The Birch Group, which acquired a portfolio of four Short Hills buildings last April for $255 million, revealed the group in Short Hills, which includes high-end offices at 51, 101, 103 and 150 JFK Parkway, with a total area of 828,422 square feet. .
According to the Birch Group, the latest offering features a unique office experience in a prominent location, a comprehensive updated amenities package, luxurious design and best-in-class asset management.
JLL Team from Tim Greiner, CEO; Frank Rissen, CEO; Brendan McBride, Senior Vice President; and Mike Pietrowicz, Associate Vice President, have been selected as the property’s exclusive rental agents.
“As one of the country’s richest branch office submarkets, Short Hills is well known for its well-established position and we are confident that the group at Short Hills will not only continue to meet, but will also exceed the growing expectations of Birch Group founder and president Marc Messner: regional tenants.
The pool at Short Hills currently has several configurations available, with the ability to accommodate single renter users looking for headquarters quality space. In particular, 103 JFK Parkway presents a unique opportunity to potential tenants and is a prime example of customized offerings for real estate. The property boasts 123,000 square feet of prime office space with a list of options for potential tenants to choose from, including the possibility of a new foyer, outdoor rooftop deck, and entry pergola.
“We see 103 JFK Parkway as one of the best opportunities in the market for companies looking for a trophy-quality HQ location,” Greiner said. “As the world gets back on its feet, and as companies look to get back to their offices, there is a demand for an upscale, well-appointed and fully equipped space that creates a compelling environment for both customers and employees.”
In addition to $15.2 million in recently completed renovations across properties on the previous ownership, the Birch Group will invest more than $10 million in updated lobbies, cafes, public areas and restrooms. The company also plans to include additional walking paths to increase connectivity and walk to the mall in Short Hills.
The Collection at Short Hills is home to an impressive list of tenants, maintaining the area’s reputation for attracting and retaining interest from high-profile Fortune 500 companies and leaders across industries that include medicine, finance, education, and technology. Current tenants include Citibank, Investors Bank, KPMG, Bank of America, UBS, Morgan Stanley and Wells Fargo.
The properties are located just off the corridor of Route 24, providing excellent visibility and regional connectivity to the Garden State Parkway, Interstate 78 and the New Jersey Turnpike, with immediate access to a highly skilled executive labor base in Short Hills, along with the affluent fellow residential communities of Melbourne, Summit , Livingston, Chatham and Florham Park.
