150 SMITH ROAD PARSIPPANY, MORRIS COUNTY, NEW JERSEY OVERVIEW Colliers International has been retained as the exclusive advisor for the fee simple sale of 150 Smith Road, Parsippany, Morris County, New Jersey. 150 Smith Road is a 19,569 SF office building. The building is fully occupied with a strong credit tenant, Planned Companies. Planned Companies employs over 2,800 people. With a portfolio of over 400 properties across sox states, Planned Companies has become one of the leaders in real estate services throughout the Northeast. COLLIERS INTERNATIONAL NJ LLC Morris Corporate Center I 300 Interpace Parkway, Building C, 3 rd Floor Parsippany, NJ 07054 www.colliers.com No representation is made to the accuracy of the information furnished herein and same is submitted subject to errors, omission, change of prices, rental, or other conditions, prior sale, lease, and/or withdrawal without notice. The furnishing of this information shall not be deemed a hiring. Jacklene Chesler Senior Managing Director 973.299.3083 [email protected] Jonathan Schlussel Associate 973.299.3010 [email protected] For more information contact: OFFERING HIGHLIGHTS Since 2005, 150 Smith Road serves as the corporate headquarters for Planned Companies. They have demonstrated their commitment to the location by recently renewing their lease until the end of 2026. Fully occupied single-tenant leased building with 10 years of remaining lease term and structured rent increases. Well maintained asset, with approximately $1 million spent over the last 10 years, approximately half of which has been spent over last few years. Highly Accessible - located at the intersection of I-287 and I-80. Strong Demographics – property is located within Morris County, one of the 10 wealthiest counties in the U.S., providing a highly educated workforce. Matthew Brown Senior Financial Analyst 973.299.3075 [email protected]