Real Estate Journal — Northern New Jersey — December 9 - 22, 2016 — 9B
www.marejournal.com
M id A tlantic
N orthern N ew J ersey
Newmark Grubb Knight Frank is 56 at Roseland’s leasing agent Connell Foley relocating HQ to 71,000 s/f space at MDC and Square Mile-owned Roseland bldg.
OSELAND, NJ — Connell Foley , one of New Jersey’s pres- tigious law firms, has leased 71,000 s/f of professional space at 56 at Roseland – the best-in-class suburban office building located at 56 Liv- ingston Ave. in Roseland, NJ. Mountain Development Corp. (MDC) and Square Mile Capital Management, LLC (Square Mile) own the property, whose tenants also include major law firm Lowenstein Sandler, LLP, and Brown & Brown, the insurance firm. Newmark Grubb Knight Frank is 56 at Roseland’s leasing agent. Connell Foley is relocating its New Jersey headquarters from a nearby location in Roseland and will occupy space on the first and second floors. The firm anticipates moving into its new space in late spring of 2017. “Connell Foley’s decision to relocate their headquarters after 30 years to 56 at Rose- land reinforces the creation of an elite environment for the region’s top professional firms,” said Michael Seeve , R Ripco Real Estate inks 3 leases at CVS Plaza SECAUCUS, NJ — Curtis Nassau of Ripco Real Estate announced three new signed leases at 101 Plaza Center in Secaucus, NJ with the addi- tion of Habanero Halal Grill, USA Wine Trader’s Club, and Dollar Plus. 101 Plaza Center is a 53,000 s/f neighborhood shopping cen- ter anchored by CVS, KFC, and T-Mobile. Additional tenants include Bagel Buffet, Plaza Pizza, Jon Giacomo Hair Salon, among others. Newly renovated, 101 Plaza Center has undergone exte- rior façade and parking lot renovations. “With only one small vacancy left in the center and renova- tions nearing completion, we feel confident in our ability to bring this shopping center to 100% occupancy,” said Mi- chael Rawlins of Ripco. n 101 Plaza Center
president of MDC. “We are honored to have been chosen by their firm and by Lowen- stein Sandler. Our world-class professional amenities are designed toward supporting their operations and person- nel in a manner unmatched in the market.” “This lease transaction an- nounced today demonstrates 56 at Roseland’s standing as one of Northern New Jersey’s premier professional office settings,” said Square Mile principal Matthew Drum- mond . He added, “Our ven- ture has modernized and
repositioned this irreplaceable asset to serve the top end of the market and we’re pleased to welcome Connell Foley to its new headquarters.” Lowenstein Sandler’s space totaling 170,000 s/f is cur- rently under construction at the building, and the firm will move into it in 2017. MDC and Square Mile are working collaboratively with both firms to personalize their workspaces. Their hands-on approach reflects the venture partners’ expertise in building operational space for the legal industry. n
56 at Roseland
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