SJP Properties and Scotto Properties have broken ground on the first of two office and retail buildings in Morristown, the future home of Deloitte LLP, in a project that will transform another piece of the town’s bustling central business district.
A development that will transform a stretch of downtown Morristown — bringing 340,000 square feet of high-end office space and new public plazas — is set to break ground in the coming months after securing final approvals from the municipality.
New Jersey’s office market saw two major leases and a pair of blockbuster sales in the first quarter, headlining an active start to the year before the onset of the coronavirus crisis.
Deloitte LLP has agreed to lease 110,000 square feet in downtown Morristown, where it’s slated to anchor a high-profile redevelopment proposed by SJP Properties and Scotto Properties.