Firm to lease Class A, 213,257-square-foot office building located adjacent to I-78

JLL was selected by Griffin Capital Essential Asset REIT II, Inc. as exclusive leasing agent for 30 Independence Boulevard in Warren, N.J. The firm will provide a full range of marketing and leasing services for the Class A, 213,257-square-foot office building.

The JLL professionals overseeing the new leasing assignment include Timothy Greiner, executive managing director and head of agency leasing for JLL in New Jersey;and Dennis McConnell and Daniel Spero,executive vice presidents. They will work closely with Scott Tausk, Managing Director of Asset Management with Griffin Capital.

“This is a premium asset in one of the most sought-after interchanges (Exit 33) in Somerset County that offers abundant walkable amenities and a proven corporate address,” said McConnell. “Previously fully leased to Verizon, 30 Independence Boulevard is a Class A office building that has been maintained at a very high level of service by ownership. Griffin Capital has planned significant renovations to ensure its prominent status in the market going forward.”

The six-story 30 Independence Boulevard in Warren, N.J., was constructed in 1997. Griffin Capital acquired the office building in October 2013 from Beacon Capital Partners L.P. The five-story office building, located near the intersection of Martinsville Road and Independence Boulevard, offers immediate access to Interstate 78 and is close to other major freeways including I-287 and I-95.

Ownership has launched a multimillion capital improvement program designed by Studio1200 that includes a new prominent branded entrance, exterior landscaping, expanded parking, a new lobby, and grand staircase leading to a redeveloped amenity level with innovative food service provided by Fooda, a one hundred seat conference center with enhanced AV capabilities and a fitness center equipped with Peloton fitness equipment and a golf simulator. 

About Griffin Capital Essential Asset REIT II, Inc.

Griffin Capital Essential Asset REIT II, Inc., is a self-managed, publicly registered, Real Estate Investment Trust (REIT) that reports its Net Asset Value (NAV) daily. Its portfolio of net-lease assets consists of single-tenant, business essential properties throughout the United States, diversified by corporate credit, physical geography, product type, and lease duration. As of April 30, 2019, Griffin Capital Essential Asset REIT II owns 101 properties located in 25 states totaling 27.2 million in rentable square feet, representing a total REIT capitalization of $4.7 billion.

AboutJLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. Our vision is to reimagine the world of real estate, creating rewarding opportunities and amazing spaces where people can achieve their ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with operations in over 80 countries and a global workforce of 88,000 as of September 30, 2018. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.