Cushman & Wakefield has successfully arranged seven leases totaling over 50,000 square feet at 99 & 119 Cherry Hill Road in Parsippany, NJ. The landlord, The Birch Group, was represented by William O’Keefe and Courtney Rosenkrantz who facilitated the transactions with their expertise.
The key deals included a lease renewal for Business Credentialing Services and a lease extension for Westguard Insurance Group. Additionally, H2M expanded their current lease while Monte Nido,Royal Coachman,American Day CD Centers,and Newbridge Services signed new leases.
To enhance the property’s value and appeal to potential tenants,the Birch Group is implementing an extensive capital improvement program which includes upgrades to the lobby,courtyard,and common areas.AMI Management will oversee these improvements as they take on the role of property manager. With amenities such as a pond,on-site management,parking space,and plug-and-play suites available,the property offers approximately190,000 square feet of space.
This successful arrangement of seven Parsippany leases totaling 50K SF demonstrates Cushman & Wakefield’s proficiency in facilitating commercial real estate transactions.
