November 2023

10C — November 2023 — Owners, Developers & Managers — M id A tlantic Real Estate Journal

O wners , D evelopers & M anagers

Sherry Cushman and Greg Culver of Cushman & Wakefield represent legal aid nonprofit Tishman Speyer signs 37,700 s/f full-floor lease at newly renovated International Square

W ASHINGTON, DC — Tishman Spey- er has secured a 37,700 s/f lease with Legal Services Corporation (LSC) at International Square, its newly renovated 12-story office tower, located at 1825 Eye, NW in Washington DC. Established by Congress in 1974, LSC provides financial support for civil legal aid to low-income Americans in every state, the District of Columbia and US territories. Under the 15.5-year lease, the independent nonprofit will move into 37,700 s/f across the entire eighth floor beginning in November 2024. Originally constructed in 1982, Tishman Speyer recently completed an extensive renova- tion program at International Square. Upgrades at the 1.1 million s/f, three-tower complex include a redesigned lobby and atrium experience highlighted KEARNY, NJ — Developed in partnership with River De- velopment Equities, Russo Development’s newest lo- gistics and warehouse devel- opment in Kearny is moving quickly toward delivery this quarter. The 211,287 s/f. class A facility located at 1100 Harri- son Ave. (Rte. 508-Newark- Jer - sey City Tpke.) provides close proximity to key distribution corridors in New Jersey and the East Coast. 1100 Harrison is an ideal location and development to deliver an incoming tenant a first class, efficiently designed building with a significant amount of excess parking in a supply constrained environ- ment in the Northern New Jersey- NY Metro area. “The most critical factor in logistics is project location. At Russo, we strategically select our locations to maximize ef- ficiency and transportation costs for our tenants and that is exactly what 1100 Harrison Avenue’s location will provide, located less than a mile from the New Jersey Tpke.,” said Michael Pembroke , chief operating officer at Russo De - velopment. “The connectivity that this development offers to New Jersey will be invaluable for our future tenant.” The warehouse facility is lo-

1825 Eye, NW in Washington DC

International Square

forward to welcoming them to this dynamic neighborhood.” Legal Services Corpora - tion’s president Ron Flagg added, “Moving to Interna- tional Square provides LSC with a more easily accessible, modern workplace to better pursue its vital work to ex- pand equal access to justice.” Located in the heart of DC, International Square is sur- rounded by high quality hotels, restaurants and shops. It ben- efits from direct access to the

Blue, Orange and Silver lines at the Farragut West Metro Station at the southeast corner, as well as two levels of under- ground parking. Other notable customers at the complex in- clude the Federal Reserve, Blank Rome and Tishman Speyer’s regional headquarters. Tishman Speyer was repre- sented in-house. Legal Services Corporation was represented by Sherry Cushman and Greg Culver of Cushman & Wakefield . MAREJ

by The Square, DC’s most ex - tensive food market. Curated by Richie Brandenburg and Ruben Garcia, both alumni of Jose Andres’ Think Food Group, The Square features 15 different food stalls operated by the city’s finest chefs and a Spanish restaurant operated by Garcia. Tishman Speyer also created a new 7,000 s/f fitness center with locker rooms, towel ser- vice and an accompanying bike room, as well as an extensive

conference center with multiple meeting rooms. “Our recent renovations and amenity package at Interna- tional Square, including The Square, have been warmly embraced by companies like Legal Services Corporation that are seeking thoughtful, engaging and dynamic experi- ences for their teams,” said Dan Dooley, Tishman Speyer managing director, Regional Leasing and Asset Strategy for Washington DC. “We look

Russo & River Development's Kearny facility set for late 2023 delivery

A.Y. Strauss inks 10,728 s/f lease at Eastman Companies’ Office Building

The Eisenhower

LIVINGSTON, NJ — CBRE announced it has com- pleted a 10,728 s/f lease at Eastman Companies’ The Eisenhower (formerly known as The Eisenhower Corporate Campus), a 384,000 s/f, class A office building in Livings - ton. A.Y. Strauss , a boutique law firm specializing in com - mercial real estate trans- actions, construction, labor and employment, commercial litigation, franchise law, and bankruptcy and restructuring matters, has committed to a long-term lease. CBRE’s Jonathan Meisel, Dan Casey and Erin Wen- zler spearheaded the leasing campaign at the property on behalf of Eastman Com-

panies , working with Eric Maurer the director of leas- ing at Eastman. Eastman is a full-service real estate de- velopment, construction, and management company. “A.Y Strauss is expanding its New Jersey office footprint and needed quality office space that would best serve the needs of its clients and staff,” said Meisel. “The Eisenhower offered the firm state-of-the- art space as well as a number of on-site amenities including parking, food service and con- ferencing facilities.” Located at 290 West Mount Pleasant Ave., The Eisen - hower is Northern NJ’s most centrally located class A office facility. MAREJ

1100 Harrison Ave.

cated less than six miles from Newark Airport, nine miles from Port Newark, and just under 11 miles from Midtown Manhattan. 1100 Harrison Ave. is also situated between and along major interstate highways including the NJ Tpke., 80, 280, and 78. In addi- tion, there are over 4.8 million people in the workforce within a 15-mile radius of the develop- ment with 50 million consumers within a day’s drive. The single-story distribution center at 1100 Harrison Ave. delivers 251 parking spots, 41 loading docks, 64 trailer parking stalls and 38-foot clear height upon completion as well as office space built to

the tenants specifications. River Development sourced the property, a former manufac- turing facility, in an off-market deal. Working closely with the multi-generational business owners, River Development ad- vised and executed pre-closing environmental remediation across local, state, and federal agencies. In conjunction with Russo Development and in close collaboration with the Town- ship of Kearny, 1100 Harrison Avenue is now poised to be a valuable asset to serve the Northern New Jersey ware- house and industrial market. The development is located within Kearny’s Urban Enter - prise Zone [UEZ]. MAREJ

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