Newmark Knight Frank (NFK) is pleased to announce the signing of three new office leases at Grande Commons at 440 Route 22 East in Bridgewater, NJ on behalf of the property’s ownership, American Equity Partners. Senior Managing Director Jamie Drummond and Associate Directors Andrew Perrotti and Daniel Reider represented ownership in procuring the tenants.
The tenants include Nistica, represented by Cushman & Wakefield, Renesas Electronics America, Inc., represented by JLL, and Ajante Pharma. Nistica signed a long-term lease for 35,000 square feet, Renesas signed a long-term lease extension totaling 21,500 square feet and Ajanta signed an 8,300-square-foot lease expansion and extension.
A 200,000-square-foot, three-story Class A office building, Grande Commons is in the process of a multi-million-dollar renovation scheduled for completion this fall. Upgrades include a modern atrium/lobby and refurbished common areas including a new café and fitness center. The building can accommodate users from 10,000 to over 100,000 square feet of contiguous space. To learn more about Grande Commons, visit: www.grandecommons.com.
“Ownership has been diligent in delivering premier office space that today’s tenants demand,” commented Drummond. “Their vision to renovate Grande Commons has attracted new tenants and enticed existing tenants to extend and expand within the building.”
About Newmark Knight Frank
Newmark Knight Frank, operated by Newmark Group, Inc. (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 16,000 professionals operate from approximately 430 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. Newmark is a publicly traded subsidiary of BGC Partners, Inc. (NASDAQ: BGCP), a leading global brokerage company servicing the financial and real estate markets.
