Top 10 Largest Office Buildings
in Morristown - 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 |
| APX | 412 Mt. Kemble Avenue, 07960 | 484,449 | 1986 |
| 115 Tabor Road | 115 Tabor Road, 07950 | 475,000 | 2007 |
| Kemble Plaza I | 340 Mt. Kemble Avenue, 07960 | 387,277 | 1986 |
| 445 South Street | 445 South Street, 07960 | 320,274 | 1984 |
| 185 Tabor Road | 185 Tabor Road, 07950 | 240,000 | 2007 |
| Mount Kemble Corporate Center | 350 Mt. Kemble Avenue, 07960 | 229,500 | 2001 |
| Reckson Office Center | 44 Whippany Road, 07960 | 220,160 | 1985 |
| SouthGate Corporate Center - 475 South Street | 475 South Street, 07960 | 210,000 | 1980 |
Largest Office Properties Recently Completed
in Morristown - Hanover
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| MetLife Headquarters | 67 Whippany Road, 07981 | 185,000 | 2016 |
| 49 Market Street | 49 Market Street, 07960 | 41,840 | 2016 |
| Bayer HealthCare North American Headquarters | 100 Bayer Blvd, 07981 | 675,000 | 2013 |
| The Point at Morristown | 45 Washington Street, 07960 | 25,800 | 2008 |
| 115 Tabor Road | 115 Tabor Road, 07950 | 475,000 | 2007 |
| 185 Tabor Road | 185 Tabor Road, 07950 | 240,000 | 2007 |
| Mount Kemble Corporate Center | 350 Mt. Kemble Avenue, 07960 | 229,500 | 2001 |
| 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 |
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...