The complex consists of the 49,500-sf Mountain Lakes I,currently 100% leased to Pinnacle Foods and Omnova Solutions. Andthe 63,500-sf Mountain Lakes II, built in 1981, was until recentlyoccupied mostly by Computer Horizons, which has substantiallydownsized, paving the way for a major repositioning by GIM andVision.
The makeover at Mountain Lakes will include an entirely newfacade, new building systems and a new two-story atrium lobby. GIMand Vision are also marketing a build-to-suit site adjacent to thetwo existing buildings, approved for a one- or two-story 65,000-sfcompanion building, according to Sam Morreale, managing partner ofVision Equities. "It serves the Parsippany market, but is locatedjust outside of Parsippany in a tranquil residential environment,"he says.
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