CBRE Signs York Risk Services Group at Morris Corporate Center

PARSIPPANY, NJ–CBRE has arranged a 10-year, 33,000-square foot lease for York Risk Services Group Inc. at Morris Corporate Center 2, part of the six-pod office campus at 1 Upper Pond Road and 300 Interpace Parkway in Parsippany, NJ.

The CBRE team of Leo Paytas and Greg Barkan, senior vice presidents; Garrett Rioux, senior associate, and Erin Wenzler, client services specialist, led marketing efforts and secured the lease on behalf of the property's owner, an affiliate of Brookwood Financial Partners, LLC. In addition, the CBRE team of Neil Kurtz, managing director; Helen Samuelson, director of asset services, and Ria Di Popolo, senior manager, oversee management of the office campus. York Risk Services was represented by Ben Onderdonk, associate director of portfolio account management, and George Grace, managing partner of Mohr Partners, Inc.

“York Risk Services is relocating its corporate headquarters to this class A, state-of-the-art facility,” says Paytas. “The move will not only facilitate the company's growth, but also reflects its market-leading image. Morris Corporate Center is widely recognized in the market for its world-class office space and its top-of-the-line roster of amenities. The on-going capital improvements at the office park will reinforce its status as a great space for York's employees and their customers.”

As previously reported by GlobeSt.com, Brookwood is investing approximately $3 million in capital improvements to Morris Corporate Center 1 & 2, which it expects will be completed in mid-2015. The improvements, led by the architectural firm Kimmerle Newman, include renovations to the two existing full-service cafeterias in Buildings 1 and 2; renovations to the existing fitness center in Building 1; the creation of a new conference center in Building 2; improvements to the signage at the property, and renovations to the lobby areas of Buildings 1 and 2.

“Brookwood's investment in capital improvements at Morris Corporate Center 1 & 2 is a direct reflection of its commitment to continually enhancing the office experience for its corporate tenants,” Paytas tells GlobeSt.com exclusively. “Perhaps more notable, though, is the mutual sense of commitment that has been demonstrated by these tenants through the recent new leases and lease renewals at the property.”

The Morris Corporate Center 1 & 2 campus consists of 521,000 total square feet, which is three-quarters occupied. The complex is just a mile from the four-way interchange of interstate routes 80 and 287, offering easy access to routes 46 and 202.