Real Estate Weekly
June 13th , 2007
35,000 s/f in renewals, expansions at Green Brook
Grubb & Ellis Company announced they completed 35,000 s/f of renewals and expansions at Greenbrook Executive Center in Fairfield NJ during the first quarter 2007.
Peter Rasmusson and Craig Fitzpatrick of Grubb & Ellis Company represented Accordia Realty Ventures the owner in these transactions.
“Greenbrook Executive Center provides the quality and amenities that make our tenants want to remain here and grow here ,” stated Rasmusson.
AC Nielsen renewed its lease and expanded its operation for the second time, Crawford & Company also expanded its space.
In addition, Strategix Wealth Family Advisors, a newly formed ventured, leased 4,000 SF at this office building.
“The quality of this asset sets it apart from the rest of the market,” stated Joe Romano, principal of Accordia and developer of Greenbrook Executive Center.
Since aquiring the property, late last year, the ownership has invested over $1,000,000 in system upgrades that include the installation of a new energy efficient HVAC system.
“Our goal is to maintain Greenbrook as the premier, Class A office building in this Market,” added Jason Bogart of Accordia.
