A division of Rubenstein Partners LP has closed $57 million in financing to the buyer of the 465,000-square-foot former Honeywell International building in Morris Plains.
Honeywell International has offloaded its 465,000-square-foot former headquarters building in Morris Plains, selling the property to a Manhattan-based investment firm.
A joint venture led by Vision Real Estate Partners has acquired a 64-acre swath of the former Honeywell International headquarters site in Morris Township, paving the way for a redevelopment plan that could produce more than 700,000 square feet of new office space.