Desai Holdings has acquired 10 James Street, an approximately 18,000-square-foot medical office building in Florham Park, NJ., for a final sale price of $4.62 million from The Silverman Group.
This fully leased medical office building is situated on 1.19 acres in the central business district of Florham Park, surrounded by corporate and medical office occupiers. It’s located near Route 24 and Interstates 80, 280, and 287, as well as Morristown Airport.
Cushman & Wakefield’s Frank DiTommaso, Andy Schwartz, Jordan Sobel, Andre Balthazard and Dan Bottiglieri represented the seller and procured the buyer.
Emily Fu is Content Director of Connect Commercial Real Estate, where she covers the east coast markets, including New York, Boston & New England, and DC & Mid-Atlantic markets. She produces daily news stories as well as longer-form content, ranging from Q&As to thought-leadership pieces. She also writes feature stories for Connect Money.
With previous stints at Reuters, Seeking Alpha, and Commercial Observer, Emily has covered the finance side of the commercial real estate industry, technology, media, telecom (TMT), and fashion. She attended the Columbia Graduate School of Journalism and currently resides in Manhattan.