PARSIPPANY, NJ—Morris Corporate Center III, 400 Interpace Parkway in Parsippany, a class A, 530,000-square-foot office property received the Building Owners and Managers Association of New Jersey's 2014 BOMA Outstanding Building of the Year Award as the best-managed building in BOMA's Suburban Office Park (Low Rise)category.
Jones Lang LaSalle has served as property manager and exclusive leasing agent at Morris Corporate Center III since December 2007. Property management services at the complex are overseen by Dana Getz, group manager and vice president; Brian Finnerty, chief engineer; and Shannon Harrington, finance manager. JLL also serves as exclusive leasing agent for the building, with Jonathan Meisel, managing director, and Fred Hyatt, vice president, overseeing marketing and transaction services.
The Suburban Office Park (Low-Rise) category includes properties with two or more buildings, with the tallest building not exceeding five stories, that occupy a land mass greater than five acres and are located outside of a central business district. The TOBY Award honors the JLL team's excellence in building management, operational efficiency, tenant retention, emergency planning and community impact.
Morris Corporate Center III includes four four-story buildings, connected by a grand atrium. The property, on a 182-acre master planned corporate campus in Parsippany, was built in 1988. The property includes fountains and pedestrian seating areas, and a three-story parking garage in addition to surface parking options. The property hosts a diversified tenant profile, including communications and marketing, pharmaceutical, real estate and other professional services.
“JLL has implemented an aggressive capital improvement program, focused on driving added value for the property,” says Linda Aronson, managing director and head of suburban property management. “All the improvements were designed to fulfill two goals: to enhance the energy and operating efficiency of the building systems and, just as important, to ensure the work truly enriched the aesthetics of the property. The property management team, implementing JLL's best practices, delivered the highest quality of service to tenants during this program.”
Building improvements were overseen by JLL's Property Management and Project and Development Services groups, with the effort led by Getz, Jerry Sullivan, senior vice president, and Susan Pady, project manager.
The building's owner has made a significant investment, with completed work including new white reflective roofs; heating, ventilation and air conditioning infrastructure mechanical improvements; a fiber-optic backbone to support a campus-wide energy management system; and a renovated four-story atrium with energy-efficient LED, light-emitting diode, lighting and soft seating.
In addition, the property's common corridors are being upgraded with new carpet, wall covering, ceiling system and energy-efficient LED lighting; and the complex's common-area restrooms are being renovated with a new decorative accent tile in the vanity area, as well as new subway wall tile, porcelain floor tile, LED light fixtures, and quartz-infused counter tops. Building improvements will also include a new fitness center, electric vehicle charging station and enhancements to the café seating area. Additional interior and exterior projects are in the design phase. The aesthetic improvements are a collaborative effort between Gensler and JLL.
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