01/07/2023
KenKap Realty Corp. had a banner year in 2022, culminating with this sale in Parsippany!
1280 Route 46, Parsippany, a 15,000 sq. ft. office building, and 1300 Route 46, an Outback restaurant, were sold in a transaction that closed on Dec. 21st. The sellers were two family investment groups with overlapping ownership, and the buyer was Shree Troy Hills, LLC, a major investor in Parsippany commercial properties. The properties, encompassing almost 3 acres, sold for a combined price of 4.2 million dollars. Kenneth Kaplan of KenKap Realty Corp. represented the buyer and sellers