Two firms sign new leases in Parsippany, NAI Hanson says

Two companies have signed leases at a Parsippany office building, according to real estate firm NAI James E. Hanson.

Title services company RealSafe Title LLC took 4,078 square feet, while auto rental hardware and software products company Bluebird Auto Rental Systems Inc. took 1,619 square feet at 111 Littleton Road, the firm said in a news release. The firm’s Josh Levering represented the landlord, Commercial Realty Group, in both transactions.

“It is becoming increasingly difficult for small and medium-sized office tenants to locate a modern building with smaller footprints to accommodate their specific needs,” he said in a prepared statement. “CRG took note of this trend and worked tirelessly during the building’s renovation to provide a modern, high-tech building offering turn-key solutions for tenants like RealSafe and Bluebird. Both these office spaces were built-to-suit and specific to their needs in terms of layout and amenities.

“CRG’s welcoming of these tenants to 111 Littleton is reflective of their deep understanding of the northern New Jersey business community and the strong demand for modern office space in adaptable buildings such as this.”

The building is a 36,289-square-foot, three-story Class A property at the intersection of interstates 80 and 287 that was renovated in 2020.