62 Elm St. in Morristown — file photo
By Joshua Burd
The new owner of a 20,000-square-foot office building in downtown Morristown has hired Transwestern as its leasing agent.
In a news release Tuesday, the real estate services firm said it will provide leasing services for 62 Elm St., a three-story property that is currently vacant. Transwestern Partner and City Leader James Postell and Vice President Dan Ligorner are leading the assignment, which comes three months after a private buyer acquired the property from the nonprofit Cornerstone Family Programs.
Transwestern also represented the seller at the time in conjunction with HFF.
The brokers touted 62 Elm St.’s location, which is within walking distance of retail options, the Green, restaurants and the Morristown train station. The three-story property, completed in 2006, is also a quarter-mile from Exit 36 of Interstate 287.
“Morristown is home to one of New Jersey’s most sought-after downtowns, and 62 Elm St. embodies the live-work-play ideal that has come to make it an attractive destination for office tenants,” Ligorner said. “The building’s boutique size, prime location and on-site parking present a rare opportunity for companies looking for a headquarters location that will help attract and retain top talent.”
The team also highlighted the building’s a brick façade and 42 on-site parking spots.