180 Park Ave. in Florham Park — Courtesy: Cushman & Wakefield
By Joshua Burd
The owners of a Florham Park office building have secured two new tenants, completing nearly 12,000 square feet of leasing activity in deals arranged by Cushman & Wakefield.
In the larger transaction, Carisk Partners Inc. is taking 7,006 square feet at the 228,350-square-foot property at 180 Park Ave. The specialty risk transfer and care coordination company, which operates in the workers’ compensation market, is leasing the space from a joint venture of Vision Properties and The Birch Group.
Cushman’s William O’Keefe, Courtney Brooke Rosenkrantz and Brian Decillis represented ownership in the deal, as they did in a 4,665-square-foot lease with an undisclosed insurance company.
“We are excited to welcome the new tenants to 180 Park Avenue,” O’Keefe said. “The best-in-class property boasts exceptional amenities and a prime location, providing tenants with a unique environment that seamlessly blends convenience, comfort and connectivity.
“These leases are evidence of the continued return-to-work strategy of many smaller companies with a clear emphasis on flight-to-quality. The property continues to attract tenants through the landlord’s commitment to ongoing building improvements, including repaving and striping of the roadway and parking areas, power-washing of the exterior curtain wall and delivering a Class A amenity package.”
In a news release, C&W said the three-story property has flexible floorplates and amenities such as a full-service cafeteria and coffee bar, a dining area, a conference center, a fitness studio, a tenant lounge and outdoor seating and walking trails. It also has on-site property management office.
The brokers are touting those offerings as they market several availabilities at the building, which is part of The Green at Florham Park campus and minutes from downtown Morristown. The site is also close to restaurants, hotels, parks, golf courses and retail options and provides tenants with immediate access to Route 24, with connections to interstates 287, 78 and 80 and Route 10.
