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Vision Equities finalizes $32.4M sale of Parisppany office

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Mountain Lakes-based real estate firm Vision Equities announced Tuesday it completed the $32.4 million sale of 299 Jefferson Road, a 150,500-square-foot office building in Parsippany.

According to the announcement, Vision sold its interest in the property to Arizona-based Cole Real Estate Investments. The location will serve as the corporate headquarters of specialty chemical company Evonik Degussa Corp. Vision announced it will remain involved with the property as asset manager.

Write to the Editorial Department at editorial@njbiz.com

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