NEW JERSEY—Greenbrook Executive Center, a Class A property in the Fairfield/Wayne region, recently signed several new leases and expansions bringing occupancy to approximately 90 percent. In all, Fairfield-based Accordia completed seven lease agreements to its 203,000-sq.-ft. building located at 100 Passaic Ave.
Agreements include:
• A 12,100-sq.-ft. lease for The Chadler Group Inc., an insurer that relocated to Greenbrook Executive Center from a smaller space at another Fairfield location. Newmark Grubb Knight Frank negotiated the lease for The Chadler Group.
• A 12,000-sq.-ft. lease for Woodmont Properties, which will serve as its new headquarters. The company relocated its executive offices from Chatham. Associated Realty negotiated on the tenant’s behalf.
• A 6,800-sq.-ft. lease renewal and expansion for Strategic Family Wealth Counselors L.L.C., a financial services firm that has been in the building for five years. The Schultz Organization represented the tenant.
• A 6,200-sq.-ft. lease for Synergy Professional Associates, an insurer. Realty Executives International negotiated the lease for Synergy Professional Associates.
• A 4,700-sq.-ft. lease for Quadrant Capital Management L.L.C., a financial services firm, which relocated from Montclair. Colliers International represented Quadrant Capital in its lease negotiation.
• A 3,000-sq.-ft. expansion for Bleakley, Schwartz, Cooney & Finney L.L.C., bringing the firm’s total space to 25,000 sq. ft. Cushman & Wakefield represented the company, which has been a tenant in the property for the past 15 years.
• Space for Rickland Orchards L.L.C., a new venture by entrepreneur Jason Cohen. Rickland Orchards will manufacture and sell a line of healthy Greek yogurt food products.
Built in 1990, Greenbrook Executive Center offers access to Essex County Airport, Greenbrook Country Club and nearby restaurants and shopping. Among the onsite amenities is a full-service, 3,000-sq.-ft. cafeteria with seating for 50.
In 2011, Greenbrook Executive Center earned the Building Owners and Managers Association’s award for The Outstanding Building of the Year (TOBY) after a $2 million investment in the center, which included replacement of the HVAC system with a high-efficiency model. Other work included upgrades to common areas and the three-story atrium lobby.