An investment firm has sold a 232,000-square-foot office building in Morris County for $50 million, more than doubling the price it paid to acquire the property in early 2017.
A nearly 85,000-square-foot lease by a global pharmaceutical firm is among several recent deals at a Morristown office building, where ownership has unveiled $7 million in upgrades.
RXR Realty has sold a 230,000-square-foot Morristown office building to a Boston-based real estate investment firm, in a $21.5 million deal brokered by HFF.