Top 10 Largest Office Buildings
in Hanover
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| Bayer HealthCare North American Headquarters | 100 Bayer Blvd, 07981 | 675,000 | 2013 |
| The Crossings at Jefferson Park | 115 South Jefferson Road, 07981 | 506,398 | 1990 |
| MetLife Headquarters | 67 Whippany Road, 07981 | 185,000 | 2016 |
| Jefferson Plaza | 100 South Jefferson Road, 07981 | 173,162 | 1982 |
| 10 Park Avenue | 10 Park Avenue, 07960 | 154,750 | 2001 |
| Cedar Knolls Corporate Center | 240 Cedar Knolls Road, 07927 | 118,009 | 1980 |
| 25 & 35 Airport Road | 25 Airport Road, 07960 | 96,000 | 1980 |
| Woodmont Corporate Center | 80 South Jefferson Road, 07981 | 83,814 | 1999 |
| The Advanced Medical Center | 197 Ridgedale Avenue, 07927 | 80,750 | 1946 |
| 2 Ridgedale Avenue | 2 Ridgedale Avenue, 07927 | 70,400 | 1972 |
Largest Office Properties Recently Completed
in Hanover
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| MetLife Headquarters | 67 Whippany Road, 07981 | 185,000 | 2016 |
| Bayer HealthCare North American Headquarters | 100 Bayer Blvd, 07981 | 675,000 | 2013 |
| 10 Park Avenue | 10 Park Avenue, 07960 | 154,750 | 2001 |
| Millennium Systems International Headquarters | 28 Eastmans Road, 07054 | 44,000 | 2000 |
| Woodmont Corporate Center | 80 South Jefferson Road, 07981 | 83,814 | 1999 |
| The Crossings at Jefferson Park | 115 South Jefferson Road, 07981 | 506,398 | 1990 |
| Stephen Gould Headquarters | 35 South Jefferson Road, 07981 | 44,569 | 1985 |
| Jefferson Plaza | 100 South Jefferson Road, 07981 | 173,162 | 1982 |
| Cedar Knolls Corporate Center | 240 Cedar Knolls Road, 07927 | 118,009 | 1980 |
| 25 & 35 Airport Road | 25 Airport Road, 07960 | 96,000 | 1980 |
News
Multifamily sales across top metros nationwide have increased significantly over the past decade. The transaction volume in 2019 alone was $129 billion, compared to $13.4 billion in multifamily sales in 2009.
The Golden State contributed 29 locations with average asking rents ranging from $58.70 to $109.57 per square foot per year. The second-most dominant representation in our top 50 was New York, which added a total of 13 entries.
Apex Capital Investments purchased Grand2 — a 352,000-square-foot, nine-story office building in Tempe, Ariz. — from Lincoln Property Company for $187.5 million, or $534 per square foot. The building is fully leased to DoorDash, the San Francisco-based food delivery behemoth. The deal, which was...