The joint venture behind the new building includes a commingledfund advised by JP Morgan Investment Management, the Hampshire Cos.of Morristown and Mack-Cali Realty Corp., Edison. Gale Real EstateServices of Roseland will manage and lease the asset, which isbeing built by the Gale Construction Co., also Roseland. Rotwein& Blake of Livingston is the architect.

"This will be the final development site in the Center of MorrisCounty campus," says Mark Yeager, president of Gale Real EstateServices. "One Jefferson Rd. comes on the heels of the success ofour 100 Kimball Dr. spec development and reflects our venture'sconfidence in the strength of the Morris County marketplace. We'reconfident it will help meet the market's demand for quality newspace in the region."

As reported by GlobeSt.com, Gale delivered the 175,000-sf 100Kimball Dr. here in April, and shortly thereafter announced that ithad signed accounting giant Deloitte & Touche to a long-termlease for 160,000 sf. The firm is scheduled complete its relocationto 100 Kimball from the nearby 2 Hilton Court in December, and the90,000 sf it's vacating at the latter site will be backfilled byJapanese pharmaceutical firm Daiichi Sankyo.

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