445 South Street

FACTS

LOCATION:
Morristown, N.J.
ROLE:
Owner

KEYWORDS:

PROJECT DESCRIPTION

Situated on 32 acres within Southgate Corporate Park, the 445 South Street office building incorporates three four-story wings of premier Class A multi-tenant corporate facilities.

The outstanding, creditworthy tenant roster is a testament to the desirability of the Morristown area, as well as recognition that the property offers a unique combination of factors not readily found within the submarket’s office inventory. Aside from Morris Township being one of the most strategic locations in New Jersey, Morris County has the highest concentration of major corporations within the New York Metropolitan Area, with approximately 12 percent of Fortune 500 companies calling this region home. As the property’s leasing activity has shown tremendous strength over the last few years, new and renewed leases prove the success of this investment.

The property features 320,274 square feet of rentable area, including a full-service cafeteria, a full-size basketball court, two common-area conference rooms and a fitness center. The site provides 1,394 parking spaces, including 55 covered executive parking spaces.

The building has received LEED Silver certification.

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