Morris chamber honors top county real estate deals

The Morris County Chamber of Commerce honored several local businesses and brokers for real estate-related successes at a recent event, it announced this week.

Meghan Hunscher. (File photo)

“The Annual Partners in Economic Development Awards are a way for the chamber and the Morris County Economic Development Corp. to celebrate the top real estate transactions in Morris County for the previous year, and the brokers who made these transactions a reality,” chamber President Meghan Hunscher said in a prepared statement.

“Morris County is home to a thriving business community, including 800 corporate headquarters. It thrives in large part because we enjoy a collaborative partnership between the private sector, government and nonprofits. Now, we rely on that collaboration to help lead the economic recovery after being hit by the challenges presented by COVID-19. With many employees continuing to work from home, our real estate brokers will need to be even more creative in creating solutions for their clients going forward.”

This year’s winners were:

  • Raymond Trevisan and Marc Rosenberg of Cushman & Wakefield, for their client CIT Group Inc., and the largest office transaction in Morris County in 2019, at more than 200,000 square feet.
  • James Ritman and Trevor Patterson of Newmark for their client Vitaquest International LLC and the largest industrial transaction of 2019, also more than 200,000 square feet.
  • Reckitt Benckiser for its renewal of an office lease of 135,000 square feet in Parsippany.
  • And Charlie Hatfield and Ryan Healy of Colliers International and their client Cellularity, which received the Business Attraction Award for 2019 after the company relocated from Warren and leased about 150,000 square feet in Florham Park.

The chamber held its Annual Partners in Economic Development Awards program virtually, over Zoom, this year due to the COVID-19 pandemic.

Speakers at the event included Jeff Hipschman of CBRE, who gave an overview of the sector in the state; Peter Bronsnick of SJP Properties, who discussed the M Station project in Morristown; and Stephen Sullivan of Onyx Equities LLC, who talked about the purchase of a major office portfolio that included Morris County properties.