PARSIPPANY, NJ—CBRE has arranged a new lease for Colliers International NJ LLC, at Morris Corporate Center 1, and long-term lease renewals for key tenants EBS Dealing Resources, Inc., and Ipsos America LLC in the six-pod office campus located at 1 Upper Pond Road and 300 Interpace Parkway in Parsippany, NJ. Meanwhile, the complex's owner, Brookwood Financial Partners, has announced a $3 million capital improvement program at the facility.
Colliers has signed a 10,414-square-foot lease for a five-year term. ICAP will be renewing its 21,000-square-foot lease for an 11-year term, and Ipsos will be renewing its 28,000-sq.-ft. lease for a five-year term.
The CBRE team of Leo Paytas and Greg Barkan, senior vice presidents; Garrett Rioux, senior associate; and Erin Wenzler, client services specialist, lead marketing and leasing efforts at Morris Corporate Center 1&2 and secured the leases 0on behalf of the property's owner, an affiliate of Brookwood Financial Partners, LLC. The CBRE team of Neil Kurtz, managing director; Helen Samuelson, director of asset services; and Ria Di Popolo, senior manager, oversee management of the office campus.
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