The new digs measure out at 16,500 square feet for FinancialExecutives, a short move from the association's previous HQ inFlorham Park, NJ. The lease brings the 600,000-square-foot propertyto just under 90% leased.

"The geographic search involved a number of locations inNorthern New Jersey and the Morristown area became the primaryfocus beacuse of the amenities available for their employees andtrain availability offering convenient acces to midtown Manhattan,"says Kevin Murphy, principal of Newmark Knight Frank, in a release.The nearby Morristown and Morris Plains train stations are roughly60-minutes from New York Penn Station and Hoboken, NJ.

The class A office property is not the sole inhabitant of theplaza, which also boasts 100,000 square feet of office mall and a256-room Hyatt Morristown Hotel, as well as a 3,000-sqace indoorparking garage. Murphy and Griner of NKF's Rutherford, NJ officerepped FEI in the transaction, while Marc Rosenberg of Cushman& Wakefield represented owner Olnick-Fisher.