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MORRIS COUNTY, N.J. — Parsippany, N.J.-based Woodmount Properties has commenced the final phase of development for the 75-acre Commerce Center mixed-use project in Morris County. Phase III construction will consist of The Offices at Commerce Center, a 59,000-square-foot medical office building. The property will be built as condominiums, offering tenants the opportunity to own or lease their space. Rotwein & Blake is serving as project architect. Clancey Realty Group will market the property. Commerce Property already contains a fully operational, 150,000-square-foot FedEx facility, as well as a 108-room Hilton Homewood Suites that is under construction and scheduled for completion in early 2009.