**Signature Acquires Third Building at Parsippany Office Campus**
JLL Capital Markets has announced the successful sale of One Jefferson Road, a Class A office building spanning 100,010 square feet in Parsippany, NJ. The JLL team, consisting of Jose Cruz, Jeremy Neuer, Ryan Robertson, and Bradley Wachenfeld, represented the seller, Office Properties Income Trust, and facilitated the transaction with the buyer, Signature Acquisitions.
Completed in 2009, One Jefferson Road is a three-story building currently leased by Day Pitney, a prominent U.S. law firm. Day Pitney is set to vacate the premises at the end of its current lease term later this year. This acquisition marks Signature Acquisitions’ third purchase within The Center of Morris County, a four-building office campus. JLL has arranged all three transactions for Signature.
“Signature has a vision for the future of The Center of Morris, and One Jefferson is a crucial piece of the puzzle,” said Neuer. “We are excited to see how the park continues to evolve.”
