RUTHERFORD, NJ—ColliersInternational has arranged a long-term, 18,768 SFlease for Clermont Specialty Managers, a W. R.Berkley company, at the Meadows Office Complex at 301 Route 17North here.

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The commercial property casualty insurance provider willrelocate from its current New Jersey office in Hackensack.Clermont will occupy the space in late summer,pending build out of the custom-designed space on the 9th floor.The 600,000-square-foot commercial building is owned and managed byOnyx Equities.

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"The asset's recent capital improvements, including the additionof a new cafeteria, conference rooms, and fitness center, amongothers, were a major draw for our client," says HowardKaplowitz, a senior managing director with ColliersInternational, who along with executive managing director JohnCunningham represented the tenant in the transaction. “The Class-Aunit will also accommodate Clermont Specialty Managers' space needsas the company continues to expand.”

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Because it is located directly off the New Jersey Turnpike onRoute 17, The Meadows Office Complex is easily accessible by boththe company's employees and its customers and is easily accessibleto Manhattan, Cunningham says.

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Tim Greiner of NewmarkGrubb Knight Frank, represented the landlord in thetransaction.

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Colliers International is a global leader in commercial realestate services, with over 15,800 professionals operating out ofmore than 485 offices in 63 countries. A subsidiary of FirstServiceCorporation, Colliers International delivers a full range ofservices to real estate users, owners and investors worldwide,including global corporate solutions, brokerage, property and assetmanagement, hotel investment sales and consulting, valuation,consulting and appraisal services, mortgage banking and insightfulresearch. The latest annual Lipsey Company survey ranked ColliersInternational as the second-most recognized commercial real estatefirm in the world.

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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].