News: Brokerage

Morgan Properties relocates corporate offices to 17,000 s/f at High Point Office Park in Victor

Shown (from left) are: Mary Ellen Arcarese, director of HR at Morgan Props.; Russell Cattat, CTO at Morgan Props.;
Kevin Stefan, VP/controller at Morgan Props.; Marina Dikos, CFO at Morgan Props.;
Samantha McQuown, sr. VP of operations at Morgan Props.; and Rob Stein, associate general counsel at Morgan Props.

Victor, NY Morgan Properties, one of the largest multifamily owners and operators in New York state, is relocating its local corporate office to 211 High Point Dr. The office encompasses close to 17,000 s/f and accommodates up to 80 employees. Its design includes an outdoor terrace, contemporary break room and kitchen, private offices and workstations, conference and training rooms, meeting lounge and wellness room.

The new workspace promotes teamwork, creativity, and growth for Morgan Properties’ employees while driving operational excellence in the Rochester region.

“At Morgan Properties, we believe in-person collaboration is critical to building the collective strength of our organization, enhancing professional development opportunities for our team members, and ensuring that we continue to provide best-in-class service to our residents,” said Jonathan Morgan, president of Morgan Properties JV. “Our new New York-based corporate office will be a vibrant workplace that puts our employees first and creates a community-inspired space.”

Located 15 miles south of downtown Rochester and north of the Finger Lakes, the new corporate office is located with access to major roadways positioned off Rte. 96 and I-90 and I-496. The High Point Office Park is a mixed-use development located among shopping, dining, retail and hospitality attractions, and also near the Eastview Mall.

“As a well-connected Rochester suburb, Victor, NY is the perfect fit for a new corporate office,” says Jason Morgan, principal and president of Morgan Properties Special Situations. “Morgan Properties has strong-performing assets in the greater-Rochester market, and this state-of-the-art office marks Morgan Properties’ long-term investment in growing the company’s presence in western New York, developing new operational efficiencies, and building an even stronger company culture.”

In addition to the new Victor, office, Morgan Properties operates out of two corporate offices in King of Prussia, Penn. and Boca Raton, Fla.

Established in 1985 by Mitchell Morgan, Morgan Properties is a national real estate investment and management company. Jonathan and Jason Morgan represent the next-generation leaders growing the platform and overseeing the business operations. Morgan Properties and its affiliates own and manage a multifamily portfolio comprising over 90,000 units across more than 345 communities in 19 states.

READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

The death of the generic offering memorandum: What buyers expect in 2025 - by Kimberly Zar Bloorian

There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence in lending - by Lindsay Mesh Lotito

Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

New York’s streets are full again, and the retail numbers prove it - by Noam Aziz

Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.
Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

Hunt commercial real estate question and answer: The total cost of relocation - by David Hunt

You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their