COLLIERS HANDLES SALE OF 330,000 SF AT MORRIS BUSINESS CAMPUS

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MORRIS PLAINS, N.J. — Colliers International has arranged the sale of the 330,000-square-foot Morris Business Campus at 1000, 1100, and 1200 The American Road in Morris Plains for $6.85 million. The multi-tenant property was sold to local real estate investor and developer JMF Properties Group. The Morris Business Campus encompasses more than 28 acres of land and comprises three interconnected Class B office buildings that were renovated in 2001. The rear of the property features a walkway with direct access to the Morris Plains train station. The property is currently zoned as light industrial and is located two miles from Interstates 287 and 80, and is 45 minutes from New York City.

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