IT firm signs lease at renovated Parsippany office site

By Eric Strauss
Parsippany | Aug 16, 2018 at 7:10 am

A regional information technology company has signed a lease for nearly 7,000 square feet of space at a Parsippany office building currently under renovation, according to real estate firm NAI James E. Hanson.

NAI Hanson said in a news release that Strategic Micro Systems is taking 6,905 square feet at 111 Littleton Road, owned by CRG 119 LLC, an affiliate of Commercial Realty Group. The 36,289-square-foot, three-story property will also house CRG’s 8,000-square-foot corporate headquarters when renovations are completed in the third quarter.

“Small business is the backbone of the American economy, but it’s often difficult for the image-conscious small business to find appropriate space. We deliver that here at 111,” CRG General Manager Andrew H. Billing said in a prepared statement.

The property is over 40 percent leased with these two signings, NAI Hanson said.

W. Joshua Levering and Nicholas DePaolera represented the landlord in the Strategic Micro Systems deal.

“Finding quality office space for today’s small businesses can often be a challenge,” Levering said in a statement. “In response to this, the smaller floor plates found at 111 Littleton allows CRG’s construction team to design and build spaces tailored to small business owners. This flexibility, coupled with highly favorable lease terms and best-in-class highway access, makes this building uniquely suited to fit the needs of the modern small business.”

The property was designed by Paul Newman of Kimmerle Newman, with renovations managed by Michael Walsh, president of CRG affiliate Corporate Contracting Inc.

Eric Strauss | estrauss@roi-nj.com | acerimrat