Following a building boom in the 1980s, New Jersey was left with a surplus of outdated suburban office complexes – "white elephants" – as local real estate developers call them. The hulking office complexes stand vacant, not generating revenue for their owners or the towns where they are located. But a developer is about to rid the Garden State of two such properties.
Office 'White Elephant' to Make Way for Mixed-Use Project in Parsippany
Redevelopment of Former Intel Site to Center on Restaurants, Retail and Residences
By Linda Moss
CoStar News3 July 2019 | 22:39
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IN THIS ARTICLE
- Properties
- Intel Corporate Building PY1
1515 Route 10, Parsippany, NJ