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    Mixed-Use Development with Retail Title is generated by Realmo AI

    400 Parsons Pond Dr, Franklin Lakes, NJ 07417

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    Planned mixed-use community combines luxury residences with Class-A retail for an integrated live-work tenant environment.

    Type:Retail
    Property size:
    71,000 SF
    Lot size:
    96.00 Acres
    Added:
    Jun 16, 2026
    Days on Market:
    12
    Last Refresh:
    Jun 20 at 4:24 am

    Property Features for 400 Parsons Pond Dr

    General Information

    Standard status
    Active
    Size
    71,000 SF
    Lot size
    96.00 Acres
    Property subtype
    Retail

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    Brian S Silbert

    Listing office Silbert Realty & Management Company, Inc

    Listing date Jun 16, 2026

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Silbert Realty & Management Company, Inc

    HighLights

    • Former Cigna Headquarters at 400 Parsons Pond Drive, acquired by SHG Franklin Lakes for mixed‑use development
    • Planned 96‑acre development
    • Includes 320 luxury townhomes
    • Includes 250 luxury apartments
    • Plans 71,000 SF of Class‑A retail

    Overview

    400 Parsons Pond Drive is the former Cigna Headquarters, acquired by SHG Franklin Lakes for mixed-use development. The overall project is planned across 96 acres and is intended to include 320 luxury townhomes and 250 luxury apartments, along with 71,000 SF of Class-A retail.

    The property’s mixed-use plan brings residential and retail components into a single development, supporting tenants that benefit from an on-site customer base. As currently described, the offering is centered on developing the retail component as part of the larger Franklin Lakes project.

    For operators seeking a residentially driven retail setting, the planned Class-A retail footprint is positioned to serve the community created by the townhomes and apartment homes. Prospective tenants and brokers can evaluate the available retail opportunities within the larger development plan at 400 Parsons Pond Drive, including how the retail component will complement the planned residential mix.
    Location Intelligence

    Current Use by Public Records

    IBM (Bike/Boat/Book/etc) Store Montvale Landscaping Inc Landscaping Medical Co Tn Medical Clinic Dr. Michael C. ... Physician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Franklin Lakes
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.179482
    Latitude
    41.022959

    FAQs

    What type of property is this?
    Mixed-use property - Planned mixed-use community combines luxury residences with Class-A retail for an integrated live-work tenant environment.
    Where is this mixed-use property located?
    The property is located at 400 Parsons Pond Dr Franklin Lakes, NJ.
    What are key features of this property?
    This property features: Former Cigna Headquarters at 400 Parsons Pond Drive, acquired by SHG Franklin Lakes for mixed‑use development; Planned 96‑acre development; Includes 320 luxury townhomes
    More about this property
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