Two Firms Find Expansion Space at Class A Trophy Office Complex
FLORHAM PARK, N.J. (Nov. 9, 2011) – Bergman Real Estate Group, a privately owned real estate investment firm that owns and manages office properties throughout New Jersey, announced today that it has signed two expansion deals at Florham Park Corporate Center, its 226,000-square-foot Class A office complex located just off Columbia Turnpike near the Eisenhower Parkway. The site consists of twin, three-story 113,000-square-foot atrium office buildings.
In the first transaction, Managed Health Care Associates, Inc., a leading health care service company focused on alternate site providers, signed a long-term deal totaling 39,060 square feet, which includes 17,550 square feet of expansion space. The company currently leases 21,510 square feet in Building B. In order to accommodate the company’s expansion needs, the tenant will relocate to Building A and lease the entire second floor.
Eric Ladden of Cornerstone Real Estate Group, LLC represented Managed Health Care in the transaction.
Veritext Corp., which provides technology-driven deposition and litigation support services to law firms and corporations around the globe, signed a 16,560-square-foot expansion lease. The firm has effectively doubled its space, expanding to approximately 33,000 square feet within the Florham Park Corporate Center. Veritext needed immediate expansion space and Bergman was able to accommodate the company’s expedited timeframe.
CBRE’s Senior Vice Presidents Greg Barkan and Rémy P. deVarenne, Jr. represented Veritext in the transaction.
“We are pleased that we were able to work with Managed Health and Veritext to meet their expansion needs,” said John G. Osborne, executive director of leasing and marketing for Bergman Real Estate Group. “Both tenants realize the value of being in the Class A environment afforded by Florham Park Corporate Center.”
Amenities at the property include on-site management, a 24/7 central monitoring station, gas-fired back-up generator, various telecommunications options including T1, Fiber, DSL and Cable and a newly renovated full-service café. Both buildings’ common areas have been completely renovated.
Situated on 14 acres of fully landscaped grounds, the buildings are easy accessible to Routes 24 and 10, as well as I-287, I-280, and I-78. Florham Park Corporate Center is also located only three miles from Morristown Airport, 20 miles from Newark International Airport and 30 miles from midtown Manhattan. Its close proximity to the Livingston Mall, the Mall at Short Hills, Lifestyle Fitness Center, and the Short Hills Hilton provides a wealth of retail and hospitality options.
Currently, Bergman has availabilities from 2,000 square feet up to 21,000 square feet in the complex. To learn more about leasing opportunities at Florham Park Corporate Center or other Bergman Real Estate Group properties, contact John G. Osborne or Kelly Ziegenfuss at 732-855-8600 or visit www.bergmanrealty.com.
About Bergman Real Estate Group
Bergman Real Estate Group is a privately owned real estate investment and management firm that specializes in the acquisition, management, leasing and construction of commercial office properties throughout New Jersey. Since its formation in 1988, Bergman Real Estate Group has earned a solid reputation as a leader in the New Jersey commercial office market with a current portfolio consisting of 16 office buildings comprising 1,890,000 square feet, including two New Jersey properties where Bergman provides third party leasing services on behalf of a pension fund advisor. Bergman also owns two additional office buildings in Columbus, Ohio totaling 240,000 square feet. The company continues to actively pursue value-added investment opportunities in the marketplace.