facebook
Traded Co logo
Submit
Daily limit: 0/10

KPMG Leases 66000 Square Feet Office Space At 37 Headquarters Plaza In Morristown

Property Image
LEASED
Conor Dolan
Robert Donnelly, Jr.
+ 1

New Jersey

See Similar Deals
Office66,000 SF
Leased 01/07/2025
the dealplayerscompscontact
Property Image
LEASED

KPMG Leases 66000 Square Feet Office Space At 37 Headquarters Plaza In Morristown

37 Headquarters Plaza

See Similar Deals
Office66,000 SF
Leased 01/07/2025
Conor Dolan
Robert Donnelly, Jr.
+ 1
Contact now

Summary

NEW JERSEY
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:66,000 SF
Transaction Type:Lease

The property involved in this transaction is an office asset located at 37 Headquarters Plaza in Morristown. This asset encompasses a total of 66,000 square feet and is situated within a market that is attracting major corporations.

Summary of transaction details:

KPMG is signing a lease for the top four floors of HQ Plaza's west tower as part of its relocation from Short Hills by 2026. The deal is facilitated with the representation of Cushman & Wakefield for HQ Plaza ownership and CBRE for KPMG, highlighting the ongoing trend of major corporations moving into renovated office spaces.

Players

Jeffrey (Jeff) Babikian
6 deals$34.3M volume
BROKER

Conor Dolan
CBRE
5 deals
BROKER


Details

LEASED
IMAGE: Seth Schochet, Bill Thomas, Robert Donnelly Sr, Robert Donnelly Jr., Conor Dolan & Jeffrey Babikian DATE: 01/07/2025 ADDRESS: 37 Headquarters Plaza MARKET: Morristown ASSET TYPE: Office ~ SF: 66,000 LANDLORD: Seth Schochet - Olnick Organization; Fisher Development TENANT: Bill Thomas - KPMG (@KPMG) LANDLORD'S REP: Robert Donnelly Sr, Robert Donnelly Jr. - Cushman & Wakefield (@CushWake) TENANT'S REP: Conor Dolan & Jeffrey Babikian - CBRE (@CBRE) NOTE: KPMG signs a 66,000-square-foot lease for the top four floors of HQ Plaza's west tower in Morristown, moving from Short Hills by 2026. Cushman & Wakefield represented HQ Plaza ownership, while CBRE represented KPMG, as the newly renovated mixed-use office hub continues attracting major corporations like Valley Bank, Sanofi, and Deloitte.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Effective Rent (Annual)

$3,783,080.17

Total Lease Value

$37,830,801.73

Net Landlord Cash Flow$3,783,080.17