Cushman & Wakefield, The Morrison, Parsippany, NJ
Size:325 Units/26.7 Acres
Brokers: Andrew Merin, David Bernhaut, Gary Gabriel, Brian Whitmer, Kyle Schmidt
This sale of fully approved multifamily development land is significant as both the marketing as well as due diligence processes occurred during the summer through winter of 2020, following the onset of COVID-19. The site totals 26.7 acres and is located at 100 & 120 Cherry Hill Road in Parsippany. The plans are for a two-building 325 unit multifamily complex, which will include 65 units of affordable housing.