Cushman & Wakefield Brokers $10.25M Sale of Morris Plains Office; Agadia to Move Global HQ

201 Littleton Road — an 89,100-square-foot, three-story office on 16.5 acres — sold Sept. 30, 2025, as Cushman & Wakefield arranges financing and a long-term buyer for a well-leased, value-add suburban asset.

MORRIS PLAINS, N.J. — Cushman & Wakefield announced on Sept. 30, 2025, that it arranged the $10.25 million sale of 201 Littleton Road, an 89,100-square-foot office building in Morris Plains. Chopp Holdings sold the property to SiriVarsha LLC, a sister company of Agadia Systems Inc., which plans to relocate its world headquarters to the site.

The three-story property sits on 16.5 acres and offers a park-like setting with lake views, outdoor terraces, and recently refreshed lobby and common areas. Average suite size is roughly 4,700 square feet. The building benefits from immediate access to major roadways—I-287, I-80 and Route 10—and is surrounded by retail, dining and growing residential development.

Cushman & Wakefield brokers David Bernhaut, Frank DiTommaso, Andrew Schwartz, Jordan Sobel, Andre Balthazard, Dan Bottiglieri, and Bill Baunach represented the seller and procured the buyer. Cushman & Wakefield’s Equity, Debt & Structured Finance team—Brian Anderson and Eddie Miro—arranged financing on behalf of the purchaser.

“201 Littleton Road presented a unique opportunity to acquire a well-occupied office asset with significant in-place cash flow and value-add potential,” said Jordan Sobel. “The property’s recent leasing momentum, which includes five new deals totaling over 22,000 square feet, demonstrates the sustained demand for high-quality, well-located office space in the New Jersey market.”

“The team at Chopp Holdings has done an excellent job throughout the course of their ownership, and we are pleased to have had the opportunity to represent them while securing a long-term buyer for the property,” added Frank DiTommaso.

Cushman’s announcement highlights recent leasing activity—five new leases exceeding 22,000 square feet—as evidence of tenant demand and immediate cash flow, while noting remaining upside through continued leasing and repositioning.

The transaction underscores continued investor interest in well-located suburban office properties that combine strong accessibility with amenity-rich settings and near-term leasing momentum.