X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

BASKING RIDGE, NJ-OneBeacon Insurance Group has signed up for 30,417 sf of space at 131 Morristown Rd. within the Basking Ridge Corporate Center. Insignia/ESG of New Jersey reported the signing, which is a sublease transaction. 131 Morristown Rd. is a 212,000-sf office building.

Richard A.Danesi, senior managing director at Insignia/ESG’s Saddle Brook, NJ office, represented the new tenant. The sublessor, United Health Care Services Inc., was represented by Trammell Crow Co.

OneBeacon Insurance Group is wholly owned by White Mountains Insurance Group Ltd., based in Hamilton, Bermuda. White Mountains’ principal businesses are conducted through its various subsidiaries and affiliates in the property/casualty insurance and reinsurance business.

“This is an important lease transaction at Basking Ridge Corporate Center,” according to Danesi. “We’re finding that we are continuing to generate significant results in this marketplace.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.