MORRISTOWN, N.J., Aug. 2, 2019 /PRNewswire-PRWeb/ -- Lincoln Equities Group (LEG) today announced five lease signings at 60 Columbia Rd., 100 Southgate Pkwy. and 1200 Mount Kemble Ave. in Morristown, N.J. The office complexes consist of four, three-story buildings totaling 412,000 square feet of space.
Companies signing leases include:
- Morgan Stanley: 37,000-square-foot renewal at 1200 Mount Kemble Ave.
- Tenant broker: Bob Ryan, JLL
- RegentAtlantic Capital LLC: 22,000 square feet at 60 Columbia Rd.; 10-year lease
- Tenant broker: Eric Ladden, Cornerstone
- National Exchange Carriers Association: 27,000 square feet (entire second floor) at 60 Columbia Rd.
- Tenant broker: James Fraser, DP Real Estate
- ANS Continuum Holdco, LLC: 10,200 square feet at 60 Columbia Rd.
- Tenant broker: Tom Reilly, JLL
- AHS Hospital Corp: 4,200 square feet at 100 Southgate Pkwy.
- Tenant broker: Bryn Cinque, Colliers
Morristown, the county seat for the business-friendly Morris County, remains one of the state's top commercial centers, recruiting reputable companies citywide. LEG's commercial success at each complex follows a multi-million-dollar capital improvement project and ongoing, dynamic marketing efforts.
"Our Morristown properties have become a prime destination for corporations and medical offices," says LEG President Joel Bergstein. "That's thanks in part to our wide-ranging improvements, which allow companies to offer more modern amenities that appeal to a younger workforce."
The extensive transformation at 60 Columbia Rd., a two-building, 156,000-square-foot site, includes a redesigned lobby entrance, upgrades to the HVAC system, a new roof, a patio area with furniture and enhanced landscape design. The upgraded lobby space is complemented with granite and new artwork. Additional amenities include a state-of-the-art fitness center and a full-service cafeteria with abundant indoor and outdoor seating.
After acquiring Building A vacant, LEG has brought the facility to 77 percent leased. Building B at 60 Columbia Rd. offers limited options to join anchor tenants Simon Premium Outlets, the McKesson Corporation and Assistance in Marketing (AIM).
Renovations at 100 Southgate Pkwy., a 151,400-square-foot building, include door and entry enhancements, a revamped exterior aesthetic and new landscaping lining the site. Tenants include Verizon Wireless and Porzio, Bromberg & Newman P.C.
1200 Mount Kemble Ave. features ample parking, an atrium lobby, outdoor patio and café.
"These properties offer companies the ability to conduct business in a suburban environment with easy access to Morristown's thriving downtown, highways and transit centers," says LEG's Senior Director of Leasing, Ken Flynn.
The properties are located just off Interstate 287 and Route 24 in Morristown, convenient to urban amenities and multiple train stations. Just minutes from downtown Morristown, the Green and historic attractions like the Morris Museum, the buildings serve as a central location for client meetings and recreational breaks.
They can be used for corporate offices as well as medical facility functions, with potential for both office and laboratory use. Currently, 100 Southgate offers 35,000 square feet of available space, while 60 Columbia Road offers 40,000 square feet. 1200 Mount Kemble features 28,000 square feet. All spaces are divisible.
About Lincoln Equities Group
Lincoln Equities Group LLC (LEG), established in 1980, is one of the Northeast's leading full‐service real estate companies. The company owns, operates, develops and manages commercial, industrial and residential properties throughout the tri‐state area and Europe, for its own account and for third‐party owners. http://www.lincolnequities.com.
SOURCE Lincoln Equities Group
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