M id A tlantic Real Estate Journal — October 22 - November 18, 2021 — 3A
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M id A tlantic R eal E state J ournal
P Investments will create Morris County’s 1 st corporate destination tailored to post-pandemic workplace Signature Acquisitions embarks onmajor capital improvements at 175,000 s/f, class A office building local market.”
the diverse meeting and train- ing needs of future tenants. “The evolution in how and where employees work has forced office owners to rethink every aspect of their properties as they look towards the fu- ture,” said Rich Travaglini , senior vice president/director of leasing for Signature Acqui- sitions. “With our significant capital investments at 100 Kimball, we are re-envisioning the property to support the new and future needs of the corporate workforce and give employees a reason to want to come into the office that will be unmatched by any other in the
ARSIPPANY, NJ — Signature Acquisi- tions , one of the re- gion’s most active and pres- tigious owner/managers of class A suburban office space, announces a major capital improvement plan at 100 Kimball, a 175,000 s/f class A office building located at 100 Kimball Dr. in Parsippany. The capital improvements will feature significant tenant- focused upgrades to maintain 100 Kimball’s position as the premier office space in Morris County tailored to the post- pandemic work environment. Situated less than a mile from the intersection of Inter- states 287 and 80 in Morris County, 100 Kimball’s strate- gic location is paired with five stories of endlessly adaptable office space. Constructed in 2007, Signature Acquisitions acquired 100 Kimball in April 2019 to augment its rapidly growing four-million-square- foot portfolio of high-quality office assets across New Jer - sey and New York. Currently home to Deloitte, the account- ing firm’s planned departure from the building next year will enable Signature Acquisi- tions to bring the full building to the market in August of 2022. Capitalizing on this rare opportunity, Signature Ac- quisitions tapped architec- tural firm Studio 1200 to re-envision 100 Kimball ’s function and purpose around the evolving needs of employ- ers and their employees. The strategic capital improvement plan will focus on transform- ing 100 Kimball into the only corporate destination in Mor - ris County designed to serve to the post-pandemic work- place. Through the addition of in-demand amenities and the modernization of common areas, Signature Acquisitions will create a tenant experience that fosters collaboration, in- novation and socialization as workers return to the office. Beginning with a complete revitalization of the lobby, Signature Acquisitions will ensure that tenants and visi- tors feel welcomed the moment they enter in 100 Kimball. In addition, the redesigned café will transform the traditional office cafeteria into a dynamic indoor and outdoor dining space with creative and one- of-a-kind menu items and exciting culinary options. Con-
“Morris County’s highly favorable demographics, deep labor pool and transportation connectivity continues to drive strong demand for Class-A office space in the market,” said Heller, Principal and Managing Director of Avison Young’s New Jersey office, “Through their visionary capi - tal improvement plan at 100 Kimball, Signature Acquisi- tions will create a unique op- portunity for a modern, nimble workspace sought-after by many businesses in the region as they determine their return to work plans.” MAREJ
100 Kimball
tinuing the focus on employee wellness, Signature Acquisi- tions will also bring the latest state-of-the-art equipment and program offerings to the building’s newly redesigned
fitness center. Focused on en - hancing collaboration, Signa- ture Acquisitions will reorient the building’s current shared conference and training rooms to enhance flexibility around
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