NEW JERSEY—Insurance brokerage firm Hub International has signed a long-term, 21,431-sq.-ft. lease occupying the entire second floor at 180 River Road in the Summit Corporate Center, a 43,120-sq.-ft., Class A office building in Summit, N.J.
Newmark Grubb Knight Frank Executive Managing Director Henry S. Kobrin and Principal Frank Recine represented Hub International in the transaction. Building ownership, The Silverman Group, was represented by CBRE.
The lease brings 180 River Road to 82 percent occupancy.
Originally built in 2001, the building underwent renovations when purchased by The Silverman Group in 2011. Updates included common area upgrades, new mechanical systems and landscaping improvements.
The Summit Corporate Center includes covered parking and provides easy access to Interstate 78, the Garden State Parkway and Route 24.
