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John Guest USA Commits to 60,600 SF in Parsippany, NJ
Colliers Reps Plumbing Products Manufacturer in North American Headquarters Lease
By: Colliers International Group
Colliers' John Donnelly, based in the global commercial real estate services firm's Parsippany office, represented John Guest USA in orchestrating the long-term lease. Thomas Consiglio and Scott Peck from Resource Realty served as brokers for property owner GTJ REIT.
According to Donnelly, John Guest USA's growth in the plumbing market required an expanded space, driving the Northern New Jersey search for a new headquarters location. "My client [Byron Woodard, President of John Guest North America] wanted to elevate the brand's presence commensurate with their growth trajectory at a high-profile, stand-alone facility," he said. "The property at 20 East Halsey Road met these specifications beautifully, offering a large multi-purpose space, building signage and visibility from I-287. GTJ Management recently renovated the building – raising the roof, upgrading the power and sprinkler systems, and updating the landscaping program. That proactive move played a big part in securing John Guest USA's commitment."
Additionally, the property offers a generous, 15,000-square-
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Evelyn Weiss Francisco