Newmark Grubb Knight Frank (NGKF) is pleased to announce it has been retained by Vision Real Estate Partners as the exclusive leasing agent for 101, 103 and 105 Eisenhower Parkway in Roseland, New Jersey. NGKF Vice Chairman and Chief Operating Officer of the New Jersey office David Simson and Managing Director Jeff Kolodkin will manage leasing for the three-building complex, comprised of approximately 610,000 square feet and situated on 51 acres of land.
Vision Real Estate Partners is a full-service real estate investment, development and asset management company. The company focuses on the greater New Jersey/New York metropolitan area, leveraging its experience, relationships and hands-on approach to provide highly desirable real estate for tenants, sound financial investments for its partners, and performing, quality ratables for its host towns and municipalities. Vision Real Estate Partners acquired the properties in December of 2016, and listed NGKF to exclusively manage leasing soon after. Both 103 and 105 Eisenhower Parkway are LEED Certified and all three buildings on the modernized campus are four-stories of high quality office space. Current tenants include Brach Eichler LLC, Orloff Lowenbach Stifelman and Siegel P.A., Lum Drasco & Positan, LLC, Stern Lavinthal & Frankenberg, Marcum, Annin, Nagel Rice LLP, Regus and FTI Consulting.
Located near a four-way interchange at exit 4B off I-280, the properties are also highly accessible to and from routes 10, 24 and 46 and Interstates-SO and 287, as well as local Eisenhower Parkway, Passaic Avenue, JFK Parkway and Livingston Avenue. The office park is only 40 minutes outside of Manhattan and located an area known as New Jersey’s “Wealth Belt” with proximity to many upper income neighborhoods. “With modern amenities, proximity to numerous retail services and ample parking, this collaborative campus offers a work environment suitable for an array of tenants,” said Simson.
“We are pleased to offer new and existing tenants cutting-edge, Class A amenities with interior and exterior property upgrades and amenity packages across the campus, including an upgraded health spa, cafeteria and conference facilities,” said Samuel J. Morreale, founder and managing partner of Vision Real Estate Partners. “The range of long-standing tenants is encouraging, as is the confidence expressed by the recommitment of many of the current tenants as we begin working with NGKF to sign new leases with companies that see the value of the complex.”
About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank is one of the world’s leading commercial real estate advisory firms. Together with London-based partner Knight Frank and independently-owned offices, NGKF’s 14,100 professionals operate from more than 400 offices in established and emerging property markets on six continents.
With roots dating back to 1929, NGKF’s strong foundation makes it one of the most trusted names in commercial real estate. NGKF’s full-service platform comprises BGC’s real estate services segment, offering commercial real estate tenants, landlords, investors and developers a wide range of services including leasing; capital markets services, including investment sales, debt placement, appraisal, and valuation services; commercial mortgage brokerage services; as well as corporate advisory services, consulting, project and development management, and property and corporate facilities management services. For further information, visit www.ngkf.com.
NGKF is a part of BGC Partners, Inc., a leading global brokerage company servicing the financial and real estate markets. BGC’s common stock trades on the NASDAQ Global Select Market under the ticker symbol (NASDAQ: BGCP). BGC also has an outstanding bond issuance of Senior Notes due June 15, 2042, which trade on the New York Stock Exchange under the symbol (NYSE: BGCA). BGC Partners is led by Chairman and Chief Executive Officer Howard W. Lutnick. For more information, please visit http://www.bgcpartners.com/.