A rendering of Signature Place in Morris Plains — Courtesy: Roseland Residential Trust
By Joshua Burd
Roseland Residential Trust has unveiled nearly 200 new luxury apartments in Morris Plains, marking the redevelopment of what had been a vacant office building owned by Mack-Cali Realty Corp.
The developer, a Mack-Cali subsidiary, announced Monday that it has completed and launched leasing at the 197-unit property known as Signature Place. Located at 250 Johnson Road, the project is the first in Roseland’s plan to reposition obsolete office buildings in the portfolio of its parent company.
“While the opening of Signature Place is a significant milestone in that it brings nearly 200 luxury homes to Morris Plains, it also marks the completion of a cornerstone initiative that was laid out when the new executive team started with Mack-Cali in 2015,” said Andrew Marshall, president and executive vice president of development at Roseland Residential Trust. “What was formerly an underperforming office asset has become the newest apartment community in an incredibly attractive market for high-end residential development, and its success will serve as a model for future property conversions.”
Courtesy: Roseland Residential Trust
The property, which sits just off Route 10 and near Interstate 287, includes apartments with high-end finishes and appliances. Amenities include a designer club room with a communal fireplace, lounges, billiards and shuffleboard, along with two upscale conference rooms, an outdoor swimming pool with a hot tub, a golf simulator and fitness on demand.
Roseland also touted features such as video door security and apartment alarms, package lockers, storage facilities and garages.
“Signature Place truly offers residents the best of both worlds,” Marshall said in a prepared statement. “The property itself is tucked away in a scenic enclave, but sits in easy reach of major thoroughfares, business headquarters, and the vibrant surrounding community.
“Furthermore, we’ve outfitted the building with an unmatched level of luxury features and amenities that appeal to all of today’s renters, from young professionals to empty-nesters looking to downsize.”