Convergence (New Jersey)
Convergence, located in Whippany, New Jersey, Morris County, is a multi-tenant technology and office campus. The campus sits on 67 acres and incorporates 668,588 square feet of commercial space spread out across five separate buildings. The complex claims to offer "flexible, efficient floor plates" and is suited to a variety of business and corporate uses. Property history. In the 1950s, the 67-acre site's original owner International Telephone and Telegraph erected the property's first building to house the switching equipment for the famous “Red Phone”, the hotline that provided secure communication between the White  House and the Kremlin during the Cold War. Later, the site attracted Bear Stearns, one of Wall Street's trading houses. Purchasing the property in 1987, Bear Stearns expanded the original building and existing powerhouse, added three additional buildings, and upgraded the technology infrastructure to accommodate its executive staff as well as its disaster recovery, mission critical, data center, and trading operations. Following the property's ownership transition to JP Morgan Chase, another major technology upgrade was completed in 2010. The $23 million in improvements included replacing and expanding switching gears and generators, expanding transmission capacity, and boosting power  and redundancy capabilities making the campus usable for modern data center users, disaster recovery, mission critical operations, commercial office users and for high density office tenants. Convergence is currently owned by Brookfield’s Real Estate Opportunity Group.