The 203,506-square-foot office building at 14 Sylvan Way in Parsippany, N.J., has been sold as part of a transaction involving Signature Acquisitions and Peakstone Realty Trust. This property, certified LEED Gold, is currently fully leased to Travel + Leisure through 2029 and plays a key role in the developing Arbors @ Parsippany mixed-use campus.

Summary of transation details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 14 Sylvan Way
• Market: Parsippany
• Buyer's Name: Abraham Brach
• Buyer's Company: Signature Acquisitions
• Seller's Name: Michael Escalante
• Seller's Company: Peakstone Realty Trust
• Brokerage Firm: JLL
• Broker Representatives: Jose Cruz, Jeremy Neuer, Michael Kavaler, Tim Greiner

The role of JLL Capital Markets in this transaction highlights their involvement as the brokerage firm facilitating the deal between the buyer and seller, representing Signature Acquisitions and Peakstone Realty Trust in the process.