PARSIPPANY, NJ—Ascensia Diabetes Care US, a leader in blood glucose monitoring owned by Panasonic Healthcare Holdings and global investment firm KKR, will bring its US headquarters to 43,534 square feet of space in Mack-Cali's 5 Wood Hollow Road in Parsippany, NJ.
Ascensia's lease is for ten years in the 317,040-square-foot, three-story, class A office building in Morris County. Ascensia joins AIG, Coyne PR, Groupe SEB, The MI Group, and Decision Resources, bringing the property's occupancy to 98.6 percent leased.
“This building is the ideal home for Ascensia's US headquarters, providing all the conveniences and services a company of this significance needs,” says Christopher DeLorenzo, Mack-Cali executive vice president of leasing. “Mack-Cali's strategic plan focuses on our core properties like 5 Wood Hollow Road that bring together premier office space, ideal transportation options, and the amenities to create workplaces where employees want to work.”
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