MARE journal.com
Mid Atlantic Real Estate Journal — New Jersey — January 13 - 26, 2012 — 25
S OUTHERN N EW J ERSEY
ADISON, NJ—The Hampshire Compa- nies has announced LEED certified office building in Madison The Hampshire Companies sign Realogy to 270,000 s/f M
At 301 Roundhill Drive flex property Cushman & Wakefield brokers 24,000 s/f lease
ROCKAWAY, NJ — Cush- man & Wakefield, Inc. has orchestrated a 24,000 s/f head- quarters lease withActivu Cor- poration at 301 Roundhill Dr. Robert Donnelly, Jr., of Cush- man &Wakefield’s Morristown office, serves as the agent for the 50,000 s/f flex property. Ken Flynn of Jones Lang LaSalle served as tenant rep- resentative in negotiating the long-term lease. Roundhill Realty, LLC ini- tially retained Cushman & Wakefield in 2010 to explore options to lease or sell the property. “My client wanted to test the market, and the market response was positive
that Realogy will relocate its headquarters office fromPar- sippany to the newly trans- formed, LEED certified office building located at 175 Park Ave. Realogy will occupy the entire soon-to-be 270,000s/f building in late 2012. Upon completion, the prop- erty will be LEED Silver certified and will be designed to be sensitive to the neigh- borhood and its surround- ing natural environment. The class A office building will feature a full range of amenities including a fitness center, full-service cafe, and conference / team room facili- ties. 175 Park Ave. will have cutting edge green roof tech- nology and state-of-the-art energy efficient mechanical systems. “Securing a tenant such as Realogy truly is a testa- ment to our ability to deliver the most sought after office space in the state,” Kim Stirba-Reynolds, a senior investment manager for The Hampshire Companies. “This building will be like no other and will raise the standard for Class A office design. We are thrilled to welcome Realogy to 175 Park Avenue.” Situated on over 15 acres and conveniently located in the heart of Morris County’s premier suburban office mar- ket, 175 Park Avenue offers easy access to major area highways including Routes 124 and 24, I-78 and The Garden State Parkway. Con- vent Station is also minutes away and offers 45-minute midtown direct NJ Transit service to New York City. Construction is currently underway at the site. “Realogy is an ideal ten- ant for the building,” added David Simson, vice chair- man and COO of Newmark Knight Frank’s New Jersey operations, whose team rep- resented The Hampshire Companies and has a long- standing relationship with the firm. “Realogy chose the building that represents where commercial real estate is heading today: Green, en- vironmentally friendly and energy efficient.” ■
from potential tenants look- ing to lease and purchase,” Donnelly said. “Activu, which was looking to upgrade their work environment, really ‘got’ the vision behind the building design. It is an all-around good fit.” ■ 301 Roundhill Drive
175 Park Avenue
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321 Dultys Lane Burlington, NJ 08016
1819 Route 130 Burlington, NJ 08016
3000 Cindel Drive Cinnaminson, NJ 08077
Industrial
Type: Sq Ft:
Industrial
Industrial
Type: Sq Ft:
Type: Sq Ft:
81,775/ 0 ofc
188,294 /5,191 ofc
209,657/27,272 ofc
DI /TG: 0/11 Features: ESFR, T5 lights, 30' clr,
DI /TG: 2/41 Features: ESFR, TPO roof, 30' clr,
DI /TG: 1/20 Features: 2000 amps, 322 parking spaces, new TPO roof, NJ Transit train
immediate access to NJ Turnpike, NJ Transit commuter rail stop
T5 lights, 1200 amps, NJ transit commuter rail stop
11000 Midlantic Drive Mount Laurel, NJ 08054
2704 Cindel Drive Delran, NJ 08075
1090 Thomas Busch Memorial Highway Pennsauken, NJ 08053
Industrial
Flex/Office
Industrial
Type: Sq Ft:
Type: Sq Ft:
Type: Sq Ft:
66,867/28,557 ofc
168,737/19,500 ofc
94,989/9,400 ofc
DI /TG: 1/7 Features: 1600 amps, TPO roof, 24' clr, direct access to I-295
DI /TG: 1/38 Features: 30' clr, 800 amps,
DI /TG: 1/6 Features: ESFR sprinkler system, 1000 amps, 26' clr
ample parking, exp. site, central location
2703 Cindel Drive Delran, NJ 08075
100 Mount Holly Bypass Lumberton, NJ 08048
6000 Midlantic Drive Mount Laurel, NJ 08054
Flex/Office
Office
Industrial
Type: Sq Ft:
Type: Sq Ft:
Type: Sq Ft:
162,744/112,945 ofc
Suites Vary Features: Class A offices,
132,727/7,966 ofc
DI /TG: 1/4 Features: 3000 amps, 13 acre site, 500 parking spaces, 50,000 sq ft a/c warehouse
DI /TG: 2/12 Features: 30' clr, T5 lighting, ESFR, additional loading opps
direct access to I-295, award-winning building
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