Rubenstein and Vision Buys Morris Corporate Center IV

A joint venture between Rubenstein Partners and Vision Real Estate Partners bought the Morris Corporate Center IV (MCC IV), located at 369-379 Interpace Parkway in Parsippany, NJ.

“MCC IV’s trophy-quality market position, highlighted by its timeless architecture and highly efficient center core floorplates with horizontal and vertical leasing flexibility, were appealing to the joint venture,” said Kevin Welsh of NKF Capital Markets, who with Brian Schulz, Chuck Kohaut, Steven Schultz and David Simson represented the sellers, Intercontinental Real Estate Corporation and Ivy Realty.

The two, five-story trophy office buildings total 350,917 square feet of office space, connected by a signature, four-story glass atrium lobby.

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