85 Whippany Road

Description

Comprising 85.75 acres in Whippany, New Jersey, this land parcel disposition represents the rare opportunity to acquire a large development site in one of New Jersey’s premier infill locations in prestigious eastern Morris County. 85 Whippany Road is part of the 194-acre redevelopment of the former Alcatel-Lucent / Bell Labs research and development campus. This site is the third and final development parcel as Bayer’s North American headquarters and MetLife’s global headquarters for their investment business have already been completed. The Property is currently zoned OB-RL3, Office Building and Research Laboratory District, allowing for professional office, research laboratories, state-licensed hospitals and nursing homes, child-care centers and more. Pending a zoning change, other potential uses that would be viable include multifamily, townhomes, hotel, retail, or flex/industrial. 85 Whippany Road is suited for a variety of future uses given the area’s dense, affluent demographics and large base of white-collar corporate employment.

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

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