Transwestern Tapped to Lease Morristown Office Property

Transwestern has been retained as the exclusive leasing agent for 62 Elm St., an approximately 20,000-square-foot boutique office building in Morristown, New Jersey. Transwestern’s Partner and City Leader James Postell and Vice President Dan Ligorner are providing leasing services for the property.

Situated in downtown Morristown, 62 Elm St. is steps away from a variety of hotels, restaurants and retail destinations. Additionally, the property is across the street from Morristown Station, which offers express NJ Transit train service to New York City, and is proximate to Interstates 287, 80, 280, Route 24, and Newark International Airport.

“Morristown is home to one of New Jersey’s most sought-after downtowns, and 62 Elm St. embodies the live-work-play ideal that has come to make it an attractive destination for office tenants,” Ligorner said. “The building’s boutique size, prime location and on-site parking present a rare opportunity for companies looking for a headquarters location that will help attract and retain top talent.”

The three-story building, which is currently vacant, features a brick façade and 42 on-site parking spots. Flexible, open 6,000-square-foot floorplates can be built to suit full-building or full-floor users. The property received a “Walker’s Paradise” score of 91 from Walk Score, a company that measures the walkability of neighborhoods across the U.S.

This past summer, Transwestern and HFF facilitated the $5 million sale of the property on behalf of the seller, Cornerstone Family Programs.

ABOUT TRANSWESTERN

Transwestern is a privately held real estate firm of collaborative entrepreneurs who deliver a higher level of personalized service – the Transwestern Experience. Specializing in Agency Leasing, Occupier Solutions, Capital Markets, Asset Services and Research, our fully integrated global enterprise adds value for investors, owners and occupiers of all commercial property types. We leverage market insights and operational expertise from members of the Transwestern family of companies specializing in development, real estate investment management and research. Based in Houston, Transwestern has 35 U.S. offices and assists clients through more than 211 offices in 36 countries as part of a strategic alliance with BNP Paribas Real Estate. Experience Extraordinary at transwestern.com and @Transwestern.