WHIPPANY, N.J. (Morris County) — Marcus Partners has launched construction at 35 South Jefferson Road in Whippany, where the firm is redeveloping a 6.6-acre site into a 72,000-square-foot Class A logistics facility.
The project, expected to be completed in the third quarter of 2026, involves demolishing a 40,000-square-foot vacant office building and replacing it with a modern warehouse and distribution facility featuring 36-foot clear heights. The design will allow for single or multi-tenant use, targeting continued demand in the sub-100,000-square-foot industrial segment.
“Our expertise in finding these underutilized and outdated properties with exceptional regional access has continued to deliver successful projects and returns for our investors,” said Todd Minerley, senior vice president, investments for Marcus Partners. “Whether it is Class A logistics space or new multifamily properties, unlocking the value in these metrocentric sites is proving our strategy continues to be sound and dynamic in multiple markets.”
Company officials said the new facility will provide modern, efficient space in a supply-constrained market and extends Marcus Partners’ record of identifying change-of-use opportunities for high-demand industrial properties.
