A 330,631 square foot class A office building located in Parsippany, NJ. The Property’s superior infrastructure and appealing architectural design elements set it apart from local competition. Acquired 65% occupied due to the recent departure of AIG from the third floor. The investment benefits from the Property’s existing tenancy and current income with the value added from the implementation of a renovation program and strategic lease up plan for the third floor.

Additional upside may be realized in converting the property to industrial use.