The Birch Group Acquires Office Buildings In Morristown, NJ For $77M

The office property located at 60 Columbia Rd, 100 Southgate, and 1200 Mt Kemble in Morristown, NJ was recently sold for a total of $77,000,000. The property spans 412,000 square feet, resulting in a price per square foot of $187. The transaction took place on 03/12/2021.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $77,000,000
• Address: 60 Columbia Rd, 100 Southgate, 1200 Mt Kemble
• Market: Morristown, NJ
• Buyer: The Birch Group - Mark Meisner
• Seller: Lincoln Equities - Joel Bergstein
• Brokers: David Bernhaut & Andy Merin - Cushman & Wakefield

The buyer, Mark Meisner, represented The Birch Group in the transaction, while Joel Bergstein, representing Lincoln Equities, acted as the seller. The deal was facilitated by brokers David Bernhaut and Andy Merin from Cushman & Wakefield.