The Birch Group on April 1 announced an extensive capital improvement initiative at 99 and 199 Cherry Hill Road, a two-building office park in Parsippany. The company will invest $1 million to transform the 191,249-square-foot complex’s lobbies and make upgrades to the conference rooms, hallways, bathrooms and common spaces.
Since acquiring the properties in January 2020, The Birch Group has taken a proactive and tenant-focused approach to its improvements. The assets have consistently outperformed the overall market, and are currently occupied by a high-caliber roster of tenants that includes Bayada Home Healthcare, Thermo Fisher Scientific and Scholls Wellness Co. – the manufacturer of Dr. Scholls.
“We see tremendous upside potential in 99 and 199 Cherry Hill Road, but we also recognize the importance of reinvesting in our properties to ensure they meet and exceed the needs and expectations of our tenants for many years to come,” said Mark
Meiser, president and founder of The Birch Group. “For every Birch Group property we own, we listen carefully to the needs of existing and future tenants, and enact tailored improvement and marketing strategies to create workplace environments that help them prosper and attract top talent.”
Offering all of the benefits of a suburban office including a park-like setting, 99 and 199 Cherry Hill Road feature a landscaped exterior and common courtyard overlooking a reflective pond. Amenities at the property include a full-service cafeteria and conference centers.
Strategically located at the Interstate 80 interchange and minutes from Interstate 287, with immediate access to Routes 46 and 202, the Cherry Hill Road buildings are in close proximity to retail centers, restaurants and hotels, further complementing the complex’s existing amenities.
The Cushman & Wakefield team of Dan Johnsen and William O’Keefe serve as the exclusive leasing agent for the complex.
Source: NJBIZ