May 22, 2012, By Antoinette Martin
MORRISTOWN, NJ–First quarter leasing was energetic at Headquarters Plaza in downtown Morristown, with more than 75,000 square feet taken in the first quarter of 2012, according to Cushman & Wakefield of New Jersey, exclusive broker for the Morris County complex.
Nine companies signed, renewed or expanded leases at Headquarters Plaza in the past four months. The complex, an Olnick-Fisher joint venture, had recently undergone a multi-million dollar capital improvement program. A 41,000-square-foot fitness center, a massage and facial spa, and a wellness facility offering a variety of treatments and services were among additions made to the property..
The office building is located near the center of Morristown’s pedestrian-friendly downtown, near its train station and across from its historic green. Tenants include investment and accounting firms, law offices, staffing companies and other business: Graham Curtin, Jones Trading, Morristown Capital, Telemanagement (TM Forum), Walsh & Borresen, Insight Global, Global Knowledge, and Gilford Securities.
“Corporate users continue to be drawn to Headquarters Plaza’s comprehensive onsite amenities and services and vibrant downtown environment which are key attributes when recruiting and retaining employees today,” says Robert Donnelly, Jr., of Cushman & Wakefield, which is handling leasing for Fisher Development and the Olnick Organization, the original developers and joint-venture partners.
“In addition to the all-under-one roof approach at Headquarters Plaza, the complex benefits from an ideal location in the Morris County seat which is home to the County court system and government buildings and services. It’s also minutes from the many social and entertainment opportunities that have long made Morristown a popular destination for area residents and professionals,” Donnelly adds.
Over the past decade, a number of developers have concentrated on redeveloping the downtown area and brought an influx of upscale restaurants, shops, and luxury residences which in turn is drawing office tenants, he noted.
Headquarters Plaza offers more than 700,000 square feet of commercial, office and retail space and includes the 256-room Hyatt Morristown Hotel and Conference Center. Its onsite amenities include restaurants, a daycare center, a ten- screen Clearview cinema, Hertz rental car service and a parking garage with 3,500 covered spaces. Chapman Concierge, a full-time corporate concierge, caters to both business and personal requests for tenants and employees,
Available build-to-suit suites at Headquarters Plaza range from 2,000 to 49,500 square feet.
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