The Silverman Group Sells Florham Park Office Building For $24.5M

The Silverman Group has sold an office property located at 25 Hanover Rd in Florham Park. The property, spanning 132,737 square feet, was sold for a total of $24,500,000, resulting in a price per square foot of $185. The transaction took place on 06/06/2022.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $24,500,000
• Address: 25 Hanover Rd
• Market: Florham Park
• Square Footage: 132,737

Represented by the Institutional Properties Group at CBRE, the selling party, The Silverman Group, completed the sale of the property. The transaction was facilitated by brokers Jeffrey Dunne, Jeremy Neuer, Steve Bardsley, David Gavin, Fahri Ozturk, Rich Gatto, Travis Langer, and Daniel Blumenkrantz.