May 30, 2017
Mane USA, a worldwide leader in fragrance and flavor, has bought 339 Jefferson Rd. in Parsippany, NY.
The French company will use 70,000 square feet at the 102,000-square-foot property as its U.S. headquarters. The remaining 28,000 square feet are occupied by Hollister Construction and Ascend Laboratories.
The seller, Prism Capital Partners, bought the property in 2013, planning to renovate what had been a single-tenant property to allow it to house multiple tenants.
“The drive to do more in less space has resulted in a growing number of single-tenant properties being repurposing to accommodate multiple users with smaller requirements,” noted Edwin Cohen, a principal partner with Prism. “We look forward to continuing our involvement as property manager for the new ownership.”
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