COLLIERS INTERNATIONAL NAMED EXCLUSIVE LEASING AGENT FOR 225,000-sf ‘THE OFFICES AT MORRISTOWN’

 Class A office building at 44 Whippany Road offers ‘best of both worlds’

with diverse, first-class amenities and transit-centered location–

PARSIPPANY, NJ, September 18, 2013 – Colliers International has been named the exclusive leasing agent for The Offices at Morristown, RXR Realty’s 225,000-square-foot class A office property, located at 44 Whippany Road in Morristown, New Jersey.

Prominently visible and immediately accessible from Interstate 287 and Route 24, The Offices at Morristown has a serene, campus-like setting yet is minutes from the heart of downtown Morristown. The property has a rare array of amenities in a city renowned for its roster of high-quality corporate tenants.

“The Offices at Morristown offers tenants the best of both worlds,” said Robert Martie, Executive Vice President of the New Jersey Operations for Colliers International, who noted that eastern Morristown has had a resurgence in its residential and retail markets, further enhancing the city’s already significant appeal to corporate occupiers. “RXR has done a tremendous job creating a unique experience at 44 Whippany Road that is difficult to replicate.”

“The Offices at Morristown has undergone a full redevelopment with a focus on design and quality which will stand out in a market that attracts significant corporate tenants,” said Todd Rechler, Co-Chief Operating Officer of RXR Realty and President of RXR Construction & Development. “It was important to us that we partner with a sophisticated agency team to lead the leasing efforts.  Colliers International has an outstanding global platform and the local expertise to help us attract the highest-quality tenants.”

The Colliers International leasing team of Richard Madison, Richard Mirliss, Daniel Harrison, Leslie Meril, and Anthony Rinaldi will provide agency representation services on behalf of RXR.

The Offices at Morristown is comprised of three 88,000-square-foot floors, and a dramatic, three-story atrium lobby. The building has computer controlled HVAC, and fiber optic Internet connectivity. RXR recently finished a high-end renovation of the café, and installed a new first-floor fitness center with full locker rooms, as well as a conference center and training room that is available for tenants’ use.

In addition to the building’s amenities, tenants can also enjoy walking or jogging along the Patriots Path or taking a stroll through the Frelinghuysen Arboretum, which are both directly adjacent to the property.

Close to local restaurants, shopping, and hospitality venues, The Offices at Morristown is just one mile from the Morristown NJ Transit station, and is also conveniently located to the Morristown Airport, Westin Governor Morris Hotel and conference center, and Morristown and Newark Airports.

Major tenants in the building include Aon Corporation, OneBeacon Insurance, and Edwards Wildman Palmer.

About Colliers International
Colliers International is a global leader in commercial real estate services, with over 13,500 professionals operating out of more than 482 offices in 62 countries. A subsidiary of FirstService Corporation, Colliers International delivers a full range of services to real estate users, owners and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, valuation, consulting and appraisal services, mortgage banking and insightful research. The latest annual survey by the Lipsey Company ranked Colliers International as the second-most recognized commercial real estate firm in the world.

About RXR Realty

RXR Realty is a New York real estate operating company. With a significant presence in the New York Tri-State region, the Company has established a franchise positioned to provide the highest quality real estate and premier services. The Company’s infrastructure, depth of management and financial strength ensure a significant competitive advantage across its markets, defining its position as the leading real estate owner, manager and developer in the Tri-State area.

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Contacts: Russ Colchamiro, Nicole Chin-Lyn

The Marino Organization

212-889-0808

Russ@themarino.org, Nicole@themarino.org

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