Morris County Chamber of Commerce Renews 4,420SF Lease at 325 Columbia Turnpike in Florham Park, NJ
In a transaction arranged by CBRE, the Morris County Chamber of Commerce (MCCC) has renewed its office lease at 325 Columbia Turnpike in Florham Park, New Jersey. As the premier business association in western New Jersey, MCCC will continue to occupy 4,420 sq. ft. of office space at the property owned by Mack-Cali Realty Corporation.
Thomas Mallaney, First Vice President at CBRE and an active member of the MCCC, represented the association in the lease negotiations. The lease renewal is for a term of 10 years.
“We were once again appointed by MCCC as their exclusive representative and immediately began an extensive tour of the market and conducted a targeted analysis,” said Mr. Mallaney.“After reviewing several options, the association decided to renew at its current location.”
“The MCCC was pleased to work with Tom and were highly satisfied with his advising on potential lease options in this market,” said Meghan Hunscher, MCCC’s President & CEO. “Tom provided us with an array of options at various price points in different locations as we considered our move.His expertise was apparent as he provided an overview of both the market and the process.We were highly satisfied with his negotiating on the Chamber’s behalf with the landlord when we did decide to retain the current space that resulted in the best financial outcome for the organization.We look forward to calling 325 Columbia Turnpike our corporate ‘home’ for years to come.”
Built in 1987, 325 Columbia Turnpike is a Class A building offering premium office space in the heart of Morris County's Fortune 500 corridor. The three-story property is just steps from the Morristown Airport and close to a variety of other corporations, area highways and downtown Morristown.
The Morris County Chamber of Commerce and Economic Development Corporation provides a platform for members to connect, collaborate and succeed. The MCCC is dedicated to the advancement of the County’s businesses and community by providing services, information and advocacy to support the success of its member organizations.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
