CHATHAM, NJ—DTZ says its senior executives Raymond P. Trevisan, William O'Keefe and Kelsey Nakamura have negotiated twenty transactions totaling 400,000 square feet since the start of 2015. The transactions reflect the continued trend of flight to quality and the growing confidence in the New Jersey economy.
The team served as tenant representatives for eight transactions totaling 97,330 square feet. Clients included Sherman Wells Sylvester & Stamelman law firm at 210 Park Place in Florham Park; Eliassen Group at 400 Atrium Drive in Somerset and Natrel Communications, which expanded office space at 119 Cherry Hill Road in Parsippany.
The team also represented owners in twelve transactions totaling 301,788 square feet. Tenants involved in these deals included the high profile GlaxoSmithKline lease for 144,536 square feet at Center 78 in Warren, Emerson Radio and CMSC at Riverview Office Center in Hackensack, H2M Architects + Engineers and a renewal and expansion for Bayada Home Health Care at 99 Cherry Hill Road in Parsippany.
“We are seeing a growing confidence in the New Jersey office market as favorable economic conditions drive tenant and owner activity,” said Trevisan, managing principal of DTZ.
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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].
