Updated Oct 26, 2026
AdvanSix Renews 18,000 Square Foot Office Lease At 300 Kimball Drive Parsippany NJ
300 Kimball Drive
Building Size
18,000 SF
Asset Type
Office
Closing
Oct 26, 2026
About this deal
AI
The property involved in this transaction is an office asset located at 300 Kimball Drive in Parsippany, New Jersey. This 18,000-square-foot office space is part of a five-story building that comprises a total of 400,000 square feet. The building includes amenities such as a fitness center, cafeteria, and tenant lounge.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Lease Renewal
- Landlord: Abe Brach
- Agency: Signature Acquisitions
- Tenant: Erin Kane
- Company: AdvanSix
- Lease Size: 18,000 square feet
- Location: 300 Kimball Drive, Parsippany, NJ
This lease renewal involved Erin Kane, representing AdvanSix, confirming a continued tenancy with landlord Abe Brach from Signature Acquisitions. This transaction demonstrates the ongoing relationship between the tenant and the landlord within the Parsippany office market.
On the Map
Office
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Kimball Office Market Snapshot
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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