Search
 

IMS Health Global HQ Sells for $22.2M

PARSIPPANY, NJ—The IMS Health global headquarters at 100 IMS Drive, Parsippany, NJ, has been sold to a Washington, DC-area developer for $22.2 million, in a deal brokered by Stan Johnson Company. The medical office building consists of 83,477 square feet on 2.92 acres.

By Steve Lubetkin | Updated on January 05, 2016

PARSIPPANY, NJ—The IMS Health global headquarters at 100 IMS Drive, Parsippany, NJ, has been sold to a Washington, DC-area developer for $22.2 million, in a deal brokered by Stan Johnson Company. The medical office building consists of 83,477 square feet on 2.92 acres.

Joshua Pardue, CCIM and Tom Georges of Stan Johnson Company represented the seller, Commercial Realty Group Inc., and the buyer, Maryland Associates Limited, in the transaction.  IMS Health will remain the tenant at the property.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.