6B — October 2023 — Southern New Jersey — M id A tlantic Real Estate Journal
www.marej.com
S outhern N ew J ersey
Lease brings newly reno. building to full occupancy The Hampshire Cos. brokers 16,903 s/f lease in Morristown
Madanick joins agency as account exec. NITA welcomes South Jersey native
founding Natalie Madanick Health, her own company that provided one-on-one and group coaching support to help people implement life- style changes for improving mental and physical health. Her background in business development has led to years of connecting with people in po- sitions with the Philadelphia Youth Network, Philadelphia Workforce Development Cor - poration, EducationWorks and Aramark Corporation. Outside of work, Madanick is active with the Katz JCC, Kol Ami, Jewish Federation as well as other regional organizations. “From the moment I met with George and Fran, the connec - tion was clear. NITA is a family and one filled with passionate individuals who share a goal of exceptional service. I can - not be more excited to take on this new role,” said Madanick, who often references George Addair’s quote “Everything you want is on the other side of fear” and approaches any next chapter with positive excitement. The South Jersey native went on to add, “I live in the moment and now NITA is my focus. I look forward to leveraging the relationships I’ve established over the years and building new ones.” MAREJ
MARLTON, NJ — Nation- al Integrity Title Agency (NITA) , a full-service title
M
ORRISTOWN, NJ — The Hampshire Companies , a full-
insurance and settle- ment agen- cy for com- mercial and residential real estate, we l comes Na t a l i e Madanick as its newest
service, private real estate investment and development firm, announced it has nego- tiated a 16,903 s/f lease with Sanofi’s Consumer Healthcare division at 21 South St., a 43,691 s/f class-A office build - ing located in downtown Mor - ristown. The lease brings the newly renovated building to full occupancy. Sanofi is sched - uled to welcome its Consumer Healthcare employees to the space in the 4Q of 2024. A division of Sanofi, a global healthcare company, Con- sumer Healthcare delivers consumer-driven, innovative medicines and products for allergy; pain; digestive well - ness; cough, cold and flu and physical and mental well- ness. Earlier in 2023, Sanofi announced it would also be relocating its flagship N.J. location from Bridgewater, NJ to M Station West, a 260,000 s/f office building currently under construction in Mor - ristown. The move is expected to bring 1,900 employees to Morristown by 2025. The move of Sanofi’s Con - sumer Healthcare division to 21 South will bring an
account executive to the NITA team. After years of owning her own business, Madanick will put her entrepreneurial experience to work, research- ing, planning and implement- ing new target initiatives. She will also be responsible for setting goals for business and revenue growth then pursuing leads and developing strong client relationships to achieve them. Although a pri - mary focus is the commercial marketplace, Madanick will also source residential clients, working hand-in-hand with NITA’s sales and operations teams to support the com- pany’s overriding objectives and commitment to providing high-level, dedicated service. Prior to joining NITA, Madanick held various posi - tions including most recently Natalie Madanick
21 South St
additional 70 employees to Morristown and will allow its employees to enjoy the wide range of shopping, dining and entertainment options that have made Morristown one of the region’s most excit- ing downtowns. Sanofi will lease the building’s entire first-floor retail space, the entire second-floor office space and will partially occupy the building’s available third-floor office space. Constructed as a bank in 1911, The Hampshire Com - panies reimagined 21 South Street in 2021 as a workplace that inspires and excites to- day’s workforce. Blending the building’s historic brick and iron elements with modern design touches, 21 South Street is now Morristown’s premier
boutique office building. The Hampshire Companies relocat- ed its headquarters to a 25,665 s/f space on the third and fourth floors at the building in 2021. “To find success in today’s office leasing environment and appeal to high-quality tenants like Sanofi’s Consum - er Healthcare, buildings must successfully combine loca- tion, adaptability and modern design,” said John Durso , chief investment officer and executive vice president of de - velopment for The Hampshire Companies. “Every element of 21 South Street’s transforma - tion as been designed with that balance in mind. We are excited to welcome Sanofi to this new space in downtown Morristown.” MAREJ
Walters puts finishing touches on new Ship Bottom HQ
Vantage brokers two prime office space leases in Cherry Hill, New Jersey
SHIP BOTTOM, NJ — Walters has taken occupancy of its newly constructed custom homes headquarters in Ship Bottom. The two-story, 5,000 s/f building at 701 Central Ave. houses two divisions of the award-winning development firm: Walters Homes, includ - ing a sales and design center, and Walters Architecture . “We’ve designed our new custom homes headquarters to better serve Long Beach Island by offering services that bridge the gap in custom home- building and design,” said Ed Walters Jr. , president and founder of Walters. “At this new location, clients will work with our experienced team of architects, designers and sales professionals to put together a customized game plan for their new home.” Walters occupies the build- ing’s second story. The first floor will house a real estate company and a restaurant user – both to be announced in the coming months. In nearby Ortley Beach, another Walters sales office
1939 Rte. 70 East
701 Central Ave. rendering
capacity to cater to prestigious professional organizations, and its central location provides convenient accessibility to legal professionals and clients alike. Emily Stein , manag- ing director and director of Healthcare Services, and Corinne Giletto , director of client services, played instrumental roles in these lease agreements. Their expertise and commit- ment were pivotal in represent - ing both sides in the Camden County Bar Association lease and representing the landlord in the Ste. 260 lease. MAREJ
CHERRY HILL, NJ — Vantage Commercial an- nounced the leasing of two premier office spaces located at 1939 Rte. 70 East, Cherry Hill. Ste. 120 has been secured by the esteemed Camden County Bar Association, while Suite 260 will be occupied by a promi - nent behavioral health group. The Camden County Bar As - sociation’s decision to choose Ste. 120 as their new location speaks volumes about the desirability and quality of the office space at 1939 Rte. 70 East. The Association’s move demonstrates the building’s
opened this summer. Located on the corner of Route 35 and 3rd Ave., that operation serves as the central hub for the Osborn Dunes at South Mantoloking development in Brick, NJ. With its main headquarters in Barnegat, Walters is a leader in sustainable construc- tion and has residential devel - opments throughout Ocean County. The privately held firm is committed to the high- est construction standards and environmentally responsible building practices. Since 1984,
Walters has grown steadily; the company also includes Walters Apartments, based in Haddonfield. “We’ve designed our new custom homes headquarters to better serve Long Beach Island by offering services that bridge the gap in custom homebuilding and design. At this new location, clients will work with our experienced team of architects, designers and sales professionals to put together a customized game plan for their new home,” said Ed Walters Jr. MAREJ
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