146,175 SF industrial project awarded to Transwestern leasing team
July 24, 2019
Florham Park, N.J. – Transwestern Commercial Services (TCS) today announces it has been retained as the exclusive broker for 45 Horsehill Road in Cedar Knolls, New Jersey. Renamed to Morristown North Commerce Center, the property is a 146,175-square-foot, multitenant industrial/flex property on 14 acres. The TCS Agency Leasing team of Managing Directors Lori Zuck and Jeffrey Furey and Associate Broker Matthew McHale are leasing the property on behalf of the landlord.
“Morristown North Commerce Center presents a unique space that is ideal for diverse uses, such as life sciences, manufacturing, warehouse and distribution, office, and medical office,” Zuck said. “The property provides the space and flexibility to match the variety of businesses in the region, while being situated in a prime location that will help attract and retain talent.”
Situated in Morris County and adjacent to Morristown, the Morristown North Commerce Center is close to numerous restaurants and retail locations, including ShopRite, Lowe’s, TJ Maxx, HomeGoods and Starbucks. Additionally, the property is near Routes 287, 24, and 10, providing quick access to Morristown Medical Center, Morristown Airport and the Morristown NJ Transit rail station. Newark Liberty International Airport is 30 minutes away, and New York City is 40 minutes away. The property includes an on-site fitness center and is equipped with ideal industrial features such as 20- to 24-foot ceiling heights, 19 loading docks, a 120-foot truck court, and an abundance of car parking.
Constructed in 1987, Morristown North Commerce Center is a two-story property that spans 14 acres. It currently has 32,997 square feet of office/lab/cleanroom space and 14,322 square feet of office space available for lease. Current tenants at the property include Niagara, QPharma, Promethod Sports and Fitness, General Electric Company, Niche Inc. and Myos Corp.
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Transwestern Commercial Services (TCS) is a privately held real estate firm of collaborative entrepreneurs who deliver a higher level of personalized service and innovative client solutions. Applying a consultative approach to Agency Leasing, Asset Services, Occupier Solutions, Capital Markets and Research, our fully integrated global organization adds value for investors, owners and occupiers of all commercial property types. We leverage market insight and operational expertise from across the Transwestern enterprise, which includes firms specializing in development and real estate investment management. TCS has 34 U.S. offices and assists clients from more than 200 offices in 37 countries through strategic alliances with France-based BNP Paribas Real Estate and Canada-based Devencore. Experience Extraordinary at transwestern.com and @Transwestern.