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Stephen Simonelli

Real Estate
Revamped Morristown Office Building Sells For $50M Revamped Morristown Office Building Sells For $50M
Revamped Morristown Office Building Sells For $50M A Morristown office building sold for $50 million after undergoing several major improvements. Real estate investment, development and management firm Marcus Partners purchased 44 Whippany in 2017 and fully revamped the building with a $7 million capital improvement program, which was used for a new lobby, a new Starbucks cafe and a 95-seat conference center. Additional aesthetic improvements to the 232,000-square-foot office space include floor-to-ceiling glass installations, an upgraded fitness center, third floor roof terraces, exterior patio installations, new signs and a repaved parkin…

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by Valerie Musson