CBRE Appointed Exclusive Leasing Agent For 465,000 SF Office Property In Morris Plains, NJ

2/5/21

CBRE announced today it has been appointed the exclusive leasing agent for a 465,000sq.ft. office complex at 115 Tabor Road in Morris Plains, New Jersey by Argent Ventures, an integrated, diversified real estate investment and development firm specializing in opportunistic, and value-add transactions throughout the United States.

A CBRE team comprised of Sean Morley, Edward DaCosta and EJ DaCosta will spearhead the marketing and leasing campaign on behalf ofownership.

“We are excited to bring this prominent office space to the market,” noted Morley. “The Crossing at Tabor Road is ideally positioned to meet the new demands of tenants post pandemic. The property is fully furnished for companies looking to reduce capital expenditure for build-outs and offers a suburban location with convenient access to Manhattan for tenants seeking to execute ‘hub &spoke’ strategies.”

Built in 2007, The Crossing at Tabor Road is a LEED Gold certified property currently offering 250,000 sq. ft. of prime,fully furnished office space just steps from the Morris Plains train station, providing direct service to Midtown Manhattan. Located just a half-mile from downtown Morris Plains and three miles from downtown Morristown, the property allows for convenient access to numerous retail stores, restaurants and hotels.

The complex features numerous amenities including COVID-19 health safety enhancements such as touchless access and air filtration; a state-of-the-art fitness center with yoga studio; multi-room conference centers with town hall seating for 400 guests; covered parking; outdoor seating; a full-service cafe; bocce and basketball courts; and a helipad.

Argent Ventures acquired the office property in December 2020 from Honeywell Industries in a transaction arranged by CBRE.

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, 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.

Recent Deals

Interested in advertising your deals? Contact Edwin Warfield.