142K SF in Leases Concluded at 44 Whippany Road

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.