishes; upgrading glass in the entry plaza; and making improvements to the cafeteria and outdoor patio seating, plus adding a walkway from the parking lot to the building.

At 9 Campus Drive, the lobby and common areas were renovated with a new ceiling, carpeting, seating, lighting, granite finishes in elevators and a touch-screen directory.

“Tenants of 7 and 9 Campus Drive are afforded a world-class business environment that is further enhanced by Mack-Cali's commitment to consistently reinvesting in these office assets to maintain their competitive edge,” notes Heller.

Set on 600 acres off I-287, the Mack-Cali Business Campus has landscaped grounds with ponds, fountains and outdoor seating areas. The campus has a total of 17 office buildings and is home to a number of hotels, including a Hampton Inn, the Hilton Parsippany and the Residence Inn by Marriott Parsippany for extended stays. There is also a dry cleaners, Ruth's Chris Steak House, conferencing facilities, and a childcare center.

There is nearby access to major roadways including state Routes 10 and 202, and proximity to Route 24, I-78 and I-80, leading to the New Jersey Turnpike and Garden State Parkway.