PARSIPPANY, NJ-CB Richard Ellis Realty Trust has purchased 100 Kimball Dr., located in the Morris County Office Park here, for $60.25 million, according to reports. It is the Trust’s third acquisition in New Jersey.

The 175,000-square-foot, five-story building was built in 2007 and is fully leased to Deloitte LLP through July 2020. “100 Kimball is well-located in an excellent demographic submarket that attracts high-quality tenants,” says Philip L. Kianka, COO and executive vice president of CBRE Realty Trust. “With a long-term lease and an excellent credit tenant, this is a very attractive investment to complement our portfolio.”

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