180 Mount Airy Road in Parsippany — Courtesy: Lincoln Property Co.
By Joshua Burd
A mortgage lender has extended its lease at a two-building office complex in Basking Ridge, where it occupies nearly 3,000 square feet.
The tenant, Embrace Home Loans, signed the renewal at 180 Mount Airy Road under a transaction arranged by Lincoln Property Co. The full-service lender will remain in its first-floor, 2,884-square-foot space at the 100,000-square-foot complex, which is owned by CIG Properties.
Lincoln Property Senior Vice President Rick Genthe represented the landlord.
“We are pleased to have Embrace Home Loans extend their lease with us at 180 Mount Airy Road,” Genthe said, touting the property’s location at a four-way interchange of Interstate 287. Sitting on 11 acres, 180-188 Mount Airy Road consists of two 50,000-square-foot buildings, which are separated by a large reflective pond.
“This extension is a reflection of Lincoln Property Company and CIG Properties commitment to quickly addressing the needs of prospective and existing tenants in a timely and cost-effective manner and by providing them with a state-of-the-art facility in one of the most desirable locations in the state,” said Michael Taylor, also a senior vice president with the firm.
