WASHINGTON, DC — Savills Studley announced the addition of Johanna Rodriguez as a senior managing director, Occupant Experience. Based in the firm’s Washington office, she will be responsible for supporting the Northeastern and Southeastern expansion of the Workplace Strategy and Occupant Experience platform.
The Occupant Experience group leverages research and analytical tools to instill wellness, comfort, connectivity and innovation in the work environment. The team’s subj
BAYONNE, NJ — Greg Sholom and David Cantor leased +/- 190,000 at 45 E. Linden Ave.in Bayonne to Home Essentials and Beyond. Team Resources represented the landlord and Tom Gallagher of Savills Studley represented the tenant in this transaction. “This was an expansion move for Home Essentials, and we were able to dovetail their occupancy with the prior tenants move out, so the space was not empty at all,” said Sholom.
Cantor and Sholom, along with Shawn Roth handled a 25,200
Key Data from Savills Studley's Q2 2018 – DC Region
• Overall availability holding fairly flat from Q1, now at 16.2%, and still up a staggering 3.7pp from two years ago due to new deliveries hitting the market.
• Over 2.0 msf has delivered so far this year, with an additional 5.0 msf set to deliver by the end of 2019.
• 90.0% of quarterly leasing activity came from the private sector with several large tenants executing expansions this quarter including Th
Ashburn, VA — Savills Studley, a leading commercial real estate firm specializing in tenant representation, announced that the company’s Critical Facilities Group secured 1MW of data center capacity for ANEXIO, a Raleigh, NC-based company that provides large-scale Infrastructure-as-a-Service solutions from desktops to data centers. Savills Studley worked with ANEXIO to acquire and restructure an existing agreement for data center capacity from RagingWire Data Centers in the c
ALEXANDRIA, VA — Savills Studley, the global commercial real estate firm announced that its long-time client, the Institute for Defense Analyses (IDA), recently acquired a 370,000 s/f site for future development located at 701 East Glebe Rd. in Alexandria. The site is one block from the future Potomac Yard Metro Station.
“IDA is very excited to have acquired land in the up-and-coming mixed-use Potomac Yard area,” said IDA’s treasurer and director of finance Dean Graves. “The
Philadelphia, PA — Liberty Property Trust, which owns and manages more than 12 million s/f of office, flex and industrial space in the Greater Philadelphia region, announced it has pre-leased 26,000 s/f of office space at 1200 Intrepid Ave. to Penn Capital Management Company, Inc. (PENN CAPITAL). This summer the existing Liberty tenant will relocate from Three Crescent Dr. in The Navy Yard to its new, larger space, which overlooks a sustainable five-acre park, Central Green.
WASHINGTON, DC — Global insurance solutions provider Clements Worldwide has relocated its Washington, DC office to 1301 K St. NW, in a move that directly reflects its rapid growth internally and further positions the company as a leader in the industry. Savills Studley, one of the leading commercial real estate services firm specializing in tenant representation, completed the transaction of the 21,000 s/f lease on behalf of Clements Worldwide. Clements Worldwide’s continued
Fort Washington, PA — Savills Studley represented financial sector tenant TruMark Financial Credit Union in relocating its corporate headquarters to 335 Commerce Dr.
TruMark Financial plans to move into its new 74,009 s/f space in the spring of 2016. The company currently occupies 48,000 s/f of space in Trevose, where it has been located for more than 24 years.
“The move provides TruMark Financial’s members a more centralized location, which the company intends to utilize
Parsippany, NJ — In a major Northern New Jersey office move, Securitas Security Services USA, Inc. has executed an 82,092 s/f office lease to relocate its North American Headquarters to 9 Campus Dr. in Parsippany. The new office space will keep Securitas’ Eastern Operations Center in Morris County, and will house 225 employees on three full floors and a portion of the ground level at the four-story, 156,495 s/f class A office property. The company, which has been located in P
Short Hills, NJ — Mack-Cali Realty Corporation announced that Willis of New Jersey, Inc. has signed a new 10-year, six-month lease for 25,113 s/f at 150 John F. Kennedy Parkway in Short Hills. The tenant was represented in the transaction by Laura Finamore of Cushman & Wakefield and Jack Feeney of Savills Studley. Mack-Cali was represented in-house by Diane Chayes, senior vice president of leasing. Mitchell E. Hersh, president and chief executive officer of Mack-Cali, comment
PARSIPANNY, NJ —Mack-Cali Realty Corporation announced that Securitas Security Services USA, Inc., a knowledge leader in security, has signed a new 15-year, 81,282 s/f lease at 9 Campus Dr. in the Mack-Cali Business Campus in Parsippany. Located in the heart of Morris County, 9 Campus Dr.—a four-story, 156,495 s/f office building—is 89.2% leased. The class A property features renovated lobby and common areas, numerous on-site amenities, and meticulously maintained grounds fea
RAMSEY, NJ — NAI Hanson, a leading New Jersey-based commercial real estate firm, announced that it has facilitated the lease of 44,560 s/f at 565 Crescent Ave. in Ramsey. Senior vice president Kenneth Lundberg, SIOR and NAI Hanson sales associate Patrick Lennon marketed the space and managed the transaction on behalf of the industrial property’s owner, West Essex Industrial Park LLC, and managed by the David Cronheim Company. Glebar was represented by Craig Engelhardt of Sav