C&W to handle leasing for 400K sq.ft. Parsippany office building

By Lynda Cohen
Parsippany | Oct 20, 2017 at 11:13 am

Cushman & Wakefield is now the exclusive leasing agent for Parsippany’s 400,000-square-foot Class A office building at 2 Gatehall Drive.

The Cushman team managing the new agency leasing assignment will consist of Executive Managing Director Curtis Foster and senior associate Jerry Shifrin, out of the firm’s East Rutherford office, along with Senior Director William O’Keefe and Director Charles Parmelli, based in Morristown.

“Set along a tree-lined street, 2 Gatehall Drive presents a pastoral setting while still having excellent access to local amenities,” Foster said. “The real story, however, is the amenities within the building that Silverman Realty Group, on behalf of the ownership of 2 Gatehall Drive, has completed since acquiring the property in December of 2015.”

Spaces from 14,000 to 170,000 square feet are available at the redeveloped campus, which includes a lounge equipped with the latest technology; a double-sided fireplace; state-of-the-art coffee bar and dining café; fitness center that includes a yoga room, men’s and women’s locker rooms; and common-area bathrooms.

Phase two of the redevelopment will be an extensive landscaping and exterior project.

“This is one of the most cost-competitive Class A buildings in the market,” Foster said. “(Silverman Realty Group) founder and CEO Leon Silverman is an aggressive dealmaker who finds unique approaches to working with tenants. He has a reputation as a landlord who brings a meticulous level of detail and care to a tenant’s leasing endeavor. If you bring a deal to him, he is going to find a way to close the deal.”

The building was made “to provide premium first-class office space and amenities for our tenants and their employees,” said Silverman President Bonnie Silverman. “Today’s employers want enhanced workday experiences for their staff. From 2 Gatehall’s yoga studio and fitness center, to the coffee bar, cafeteria, and even the luxurious bathrooms, a company could be confident that its employees will have an invigorating work space that will elevate employee performance as well as impress customers and guests alike.”