Saddle Brook, NJ

CBRE Arranges Four New Office Leases in North Jersey on Behalf of Eastman Companies

14 Feb 2022

23 Vreeland Road

CBRE announced today it has arranged four new lease transactions at 23 Vreeland Road in Florham Park, New Jersey. Insurance company Acrisure LLC will occupy 8,717 sq. ft.; law firm Hedinger & Lawless leased 5,248 sq. ft.; architecture firm Appel Design Group committed to 3,591 sq. ft.; and law firm DeTorres & DeGeorge occupies 1,402 sq. ft.

Eastman Companies’ Director of Leasing, Eric Maurer, in partnership with CBRE’s Jonathan Meisel, Daniel Casey and Erin Wenzler, represented Eastman Companies in the negotiations.

“With these four new transactions, our team has now completed thirteen leases within the Eastman Companies’ portfolio since the start of the pandemic,” said Mr. Meisel. “Despite the ongoing challenges, ownership continues to reinvest in their properties and work closely with tenants to meet their unique real estate requirements.”

23 Vreeland Road is a 69,000 sq. ft., two-story office building strategically located just off Columbia Turnpike, not far from downtown Florham Park and the Route 10 retail corridor. The property was extensively modernized in late 2019 and became dubbed “the coolest little building.” Capital improvements included a new tenant lounge, café, conference center, remodeled lobby, electric car chargers free to users and a second-floor common area. 23 Vreeland Road is almost fully leased and has prebuilt suites available for immediate occupancy.

Trevor Patterson of Newmark represented Acrisure, LLC, Peter Shikar of CBRE represented Hedinger & Lawless, and Michael Marchese of Chilmark Real Estate represented DeTorres & DeGeorge.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2021 revenue). The company has more than 105,000 employees (excluding Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.