Deals Signed During Pandemic Speak to Ownership’s Continued Commitment to NJ OfficeMarket
CBRE today announced it has arranged two new office lease transactions at 23 Vreeland Roadin Florham Park, New Jersey. International export companyHockman-Lewisinked a4,600 sq.ft. lease, while the law firm of Bakos & Kritzercommitted to a1,600 sq.ft. office lease.
Eastman Companies’ Director of Leasing,Eric Maurer, in partnership with the CBRE team of Jonathan Meisel, Dan CaseyandErin Wenzler, represented ownership, Eastman Companies, in the negotiations.
“While just a handful of new office leases were consummated since March, our team was able to work with our client to get these deals across the finish line,” said Mr. Meisel. “In spite of the challengesdue to the pandemic and statewide shutdown, Eastman Companies and CBRE worked closely with the tenants to ensure the lease transactions met all parties’ requirements.”
23 Vreeland Road, dubbed the “coolest little building you didn’t know about,” is a 69,000 sq.ft., two-story office building strategically situated just off Columbia Turnpike, not far from downtown Florham Park and the Route 10 retail corridor. The property was extensively modernized in 2019, including a new tenant lounge, café, conference center, remodeled lobby, electric car chargers free to users and a second floor common area. 23 Vreeland Road offers proximity toRoute 24, I-287, I -78 and the Garden State Parkway, and is just minutes from the Western Essex/I-280 corridor in Livingston. 23 Vreeland Road currently has remaining office space available ranging from 1,200 to 12,000 sq. ft.
Hockman-Lewis was represented by Cushman & Wakefield’s Dylan Tusinac and David DeMatteis, while Bakos & Kritzer was self-represented.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Pleasevisit our website at www.cbre.com.
