Colliers International's Matthew Brown And Frank Summers Represent Buyer In $3.5M Parsippany Sale

The transaction involved the sale of a multi-tenant office building located at 140 Littleton Road in Parsippany-Troy Hills. The property was constructed in the mid-1980s and has a total area of 30,459 square feet. The sale price was $3,500,000. The building was 95 percent occupied at the time of the sale, with occupants including companies in the finance, technology, and medical sectors.

Summary of transaction details:

• Property Type: Multi-tenant office building
• Transaction Amount: $3,500,000
• Address: 140 Littleton Rd, Parsippany-Troy Hills
• Market: Parsippany
• Square Footage: 30,459
• Buyer's Representative: Matthew Brown - Colliers International, Frank Summers - Colliers International
• Seller's Representative: Jacklene Chesler - Colliers International
• Buyer: Unknown
• Seller: Unknown
• Occupancy Rate: 95 percent

Colliers International played a key role in this transaction, with three representatives involved: Jacklene Chesler represented the seller, while Matthew Brown and Frank Summers represented the buyer. Both the buyer and seller requested anonymity throughout the process.