Sanofi Leases Office Space At 21 South Street In Morristown

The Hampshire Companies has leased out office space at 21 South Street in downtown Morristown. The property is an office building with a total square footage of 16,903. The lease transaction took place on 09/26/2023. The property is located in the Morristown market.

Summary of transaction details

• Property Type: Office
• Transaction Date: 09/26/2023
• Address: 21 South Street
• Market: Morristown
• Square Footage: 16,903 SF

The landlord of the property is John Durso from The Hampshire Companies. The tenant of the leased space is Sanofi, with Paul Hudson representing the company in the deal. Sanofi's Consumer Healthcare division is planning to relocate 70 employees to the area in two stages, starting in the fourth quarter of 2024. This move is part of Sanofi's larger plan to bring 1,900 employees to Morristown and take advantage of the vibrant downtown scene.