Rubenstein and Vision Acquire Morris Corporate Center IV in Parsippany

Morris Corporate Center IV, 369-379 Interpace Parkway, Parsippany, NJ

PARSIPPANY, NJ—A joint venture of Rubenstein Partners and Vision Real Estate Partners has acquired Morris Corporate Center IV, 369-379 Interpace Parkway, Parsippany, NJ. Financial terms were not disclosed.

As previously reported by GlobeSt.com, a team from NKF Capital Markets led by executive managing director Kevin Welsh, managing director Brian Schulz and associate Chuck Kohaut with Steven Schultz, executive managing director, capital markets and David Simson, vice chairman and COO of NKF’s New Jersey operations, was named to represent property owners Intercontinental Real Estate Corporation and Ivy Realty in seeking buyers for the property. Intercontinental and Ivy acquired the property, which was built in 2000, from MetLife in 2015.