Advance Realty Group’s Park Place Recognized with NJBIA New Good Neighbor Award
Advance Realty Group, a leading owner/developer of Class A office properties in the Northeast US, was recently honored by the New Jersey Business & Industry Association (NJBIA) with a New Good Neighbor award for its four-building Park Place office campus in Florham Park, New Jersey. The New Good Neighbor awards annually recognize the best and most exciting commercial development projects in the State of New Jersey.
“This prestigious New Good Neighbor award from NJBIA is a tremendous accolade for Advance,” commented Robert R. Martie, senior vice president and regional managing director, Advance Realty Group. “I would like to congratulate the entire team at Advance for helping make Park Place another signature World-Class Business Environment. At Advance, our tenant-centric focus is transforming assets into world-class business environments in Class A locations and providing exceptional, nationally-ranked tenant services, which are backed by the industry’s only Tenants’ Bill of Rights©.”
In addition to recognizing the best and most exciting commercial development projects in the State of New Jersey, the New Good Neighbor award acknowledges companies that have built, expanded or renovated buildings and development projects, thus improving the landscape as well as the New Jersey economy. In addition to the facility itself, NJBIA recognizes the architects and the builders who were instrumental in bringing the project to fruition.
During 2003 to 2005, Advance Realty Group renovated, repositioned and successfully leased Park Place, the former ExxonMobil headquarters, into an impressive, Class A office campus that exceeds today’s requirements for modern-generation office space and included a full, on-site amenity package. As a result of this vision, Advance attracted prestigious companies to Park Place such as Altana Pharma, a multi-national pharmaceutical company, Greenberg Traurig, one of America’s largest law firms, as well as Lehman Brothers. Today, Park Place exemplifies the best that the Northern New Jersey office marketplace has to offer as a destination for corporate business.
Located on Park Avenue near the convergence of Interstate 287 and Route 24, Park Place provides convenient access to Interstates 80, 280 and 78. Park Place consists of four, three-story Class A office buildings totaling 352,000 square feet. Local amenities offered to tenants include Summerfield Suites Hotel, The Madison Hotel, The Hamilton Conference Center and the prestigious Park Avenue Club, as well as 24/7 access and direct shuttle service to Morristown and Convent Station train stations. In addition, Park Place is situated directly across from the Morristown Airport and only 15 miles from Newark Liberty International Airport.
About Advance Realty Group
Advance Realty Group is an owner and developer of office, flex, industrial, retail and multifamily properties. With 5.5 million square feet of operating properties and a development portfolio consisting of eight million square feet of commercial projects and 9,400 residential units, Advance is one of the leading real estate owners in the Northeast and is headquartered in Bedminster, New Jersey.
For more information, contact Advance Realty Group at (908) 719-3000 or visit www.advancerealtygroup.com.