CBRE Group, Inc. has been selected to serve as the exclusive leasing agent and property manager of Morris Corporate Center 1&2, the Class-A office park located in Parsippany, N.J.
CBRE has more than 10 years experience leasing and managing the property, which was recently acquired by a new owner, an affiliate of Brookwood Financial Partners, LLC.
The CBRE team of Leo Paytas and Greg Barkan, senior vice presidents; Garrett Rioux, senior associate, and Erin Wenzler, client services specialist, will oversee leasing on behalf of Brookwood.
The team of Neil Kurtz, managing director; Helen Samuelson, director of asset services, and Ria Di Popolo, senior manager, will oversee management of the property.
CBRE also announced that ownership will be making significant capital improvements to the facility’s lobbies, fitness center, conference facility and cafeterias.
The renovations will be geared towards providing a superior experience for tenants at the office park.
“We’re excited to have the opportunity to maintain our long-term relationship with Morris Corporate Center and to continue to demonstrate our strength as managers and leasing agents for the office park,” said Paytas.
“We feel that Brookwood’s decision to stick with CBRE really demonstrates that our reliability and persistence as a firm is recognized throughout the region.”
“We will work with Brookwood to implement forward-looking ideas and concepts at Morris Corporate Center,” said Barkan.
“The corporate campus already provides tenants with a number of highly sought-after features, and these planned capital improvements will further contribute to that.”
Morris Corporate Center 1&2 consists of five office buildings, totaling 541,000 s/f, and offers high visibility for corporate tenants and a host of amenities.