NEW JERSEY—Lakeland Bank has relocated its operations and training departments to 5716 Berkshire Valley Road in Jefferson.
“The opportunity to relocate our staff to a facility near our headquarters was a win for our colleagues and the bank as well as the Jefferson community,” said Thomas J. Shara, president and CEO of Lakeland Bank.
Lakeland Bank purchased rights under the A&P lease to occupy the space at 5716 Berkshire Valley Road, which had been vacant for approximately 10 years. The space underwent renovations and bank personnel were relocated to occupy 27,000 sq. ft. of the space. Approximately 7,500 sq. ft. remain, for which the bank is looking to sub-lease.
Renovations included installing environmentally friendly day lighting, which can cut lighting energy use by up to 75 to 80 percent, according to the U.S. Department of Energy’s Federal Energy Management Program.
Lakeland Bancorp, the holding company for Lakeland Bank, has an asset base of approximately $2.9 billion and 47 offices throughout northern New Jersey.