14A — March 2025 — New Jersey — M id A tlantic Real Estate Journal
www.marej.com
N ew J ersey
CBRE’s Gottlieb, Herlihy, Barkan, and Bok represents MLBN Crow Holdings Development and MLB Network ink full-building lease in Elmwood Park, NJ
LMWOOD PARK, NJ — MLB Network, Ma- jor League Baseball’s Emmy Award-winning content platform, will be moving its en- tire operation and office space to Crow Holdings Develop - ment’s 25 Market St., located in Elmwood Park. Expected to be operational for the 2028 MLB season, the new- ly delivered 207,000 s/f com- mercial building will house all of the network’s production studios and offices, plus MLB’s video tape library. As MLB Net- work reaffirms its integral role in daily coverage of America’s E
national pastime, this new facility will feature the latest cutting-edge technology and design, enabling the network to stay at the forefront of produc- tion excellence and innovation. Located nearby in Secaucus, for the last 16 years, MLB Network offers the most com- prehensive baseball coverage across multi-platform distribu- tion and social channels, in- cluding live games, studio pro- grams, documentaries, special features, and countdown shows. “This new long-term home for MLB Network is an op- portunity for us to transform
our operations and deliver a futureproofed workplace that enables our team to produce exceptional content,” said Bill Morningstar, president of MLB Network. “Partnering with Crow Holdings on this state-of-the-art new facility will allow us to modernize our studios, enhance our produc- tion and support our evolving business. Moving to this new location demonstrates the im- portance of MLB Network to MLB and its media partners, the 30 clubs and fans across the world not only today but well into the future.” Securing such a high-profile tenant suits 25 Market St., which carries an iconic status of its own. The property – prominently visible from I-80 at Exit 61 – housed the Marcal Paper warehouse for nine de- cades, until the local landmark was destroyed by fire in early 2019. Crow Holdings Develop- ment purchased the property and subsequently delivered a distinctive, trophy industrial building befitting of the site’s history and neighborhood. A brick facade and black win- dow mullions inspired by the original warehouse pair with large, translucent light boxes to marry classic elements with modern design. “We can’t think of a better match for this special prop- erty,” said Crow Holdings De- velopment’s Clark Machemer, senior managing director. “Our own company was founded on industrial development in 1948, so we know something about long-lasting brands that evolve to serve changing customer and community needs. For us, this is about more than matching a building and a tenant; it is two legacy organizations coming together with an eye toward the future.” CBRE’s Scott Gottlieb, Brendan Herlihy, Greg Bar - kan, and Elliot Bok repre- sented MLBN in the 25 Market Street lease. The Jones Lang LaSalle (JLL) team of Rob Kossar, David Knee, Ignati - us Armenia, Chris Hile, and Ryan Milanaik represented Crow Holdings Development. Crow Holdings Develop- ment’s latest projects include the recently completed Crow Holdings at Carteret in Cart- eret, with Golden Triangle Logistics Center in Wallkill, N.Y, and Crow Holdings at 6A in Burlington, under development. MAREJ
25 Market St.
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