Top 10 Largest Office Buildings
in Morristown
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| Headquarters Plaza - East Tower | 2 Speedwell Avenue, 07960 | 198,000 | 1984 |
| Headquarters Plaza III (North) | 4 Speedwell Avenue, 07960 | 198,000 | 1986 |
| Headquarters Plaza (West Tower) | 1 Speedwell Avenue, 07960 | 182,000 | 1982 |
| Headquarters Plaza (East Tower) | 2 Speedwell Avenue, 07960 | 181,500 | 1982 |
| 95 Madison Avenue | 95 Madison Avenue, 07960 | 155,000 | 1985 |
| 1776 on the Green | 67 East Park Place, 07960 | 146,000 | 1973 |
| Morristown Plaza | 161 Madison Avenue, 07960 | 122,000 | 1975 |
| Morristown Memorial Ambulatory Center | 111 Madison Avenue, 07960 | 104,381 | 1998 |
| 10 North Park Place | 10 North Park Place, 07960 | 95,000 | 1930 |
| 55 Madison Avenue | 55 Madison Avenue, 07960 | 89,000 | 1977 |
Largest Office Properties Recently Completed
in Morristown
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| 49 Market Street | 49 Market Street, 07960 | 41,840 | 2016 |
| The Point at Morristown | 45 Washington Street, 07960 | 25,800 | 2008 |
| Morristown Memorial Ambulatory Center | 111 Madison Avenue, 07960 | 104,381 | 1998 |
| 95 Madison Avenue | 95 Madison Avenue, 07960 | 155,000 | 1985 |
| Morristown Centre | 10 Madison Avenue, 07960 | 86,700 | 1985 |
| Headquarters Plaza - East Tower | 2 Speedwell Avenue, 07960 | 198,000 | 1984 |
| 131 Madison Avenue | 131 Madison Avenue, 07960 | 56,321 | 1984 |
| Courthouse Plaza | 60 Washington Street, 07960 | 53,000 | 1982 |
| 177 Madison Avenue | 177 Madison Avenue, 07960 | 39,700 | 1979 |
| 310 South Street | 310 South Street, 07960 | 27,593 | 1979 |
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...