Top 10 Largest Office Buildings
in Parsippany-Troy Hills
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| MCC Blue | 400 Interpace Pkwy, 07054 | 525,000 | 1989 |
| Gatehall Corporate Center II | 2 Gatehall Drive, 07054 | 404,315 | 1986 |
| The Center of Morris County Phase I - 300 Kimball Drive | 300 Kimball Drive, 07054 | 400,147 | 2001 |
| One Campus Drive | 1 Campus Drive, 07054 | 377,000 | 1981 |
| Latitude - West Building | 369 Interpace Pkwy, 07054 | 350,917 | 2000 |
| Latitude - East Building | 389 Interpace Pkwy, 07054 | 345,218 | 1999 |
| 100-700 Parsippany Road | 100 Lanidex Plaza, 07054 | 336,574 | 1974 |
| 5 Wood Hollow Road | 5 Wood Hollow Road, 07054 | 317,040 | 1980 |
| Morris Corporate Center II | 1 Upper Pond Road, 07054 | 276,470 | 1986 |
| Morris Corporate Center II | 1 Upper Pond Road, 07054 | 267,438 | 1986 |
Largest Office Properties Recently Completed
in Parsippany-Troy Hills
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| UPS Innovation Center | 10 Upper Pond Road, 07054 | 200,000 | 2017 |
| Parsippany Professional Plaza | 111 Littleton Road, 07054 | 36,389 | 2016 |
| The Center of Morris County Phase II - 1 Jefferson Road | 1 Jefferson Road, 07054 | 100,010 | 2010 |
| Mack-Cali Business Campus - 22 Sylvan Way | 22 Sylvan Way, 07054 | 249,409 | 2009 |
| 8 Sylvan Way | 8 Sylvan Way, 07054 | 176,062 | 2008 |
| The Center of Morris County Phase II - 100 Kimball Drive | 100 Kimball Drive, 07054 | 175,000 | 2008 |
| 50 Parsippany Road | 50 Parsippany Road, 07054 | 50,535 | 2007 |
| Crossroads Office Plaza | 181 New Road, 07054 | 45,000 | 2004 |
| The Center of Morris County Phase I - 300 Kimball Drive | 300 Kimball Drive, 07054 | 400,147 | 2001 |
| Latitude - West Building | 369 Interpace Pkwy, 07054 | 350,917 | 2000 |
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...