MORRISTOWN, NJ – Liberty Properties LLC has acquired a 232,000-square-foot, class A office building in Morristown, NJ for $50 million. The company purchased the property from an affiliate of Marcus Partners.
JLL capital markets' senior managing directors, Jose Cruz and Kevin O'Hearn and senior directors, Steve Simonelli and Michael Oliver represented the seller and procured the buyer to complete the sale.
Situated on a 20-acre property, the three-story asset, 44 Whippany Road, recently underwent more than $18 million in renovations.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
