44 Whippany Road, Morristown, NJ
MORRISTOWN, NJ—Four new leases and a renewal reflect strong demand at the newly renovated 44 Whippany Road, a property owned by an affiliate of Marcus Partners. Cushman & Wakefield serves as exclusive leasing agent for the 230,000-square-foot, class A office property. Last year, the property underwent a $7 million capital improvement program.
Global pharmaceutical company Alvogen Pharma US signed a new 84,609-square-foot lease. Gregg Kelman of GK Realty Services represented Alvogen. Keller Williams Realty Metropolitan committed to a new 15,404-square-foot lease. Peter Shikar of CBRE represented the tenant. The law firm of Donahue, Hagan, Klein & Weisberg renewed its New Jersey headquarters lease for 6,000 square feet at the property. Susanne Newmark of Newmark Associates represented the tenant. Orloff, Lowenbach, Stifelman & Siegel leased 14,658 square feet with David Stifelman of JLL representing Orloff. An additional tenant who was not identified signed a 21,681-square-foot lease.
Cushman & Wakefield's Bill Brown, Jon Williams and Heather Polhamus, based in Morristown, NJ, head the 44 Whippany Road leasing team.
Marcus Partners' capital improvement campaign transformed the property into a modern, amenity-rich office environment. 44 Whippany now features a new café, fitness center, and 95-seat conference center. The property was further improved through a new entry and glass canopy, façade enhancements, and upgrades to common areas.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
