facebook
Traded Co logo
Submit
Daily limit: 0/10

Signature Acquisitions Purchases 100000 Square Feet Office Building From Office Properties Income Trust In Parsippany

Property Image
SOLD
Jose Cruz
Jeremy Neuer
+ 1

New Jersey

See Similar Deals
Office100,000 SF
Sold 02/24/2025
the dealplayerscompscontact
Property Image
SOLD

Signature Acquisitions Purchases 100000 Square Feet Office Building From Office Properties Income Trust In Parsippany

1 Jefferson Road

See Similar Deals
Office100,000 SF
Sold 02/24/2025
Jose Cruz
Jeremy Neuer
+ 1
Contact now

Summary

NEW JERSEY
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:100,000 SF
Transaction Type:Sale

Signature Acquisitions purchased a 100,010-square-foot office building located at 1 Jefferson Road in Parsippany. The property marks its third acquisition in The Center of Morris County.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Address: 1 Jefferson Road
  • Market: Parsippany
  • Asset Size: 100,000 square feet
  • Buyer: Signature Acquisitions
  • Seller: Office Properties Income Trust
  • Broker Representation: Bradley Wachenfeld, Jeremy Neuer, Jose Cruz & Ryan Robertson - JLL
  • Building Status: Set to become vacant later this year

JLL's team, which includes Jose Cruz, Jeremy Neuer, Ryan Robertson, and Bradley Wachenfeld, facilitated the sale on behalf of Office Properties Income Trust, ensuring a smooth transaction for both parties involved.

Players

Jeremy Neuer
45 deals$1.9B volume
BROKER

Jose Cruz
JLL
102 deals$7.9B volume(201) 240-7546
BROKER

Ryan Robertson
JLL
14 deals$428.5M volume
BROKER

Bradley Wachenfeld
JLL
2 deals$33.4M volume
BROKER

BUYER

Details

SOLD
IMAGE: Bradley Wachenfeld, Jeremy Neuer, Jose Cruz & Ryan Robertson DATE: 02/24/2025 ADDRESS: 1 Jefferson Road MARKET: Parsippany ASSET TYPE: Office ~ SF: 100,000 BUYER: Signature Acquisitions SELLER: Office Properties Income Trust BROKERS: Bradley Wachenfeld, Jeremy Neuer (@JNeuer19), Jose Cruz & Ryan Robertson - JLL (@JLL) NOTE: Signature Acquisitions purchased One Jefferson Road, a 100,010-square-foot office building in Parsippany, marking its third acquisition in The Center of Morris County. JLL’s Jose Cruz, Jeremy Neuer, Ryan Robertson, and Bradley Wachenfeld brokered the sale for Office Properties Income Trust, with the building set to become vacant later this year.

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
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$0.00

Debt Service Coverage Ratio (DSCR)

0.00x

Cap Rate

0.00%

Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00