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Boutique Office Building Will Rise in Summit

SUMMIT, NJ-A 35,000-square-foot commercial building with ground-floor retail space is being developed on Springfield Avenue, two blocks from the train station.

By Antoinette Martin | Updated on October 28, 2013

SUMMIT, NJ-The partners who redeveloped the Summit Medical Center into a first-class office building that was quickly leased to top-grade tenants are preparing to build a boutique office building on a site five blocks away in downtown Summit, GlobeSt.com has exclusively learned.

MRY Associates, founded by real estate industry veteran Mark Yeager, and Normandy Real Estate Partners, the private equity firm, recently acquired a quarter-acre site at 466 Springfield Avenue, only two blocks from the Summit train station.

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