CBRE to handle leasing for Parsippany office property

CBRE has been chosen as the exclusive leasing agent for a Parsippany office property, it announced Wednesday.

New York City-based PAG Investments, which recently purchased 5 Wood Hollow Road from Mack-Cali Realty Corp., made the appointment, according to a news release.

The leasing team for the three-story, 331,000-square-foot Class A property will be led by Dan Casey.

“CBRE is thrilled to have the opportunity to work with PAG Investments and assist them in the lease-up of this high-profile asset,” he said in a prepared statement.

PAG is planning an upgrade program for the property, CBRE said.