PARSIPPANY, NJ-Kline & Co., a consulting and research firm, has leased 12,000 square feet for its US headquarters at 35 Waterview Blvd. here. Curtis Foster of Cushman & Wakefield Inc. in East Rutherford, NJ brokered the long-term transaction on behalf of the tenant, which has relocated to the class A property from Little Falls, NJ.
Kline & Co. serves the management consulting and market research needs of organizations in the chemicals, materials, energy, life sciences and consumer products industries. According to Foster, the move to Parsippany represents a cultural shift for the 50-year-old firm. “Kline’s work environment always has been a private-office configuration, which is traditional for a consulting organization,” he tells GlobeSt.com. “The firm wanted to go to an alternative space that would feature clusters of workstations that enable staff to work communally on projects. The office at 35 Waterview will be 90% open landscaping, with natural lighting provided by three walls of glass.”
Among the more interesting outcomes, says Foster, is the increased efficiency the new layout affords. “We actually reduced the company’s square footage from 17,000 to 12,000. They will be housing more people in less space>”
Mack-Cali Realty Corp. owns 35 Waterview and Foster notes that this was a key draw for Kline & Co. Brian Decillis served as in-house representative for Mack-Cali in negotiating the lease. Joe Tarantola, Kline & Co.’s CEO, echoes Foster’s enthusiasm. “We are excited about the building,” he says. “The nature of our industry has changed to a more collaborative business, and our new offices will foster more sharing and better communication. The result will be highly positive for our staff and our clients.”
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