Real Estate Journal — Northern New Jersey — June 14 - 27, 2019 — 9B
www.marej.com
M id A tlantic
N orthern N ew J ersey
UMMIT, NJ — Full ser- vice real estate company The Heller Group and Murphy and Simson represent the property owner TheHellerGroupandNKFannounce full-building lease at One Prospect St. in Downtown Summit S tance of NJ Transit’s Summit Train Station, One Prospect Street provides Boll & Branch
“The Heller Group’s prop- erty at One Prospect Street offered the largest block of commercial space currently available in Downtown Sum- mit, a historically coveted lo- cation among North Jersey- based companies for its prox- imity to many restaurants, shops and transportation services,” said Simson. “The live-work-play environment that Downtown Summit offers goes a long way in helping companies attract and retain talent. For this reason, the area maintains the most expensive rents
per square foot in suburban New Jersey. We’re pleased to have negotiated a deal that allowed Boll & Branch to seamlessly relocate their headquarters while ensuring a premium rent price for our client.” “NKF had the market ex- perience and expertise to find us a high-quality tenant that would fulfill our goal of full-building occupancy,” said Alan Meades, president of The Heller Group. “We welcome Boll & Branch as they make One Prospect Street their new home. By
providing the space to ad- equately accommodate the company’s growing work- force, One Prospect Street will be able to support the Boll & Branch’s workplace culture and business needs for years to come.” Originally constructed about 60 years ago on a 1.34-acre lot, One Prospect Street has recently under- gone a total renovation to create a freestanding office building that boasts modern interiors, a brick façade, an on-site fitness center and ample parking.
emp l o y e e s with a con- venient com- mut e back a n d f o r t h f rom Man- hattan and Hoboken. An on-site dedi- cated park- ing lot and
global com- mercial real e s t a t e a d - visory firm N ewma r k K n i g h t F r a n k (NKF) an - nounced the full-building
Kevin Murphy
David Simson
lease of One Prospect St. in Summit. The three-story, 23,000 s/f office building will serve as the new headquar- ters of Boll & Branch, leading e-commerce designer and re- tailer of sustainably-sourced luxury home goods. An NKF team led by senior managing director Kevin Murphy and vice chairman David Sim- son represented the property owner, The Heller Group. Jeff Heller of the firm Avison Young represented the tenant. Located within walking dis- Continental Plaza HACKENSACK, NJ — NAI James E. Hanson has negotiated a lease on behalf of The Solomon Page Group at Continental Plaza Office Center’s 401-433 Hackensack Ave. in Hackensack. NAI James E. Hanson’s W. Joshua Levering, SIOR , and Nicho- las DePaolera represented the tenant, The Solomon Page Group, in the transaction with the landlord, JD CP Investors, LLC. So l omon Pag e Gr oup (‘SPG”) is one of the nation’s leading staffing solutions and executive search provid- ers. Headquartered in NYC, SPG has over a dozen offices across the United States. Josh Levering noted, “Having a well-located, modern office in the northern New Jersey marketplace is a priority for the firm. It will allow them to work more efficiently with their regional clients and expand their services in the local marketplace”. Levering continued, “Conti- nental Plaza is a three-build- ing 650,000 Class-A high-rise office complex. The property boasts a tremendous location at the intersection of Rte. 4 and Hackensack Ave”. NAI Hanson’s Levering and DePaolera ink office lease at
easy access to Routes 24 and Interstate 78 make the loca- tion a convenient option for driving commuters as well.
P o s k a n z e r S k o t t A r c h i t e c t s 550 North Maple Avenue, Ridgewood, NJ 07450 201.445.2322 www.poskanzerskott.com
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