Advance Realty Group Completes 16,589-Square-Foot Lease at 7 Entin Road in Parsippany, New Jersey
Advance Realty Group, a Bedminster, New Jersey-based commercial real estate owner and developer, has announced Castle Point Mortgage Inc., has signed a 16,589-square-foot lease at 7 Entin Road in Parsippany, New Jersey. Advance was represented in-house by Patrick Luzzi, Vice President of Leasing, and the tenant was represented by GVA Williams New Jersey. Weichert Commercial Brokerage, Inc. served as exclusive broker for this property on behalf of Advance Realty Group.
7 Entin Road is a 65,200-square-foot Class A office building, which currently offers 30,056 square feet of space available for immediate occupancy. With immediate access to and from Interstate 287 and convenient to Routes 10, 24 and 202 and Interstates 280 and 80, as well as the Garden State Parkway, 7 Entin Road is part of one of the largest concentrations of prestigious corporate space in Morris County.
The building features a newly renovated lobby and fronts on I-287, providing optimum highway identification. 7 Entin Road offers an unusually heavy parking ratio of more than six spaces per 1,000 square feet and convenience to many nearby lodging facilities, including a Hilton Hotel, a Sheraton Tara Hotel and Summerfield Suites Hotel in Parsippany. In addition the high-quality facility is just 20 minutes to Newark Liberty International Airport and 30 minutes to New York City, and numerous retail and restaurant destinations are nearby. Corporate neighbors include AIG, Automatic Data Processing, Cendant, Chubb, Emerson Radio, General Chemical and many others.
“We are pleased to have been selected as Castle Point’s strategic partner and welcome them to 7 Entin Road,” stated Patrick Luzzi. “Congratulations to GVA Williams New Jersey and Weichert Commercial Brokerage, Inc. for a successful lease transaction. This property offers prospective tenants numerous advantages including outstanding convenience, excellent amenities and quality space solutions.”
Advance Realty Group is an owner and developer of office, flex, industrial, retail and multifamily properties. With five million square feet of operating properties and a development portfolio consisting of eight million square feet of commercial projects and 9,400 residential units, Advance is one of the leading real estate owners in the Northeast.