MOUNTAIN LAKES, NJ–A medical lab diagnostics firm and an custom corporate interiors company have signed long-term leases totaling more than 36,000 square feet at Mountain Lakes Corporate Center II, part of the Mountain Lakes Corporate Center in Mountain Lakes.
The property is owned and operated by Vision Real Estate Partners.
“We welcome EUROIMMUN and Sloan & Company to Mountain Lakes Corporate Center,” says Sam Morreale, VREP's founder and managing partner. “As the commercial office market continues to rebound, we are experiencing increased leasing activity throughout our entire portfolio, and expect to have additional lease announcements soon.”
In the larger transaction, EUROIMMUN US–a subsidiary of EUROIMMUN, one of the world's leading manufacturers of medical laboratory diagnostics – has taken 25,345 square feet for the relocation of its corporate headquarters from Morris Plains, nearly quadrupling its space. VREP was represented by Jon Williams of Cushman & Wakefield of New Jersey. Jim Jones of Penford Group represented the tenant.
“Given EUROIMMUN's highly specialized improvements and Sloan's long-standing leadership in the construction industry, we are thrilled they both recognized the value of this location and entrusted our construction division to provide full-service delivery for their respective premises,” says Ross Chomik, managing partner, VREP.
Sloan & Company–a leader in custom corporate interiors, drywall, architectural woodworking and acoustical ceilings–has leased 11,000 square feet, relocating from West Caldwell. Williams of Cushman & Wakefield represented VREP, and Cushman & Wakefield's Curtis Foster represented the tenant.
Mountain Lakes Corporate Center includes Mountain Lakes Corporate Center I, a 51,700-square-foot office building, and Mountain Lakes Corporate Center II, a fully redeveloped 66,000-square-foot LEED Silver-certified office building. The 18-acre class A office campus is located within the Parsippany submarket, and surrounded by retail, dining and lodging options. The property also includes a five-acre “build-to-suit” opportunity of up to 65,000 square feet.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
