Jones Lang LaSalle
Toshiba Unit, Software Firm Ink Leases
By Eric Peterson
Last updated: December 30, 2005 08:21am
PARSIPPANY, NJ-Toshiba America Business Solutions has leased 13,116 sf of office space at 959 Route 46 East, also known as Parsippany Place. TABS, an independent operating company of Toshiba Corp., manages product planning, marketing and other functions related to distribution of the parent’s office products in the Americas.
The tenant was represented by Scott K. Perkins, managing director of NAI James E. Hanson, Hackensack, and by M. Christopher Turner, senior director of the Texas-based NAI Stoneleigh Huff Brous McDowell. Building owner Lincoln Property Co., which has its New Jersey offices in Edison, was represented in-house.
“We were able to work with our Texas NAI colleagues to arrange the lease for Toshiba in this centrally located building,” Perkins says. Built in 1985, Parsippany Place is a 130,000-sf, five-story office building. Other tenants include BestBuy Co., Hyperion and Medtronic USA Inc. Terms of the signing were not disclosed; however, available space in the building is currently listed on Lincoln Property Co.’s website with an asking price of $22 per sf.
And in Little Falls, Lawson Software Inc. has agreed to lease 15,067 sf of office space at Overlook at Great Notch, a class A office building. The company is using the space as a regional office.
The tenant was represented in the transaction by Matt McDonough, senior vice president in the Florham Park office of Trammell Crow Co., along with Peter Livaditis, a principal in the firm’s Chicago office. Jeffrey Heller, formerly with Cushman & Wakefield of NJ, represented the building’s owner Theta Holding Co. LP. Heller has since moved over to Trammell Crow in Florham Park with the title of executive vice president. The St. Paul-based Lawson, whose new regional office is a 425,000-sf building perched on a mountaintop here, provides business process software for a variety of service organizations.
Toshiba Unit, Software Firm Ink Leases
By Eric Peterson
Last updated: December 30, 2005 08:21am
PARSIPPANY, NJ-Toshiba America Business Solutions has leased 13,116 sf of office space at 959 Route 46 East, also known as Parsippany Place. TABS, an independent operating company of Toshiba Corp., manages product planning, marketing and other functions related to distribution of the parent’s office products in the Americas.
The tenant was represented by Scott K. Perkins, managing director of NAI James E. Hanson, Hackensack, and by M. Christopher Turner, senior director of the Texas-based NAI Stoneleigh Huff Brous McDowell. Building owner Lincoln Property Co., which has its New Jersey offices in Edison, was represented in-house.
“We were able to work with our Texas NAI colleagues to arrange the lease for Toshiba in this centrally located building,” Perkins says. Built in 1985, Parsippany Place is a 130,000-sf, five-story office building. Other tenants include BestBuy Co., Hyperion and Medtronic USA Inc. Terms of the signing were not disclosed; however, available space in the building is currently listed on Lincoln Property Co.’s website with an asking price of $22 per sf.
And in Little Falls, Lawson Software Inc. has agreed to lease 15,067 sf of office space at Overlook at Great Notch, a class A office building. The company is using the space as a regional office.
The tenant was represented in the transaction by Matt McDonough, senior vice president in the Florham Park office of Trammell Crow Co., along with Peter Livaditis, a principal in the firm’s Chicago office. Jeffrey Heller, formerly with Cushman & Wakefield of NJ, represented the building’s owner Theta Holding Co. LP. Heller has since moved over to Trammell Crow in Florham Park with the title of executive vice president. The St. Paul-based Lawson, whose new regional office is a 425,000-sf building perched on a mountaintop here, provides business process software for a variety of service organizations.
posted by Jones Lang LaSalle NJ News Blog at 8:21 PM
<< Home