MOUNT LAUREL, NJ—AnnieMac Home Mortgagerecommitted to eight more years and significantly expanded itsheadquarters lease at 700 East Gate Drive here,broker Newmark Grubb Knight Franktells GlobeSt.com.
AnnieMac, which is a direct lender specializing in new homemortgages and refinancings, will occupy 51,000 square feet. It hadpreviously leased 30,000 square feet at the five-story,119,000-square-foot office building in the East GateCorporate Center owned by Brandywine.East Gate is the largest business park in southern New Jersey.
AnnieMac has grown rapidly, to establish over 50 branchlocations in the country, according to Frank D. Recine of NGKF, whorepresented AnnieMac in the deal. “AnnieMac's success necessitatedits need to expand operations at its headquarters," said Recine,who exclusively represents the lender nationally.
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