A rendering of M Station in Morristown, NJ. Courtesy of Gensler A rendering of M Station inMorristown, NJ. Courtesy of Gensler

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MORRISTOWN, NJ—Deloitte has signed a lease for 110,000 squarefeet of space at the proposed M Station redevelopment project inDowntown Morristown.

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The deal is contingent on New York City-based SJP Properties andScotto Properties of Morristown securing full municipal approvalsfor the mixed-use project that will feature two headquarters ClassA buildings.

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Deloitte plans to relocate its operations in Parsippany to MStation, and will occupy all of the office space—floors two throughsix—of M Station East, which is planned to be six stories andapproximately 120,000 square feet, including 10,000 square feet offirst-floor retail space, as well as lobby and building servicesareas.

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M Station West is planned to be seven stories and approximately253,000 square feet, which will include more than 230,000 squarefeet of office space and 23,000 square feet of retail, plus lobbyand building services areas.

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Deloitte's US headquarters is located in New York City.

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Cushman & Wakefield brokered the lease transaction for bothparties. David Stefancic, Lexis Livengood, Ben Brenner and JoshCohen represented Deloitte, while Robert Donnelly, Robert Donnelly,Jr. and Brian Decillis represented SJP and Scotto.

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"Our transition to M Station reflects Deloitte's commitment toour people, to our clients and to New Jersey," says Paul Krieger,New Jersey managing partner, Deloitte LLP. "This space will promotea collaborative, sustainable work environment that will help usserve clients with distinction, while anticipating the needs oftoday's workforce."

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Designed by Gensler to achieve LEED certification, M Station'stwo buildings will be bridged by a 1,000-car parking structure thatwill be constructed in two phases and include public parking forthe development's on-site retail.

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The development team has also planned a roundabout for theintersection of Morris and Spring streets.

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Cushman & Wakefield brokered the lease transaction for bothparties. David Stefancic, Lexis Livengood, Ben Brenner and JoshCohen represented Deloitte, while Robert Donnelly, Robert Donnelly,Jr. and Brian Decillis represented SJP and Scotto.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.