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NAI James E. Hanson Facilitates Strong Leasing Activity at Class A Office Building in Parsippany, N.J.

07/25/2019

Parsippany, N.J. (July 25, 2019) - NAI James E. Hanson announces it has completed three office leases totaling 8,601 square feet at 111 Littleton Road in Parsippany, N.J. NAI James E. Hanson’s Josh Levering, SIOR and Nicholas DePaolera represented the landlord, Commercial Realty Group, in the transactions with the tenants, Strategic Micro Systems, Inc. and the Cystic Fibrosis Foundation.

111 Littleton is a completely renovated 36,289-square-foot class A three-story office building located at the intersection of I-80 and I-287 in Parsippany, N.J. Offering unsurpassed location, access and visibility from all major Morris County highways, 111 Littleton provides a unique combination of image, visibility and accessibility not found in other buildings in the marketplace. The building’s smaller floor plates make it ideal for smaller users searching for image space. Recent renovations to the building include a stunning new façade, a new two-story atrium, increased parking, new landscaping, new restrooms, and full common area upgrades.

Josh Levering stated, “111 Littleton was developed specifically for small to medium-sized companies as it is often difficult for smaller tenants to find affordable, modern, Class-A office space in this market. The building’s ownership, Commercial Realty Group (CRG) understood these challenges and executed their vision for 111 Littleton to specifically serve the growing number of innovative and growing businesses looking to call Morris County home. CRG’s relationship within the northern New Jersey business community and Morris County allowed an in-depth understanding of the marketplace and the creation of a space tailor made to fit the needs of smaller tenants.”

Strategic Micro Systems, Inc. was founded in 1998 and is an award-winning IT firm that delivers next generation technology solutions. Catering to some of the most successful businesses and non-profits in the world, Strategic Micro Systems, Inc. employs a combination of deep expertise, personalized approach and unparalleled collaboration capabilities, which allow the firm to help meet the technology needs for organizations of all sizes.

In searching for a space to serve as their new headquarters, Strategic Micro Systems, Inc. valued 111 Littleton’s ideal high-tech amenities location and modern renovations. Of interest were the new design, high speed connectivity, back–up generator and a presence that exemplifies the needs of today’s high-tech tenants.

Levering added, “In order to accommodate two autonomous entities of the organization, Strategic Micro Systems, Inc. signed a two-part lease in adjacent units on the building’s second floor. Commercial Realty Group worked directly with Strategic Micro Systems, Inc. to design and build the space to align with their unique needs.”

As a majority tenant on the second floor, Strategic Micro Systems can easily accommodate the myriad of support technologies and accompanying space needs of today’s collaborative IT firms.

Cystic Fibrosis Foundation was established in 1955 as an accredited 501(c)(3) nonprofit organization leading the search for a cure for cystic fibrosis. The New Jersey Chapter of the Cystic Fibrosis Foundation sponsors several fundraising events throughout the year that directly support the organization’s mission of finding a cure for all people with the progressive genetic disorders.

Looking for a small-scale office to house their operations, the New Jersey chapter of the Cystic Fibrosis Foundation was drawn to the location and quality of the property as well as the on-site ownership and management offered at 111 Littleton Road. With the property’s smaller floor plates, 111 Littleton easily accommodated the foundation’s needs.

To stay connected with NAI James E. Hanson and for updates on the latest transactions and news, please follow NAI Hanson on Facebook (www.facebook.com/NAIHanson), Twitter (@NAI_Hanson), LinkedIn (www.linkedin.com/company/nai-james-e-hanson), and Instagram (@NAI_hanson).

07/25/2019 - 14:30

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NAI James E. Hanson

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