Newmark Knight Frank (NKF) announces that the firm is now the exclusive leasing agent for 1 Giralda Farms, a trophy office building in Madison, NJ. NKF’s Vice Chairman David Simson, Executive Managing Director Jeff Schotz and Director Harrison Russell will represent the landlord, Onyx Equities and its partners Taconic Capital Advisors LP, Axonic Capital LLC and Machine Investment Group, in the leasing of the asset.
1 Giralda Farms stands four stories tall, spanning 154,417 square feet of Class A office space. Notable tenants at the property include BNY Mellon, Mariner Wealth Advisors and Windels Marx Lane & Mittendorf. NKF is looking to lease the available 115,000 square feet of office space located on floors 2 through 4 which recently came available.
“1 Giralda offers an exceptional opportunity for the sophisticated tenant seeking competitive advantages for retention and growth of their employee base,” said Simson of NKF. “It is the premier location throughout Morris County and offers firms an updated and secure location in which to thrive.”
Giralda Farms is considered an iconic office park in New Jersey as it’s situated along the Route 24 corridor and provides an elegantly landscaped environment for well-known corporate neighbors. The property sits on a 375-acre corporate campus that was once part of the Geraldine Rockefeller Dodge Estate. The trophy office property is set amongst ponds, wooded areas and open space with tenant amenities that include 522 covered parking spaces, a full-service cafeteria, a fitness center, a conference center with auditorium-style seating and outdoor seating areas. The Giralda Farms campus also features hiking trails in a park-like setting, providing tenants majestic views, as well as a productive and secure workplace with shuttle transportation for tenants to nearby the Madison, NJ Transit train station.
“1 Giralda Farms offers an exceptional workplace for companies in the area seeking Class A space,” said Stephen Sullivan, chief investment officer at Onyx. “We look forward to implementing our typical value-add capital improvement business plan to upgrade assets that we already feel are some of the best in Morris County.”
About Newmark Knight Frank
Newmark Knight Frank (“NKF”), operated by Newmark Group, Inc. (“Newmark Group”) (NASDAQ: NMRK), is one of the world’s leading and most trusted commercial real estate advisory firms, offering a complete suite of services and products for both owners and occupiers. Together with London-based partner Knight Frank and independently-owned offices, NKF’s 18,800 professionals operate from approximately 500 offices on six continents. NKF’s investor/owner services and products include investment sales, agency leasing, property management, valuation and advisory, diligence, underwriting, government-sponsored enterprise lending, loan servicing, debt and structured finance and loan sales. Occupier services and products include tenant representation, real estate management technology systems, workplace and occupancy strategy, global corporate services consulting, project management, lease administration and facilities management. For further information, visit www.ngkf.com.
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