JLL completes office leases for makeup manufacturer and financial advisor in Montvale


JLL entered into two new leases for a total of 12,519 square feet of office space for The S. Hekemian Group, owner of offices in North Market (200 Market Street), part of the North Market district in Montvale.

The North Market offices, a brand new build completed in 2021, have been leased in record time, with only 7,799 square feet remaining available and an additional lease pending that would bring the availability down to 5,050 square feet.

Frank Recine, Executive Managing Director of JLL, represented The S. Hekemian Group in both transactions. Garret Rioux, with Corporate Real Estate Services, represented Taiki USA and Christopher DeLorenzo with JLL represented Janney Montgomery Scott.

TaikiUSA, a global skin care and makeup brand, signed a long-term lease for 6,699 square feet of third-floor space, and financial advisor Janney Montgomery Scott signed a long-term lease for 5,820 square feet on the second floor.

The four-story, 52,025 square foot Workplace North Market is the flagship office building of the North Market district and includes 41,025 square feet of second to fourth floor office space and 11,000 square feet of retail space on the ground floor. -of the road. The building features contemporary architecture and loft ceiling heights with corrugated metal, floor-to-ceiling windows, exposed ceilings and a common plaza with landscaped and landscaped features.

North Market is a versatile destination that offers a vibrant lifestyle at the center of the region’s most powerful demographics. The six-building mixed-use neighborhood is centrally located in Montvale, near an array of retail businesses directly adjacent to the Garden State Parkway.

“Workplace North Market is the perfect solution for tenants looking for a superior Class A space with top of the line amenities in a very convenient location,” Recine said. “North Market’s contemporary design provides the perfect environment to engage and energize employees. “

“With an additional lease pending, Workforce North Market will be leased at a fantastic 88%. Being in this position coming out of COVID is a testament to the hard work done by the JLL team, the uniqueness of the building offering and the energy of the expanding neighborhood that is literally rising from the ground day after day, ”said Peter Hekemian with the S. Hekemian group. “We are very pleased to have a number of important and large-scale leases pending, which will be announced soon. Momentum now feeds on itself exponentially.


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