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Eastman Signs Six for Office Space

LIVINGSTON, NJ-JLL, CBRE, FirstService Williams and Sperry Van Ness were involved as brokers in the transactions totaling 35,000-plus square feet.

By Alyson Grala | Updated on May 15, 2009

LIVINGSTON, NJ-Eastman Cos. signed six leases totaling more than 35,000 square feet in the two-building, 160,000-square-foot, class A Eisenhower Plaza. The transactions involved two new tenants and four existing tenants who renewed their leases and expanded and, in some cases, relocated their existing facilities. Eastman is the owner and on-site manager of the facility.

According to Eric J. Maurer, Eastman Cos.’ director of leasing, these transactions represent an unqualified vote of confidence in the property. He tells GlobeSt.com, “It is our feeling that the leasing activity in this exceptional office facility goes beyond our own backyard and bodes well for the northern New Jersey commercial office market in the months ahead.”

The lease renewals and space expansions at 354 Eisenhower Pkwy. involved the law firm of Stein McGuire Pantages & Gigi LLP, a company that has been a tenant in the building since 1985; and Becker Meisel LLC, another long-time Eisenhower Plaza tenant. Stein McGuire Pantages & Gigi expanded its office facilities to 12,500 square feet, while Becker Meisel signed a long-term 10,000-square-foot renewal/relocation lease within the facility. Marc Trevisan of Cushman & Wakefield and Sean Morley of CB Richard Ellis represented Stein McGuire Pantages & Gigi, while J.C. Giordano of Jones Lang LaSalle’s Parsippany office represented Becker Meisel LLC. Principals of both companies cited Eisenhower Plaza’s exceptional office environment and its strategic location as principal reasons for the decision to expand within the existing facility.

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