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300 Kimball Drive

Ascensia Diabetes Care US, Inc. And Groupe SEB USA Lease 43,073 SF At 300 Kimball Drive
LEASEDOffice

Ascensia Diabetes Care US, Inc. And Groupe SEB USA Lease 43,073 SF At 300 Kimball Drive

300 Kimball Drive

Building Size

77,719 SF

Asset Type

Office

Closing

Aug 13, 2026

AI

300 Kimball Drive is a Class A office property located in Parsippany, NJ, consisting of 77,719 square feet of office space. This asset is positioned in a market that attracts notable tenants seeking quality office environments.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Landlord: Abe Brach - Signature Acquisitions
  • Tenant: Ascensia Diabetes Care US, Inc
  • Tenant: One Point Wealth Partners
  • Tenant: Groupe SEB, USA
  • Leased Area by Ascensia Diabetes Care: 13,171 SF
  • Leased Area by Groupe SEB USA: 29,902 SF
  • Expanded Area by One Point Wealth Partners: 7,964 SF

JLL facilitated leasing transactions totaling 77,719 square feet across three deals at 300 Kimball Drive. Ascensia Diabetes Care and Groupe SEB will be moving from 5 Wood Hollow Road, while One Point Wealth Partners increased its space to 34,646 square feet following its rebranding in 2025.

Players

Abe Brach

Signature Acquisitions

Landlord

$17M

vol

3 deals

Landlord
Ascensia Diabetes Care US, Inc
Ascensia Diabetes Care US, IncTenant

Kimball Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93