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Cherry Hill Properties 2 Office Properties in Parsippany, NJ
Investment Highlights
- Two-building 3-story office complex totaling +189,252 SF built 1981-1982
- Approximately 30 miles west of Midtown Manhattan
- ¼ mile from Interstate 80 and 1 mi from Interstate 287; 600 feet from Route 46
- Strategically located within Morris County’s premier suburban office corridor / Newark-New York metropolitan area
Executive Summary
Bankruptcy Sale:
Stalking Horse Offers Being Considered Now!
Inspections by Appointment Only
Keen-Summit Capital Partners LLC has been engaged by Salvatore LaMonica, Chapter 11 Trustee of Cherry Hill Portfolio LLC, Debtors, as exclusive advisor for this offering.
Cherry Hill Office Complex is a two-building, 189,252+/- SF Class B suburban office campus located at 99 and 119 Cherry Hill Road in Parsippany, Morris County, New Jersey. The property sits on approximately 18.24+/- acres and is accessible via Interstate 80, Route 46, and Interstate 287.
Constructed in 1981–1982 and maintained through periodic renovations, the buildings offer flexible floor plates capable of accommodating both small and large office users. The offices are supported by approximately 725 surface parking spaces, equating to roughly 3.8 spaces per 1,000 SF.
Stalking Horse Offers Being Considered Now!
Inspections by Appointment Only
Keen-Summit Capital Partners LLC has been engaged by Salvatore LaMonica, Chapter 11 Trustee of Cherry Hill Portfolio LLC, Debtors, as exclusive advisor for this offering.
Cherry Hill Office Complex is a two-building, 189,252+/- SF Class B suburban office campus located at 99 and 119 Cherry Hill Road in Parsippany, Morris County, New Jersey. The property sits on approximately 18.24+/- acres and is accessible via Interstate 80, Route 46, and Interstate 287.
Constructed in 1981–1982 and maintained through periodic renovations, the buildings offer flexible floor plates capable of accommodating both small and large office users. The offices are supported by approximately 725 surface parking spaces, equating to roughly 3.8 spaces per 1,000 SF.
Property Facts
| Sale Condition | Distress Sale | Individually For Sale | 0 |
| Sale Type | Investment or Owner User | Total Building Size | 175,744 SF |
| Status | Active | Total Land Area | 18.24 AC |
| Number of Properties | 2 |
| Sale Condition | Distress Sale |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 175,744 SF |
| Total Land Area | 18.24 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 119 Cherry Hill Rd, Parsippany, NJ 07054 | Office | 89,314 SF | 1982 | - |
| 99 Cherry Hill Rd, Parsippany, NJ 07054 | Office | 86,430 SF | 1981 | - |
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Contacts
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Heather Milazzo -
Christopher Mahoney -
Casey Ott -
Keen-Summit Capital Partners LLC
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