O wners , D evelopers & M anagers
M id A tlantic Real Estate Journal — Section C
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Demolition begins to make way for built-to-suit workplace within downtown Morristown SJP Properties and Scotto Properties announce new headquarters for Valley National Bank
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anchor tenant of M Station in early 2020. Designed to achieve LEED certification and create an ur - ban environment that appeals to today’s discerning workforce, Valley’s headquarters is a modern interpretation of the masonry tradition of historic Morristown, featuring a care- ful balance of glass, metal and warm brick tones that embraces the character of the neighborhood. Valley intends to relocate its operations from Wayne to its new headquarters in Morristown, which offers 120,000 s/f of office space and hallmarks that include floor-to- ceiling windows, abundant nat- ural light, and skyline views.
Operable glass walls open to three outdoor terraces, creating an indoor-outdoor environment that makes Morristown’s pasto- ral landscape part of the work- place. The ground floor features a dramatic lobby entrance with soaring ceilings, along with 14,500 s/f of available retail space, a portion of which is planned to house a new Valley retail banking branch. New- mark vice chairman David Simson represented Valley in its new headquarters lease. Following the demolition and completion of site work on the property, groundbreaking will occur in the spring of 2022 with completion estimated for March 2023. MAREJ
ORRISTOWN, NJ — SJP Properties , in partnership with
Gensler ©
Fishtown lands a big catch at Northbank HI-LIGHTS May 20 - June 16, 2022 Scotto Properties announced that demolition is underway at the future site of the new head- quarters for Valley National Bank. Upon completion Valley’s new base of operations is ex- pected to bring more than 660 professionals to Morristown’s thriving downtown district. Envisioned by SJP Proper- ties in close collaboration with renowned global architecture firm Gensler , Valley’s new headquarters will replace a
Speedwell Avenue rendering
string of vacant structures located on five lots along Speed - well Ave. As the only developer executing new modern built- to-suit office projects on behalf of owners and tenants in New
Jersey, this new building rep- resents the second corporate headquarters that SJP Proper- ties has brought to Morristown in the last two years, following the signing of Deloitte as the
Kimmerle Group completes office reno. and expansion at Onyx Equities’ 650 From Road
HARDING TOWNSHIP, NJ — Kimmerle Group has completed a full-building renovation and expansion at Onyx Equities’ 650 From Road in Paramus, NJ. Onyx Equities, a leading real es- tate investment and property services firm specializing in commercial properties, acquired the 350,000 s/f, five- story building from Mack- Cali in 2019. Kimmerle Group was re- tained by Onyx Equities to carry out capital improve- ments throughout the build- ing’s office and amenity spac - es. The design firm provided site design, conceptual and architectural design, interior design, and product purchas- ing and procurement services for all interior and exterior areas. The firm’s full-service engagement also included conceptual studies for brand- ing, signage, and messaging elements in 650 From Road’s common areas. The renovation was com- pleted in 2021, and 650 From Road now features a redesigned and upgraded suite of tenant amenities, such as a brand-new café with indoor/outdoor dining areas, recreation center with
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Onyx Equities’ 650 From Road in Paramus, NJ
MULTIFAMILY DEVELOPMENT SPOTLIGHTS
a putting green, pool table, lounge seating and arcade games. Tenants also have access to a high-end confer- ence center and lounge with accent lighting and custom perforated metal celling details. The upgrades have an urban ambiance in an otherwise suburban location. Said Paul Newman , a vice president and partner at Kim- merle Group, “The successful repositioning of Onyx Equi- ties’ 650 From Road points towards our firm’s deep un - derstanding of the New Jersey office market and its transi - tions, and our ability to deliver a complex multi-phase, multi- disciplinary assignment, even during the pandemic. Onyx
Equities had a clear vision for the reimagining of its New Jersey office assets for a new era, and Kimmerle Group was proud to help bring that vision to reality.” A reimagined central atri- um lobby with a custom- designed chandelier features a five-story live green wall and customizable RBG light- ing feature wall that can accommodate tenant and owner branding. This newly designed lighting at the fea- ture walls and in the atrium is highlighted throughout the day and evening hours and is a landmark visible from the garden state parkway. With the primary design intent of “bringing the outside in,” the
five-story green wall lines a new corridor leading to the conference center and lounge. The adjacent lobby is finished in warm wood tones and con- crete and porcelain LVT floor - ing, as well as contemporary furniture in a similar color palette and tones. A completely redefined and relandscaped lakeside com- mon activity area includes outdoor seating under a new canopy, pergola shelters with Wi-Fi and power access, ac- tive fitness/walking paths and recreation stations, new site lighting and pavers through- out the landscaping, as well as outdoor workstations and collaboration areas for tenant use. MAREJ
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JANITORIAL/FACILITY MANAGEMENT
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Withum......................... 2C Shannon Christie, PECO ..3C Michael Mullin, IBSRE ...4C Paul Norris, Stark & Stark, PC ......... 14C
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