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GAF Takes Parsippany Building for New HQ

PARSIPPANY, NJ-The wan office market in Parsippany got some good news as GAF roofing manufacturers decided to invest in major renovations to a vacant office building for a new headquarters.

By Antoinette Martin | Updated on November 21, 2013

PARSIPPANY, NJ- This suburban office hub’s long-suffering market has gotten a shot in the arm with the sale of Realogy‘s vacant former headquarters to a roofing manufacturer that will turn the structure into its new corporate headquarters.

The 377,000-square-foot building at 1 Campus Drive was picked up by Wayne-based GAF Materials Corp. for $8.3 million after a two-year search around the region for headquarters space, CBRE Group‘s Jeffrey Babikian tells GlobeSt.com. Brian Godau and Babikian brokered the deal.

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