PARSIPPANY, NJ— Groupe SEB USA, the US division of the French firm that makes a number of well-known small household brands, is leasing 31,164 square feet at 5 Wood Hollow Drive, owned by Mack-Cali, in Parsippany, NJ.
Savills Studley's senior managing director Christopher B. Marx, assistant director Christopher Hanenberg and associate Michael Nieliwodski represented the tenant in the long term transaction. Brian DeCillis represented Mack-Cali in-house.
Groupe SEB USA, which is known for small household equipment brands such as All-Clad, Krups, Rowenta, T-fal and WearEver, plans to relocate its North American headquarters from 1 Boland Drive in West Orange to a portion of the 2nd floor at the class A, 317,040 square foot office building in the fourth quarter of 2015.
“It was imperative to Groupe SEB that we find them class A space that would allow the company the flexibility to continue to grow and expand its brand portfolio,” says Hanenberg. “By working closely with Mack-Cali, we were able to unlock some unique amenities for Groupe SEB and secure a long-term commitment.”
“Groupe SEB USA is expanding and the new space will be designed for collaboration and optimum workplace flow for the business' growing headcount,” says Marx. “This transaction allowed us to create a high-end office environment for Groupe SEB, which will include a test kitchen, a more open floorplate and greater efficiencies. The building's outstanding location and prestigious client roster fits perfectly with Groupe SEB's brand and corporate image.”
Situated near I-287 and I-80, the LEED Gold certified building at 5 Wood Hollow Drive includes amenities such as an on-site, full-service cafeteria, parking and a three-story atrium lobby.
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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].
