New York & Tri-State + New Jersey + Office | May 9, 2022

Cushman & Wakefield arranged four leases totaling 46,342 square feet at The Grand, an office building campus in Parsippany, NJ

CushWake Arranges Four Leases at Parsippany Office Campus

Cushman & Wakefield arranged four leases totaling 46,342 square feet at The Grand, an office building campus located at 300 Interpace Pkwy. and One Upper Pond Rd. in Parsippany, NJ. The firm’s William O’Keefe, Charles Parmelli, Bill Brown and Joseph Ratner represented the landlord, P3 Properties.

Extremity Medical, a medical device manufacturer, will occupy 23,753 square feet on the second floor.
NorthPointe Bank, a financial services bank, will occupy 7,157 square feet on the third floor.
Provenir, Inc., a software developer for financial institutions, renewed its 10,951-square-foot lease on the fourth floor.
Deerfield Management Company, a financial planner, renewed for 4,481 square feet on the third floor.

“Despite the pandemic, the New Jersey office market has experienced a modest rebound in the first quarter of 2022, as is evident from these new leases,” said O’Keefe. “Tenants are focused on best-in-class properties with high-quality amenities for their return to office.”

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Cushman & Wakefield's O'Keefe

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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