ENGLEWOOD, NJ—The S.Hekemian Group has broken ground for construction of the first new office building in Bergen County in more than five years. The building, dubbed ES4, is a 46,000-square-foot class A corporate office building in the Englewood South neighborhood. The building, which will also feature ground-floor retail space, is slated for completion in the first quarter of 2016.
S.Hekemian officials, led by senior managing director Peter Hekemian, were joined at the groundbreaking by Englewood Mayor Frank Huttle III. “This is a visionary, state-of-the-art office building,” says Mayor Huttle. “This project clearly demonstrates The S.Hekemian Group's commitment to Englewood, providing an important boost for the city's economy.”
Located at 10 Sterling Blvd., ES4 (Englewood South Phase 4) is a new kind of office building in the marketplace. “A few years ago, we took a hard look at the office buildings in Northern New Jersey for our own use, and were shocked at their age and outdated design,” says Hekemian. “There were no sophisticated, newly constructed and highly designed buildings. We thought there had to be other upscale office users with the same needs as ours, one that projects an image better than the typical suburban office park. We are creating a high-end, boutique office building product that will address an unmet demand, or even create a demand that didn't exist.
ES4 will feature strong exterior architecture with classic masonry and refined finishes throughout the interior. Tenant spaces will enjoy oversized ceiling heights and loft-like, open-plan build-outs with exposed ceilings and ductwork.
The leasing assignment for ES4 is being handled by Brian Silbert, president and CEO, and Wayne Kasbar, vice president, of Silbert Realty & Management of Millington, NJ.
ES4 is the latest phase in a redevelopment following the assembly of eight contiguous industrial properties, including a historic General Motors plant, the result of a collaboration between SHG and the City of Englewood. Following significant site remediation, Englewood South has emerged as a new, high-density, mixed-use neighborhood. At full build-out, the redevelopment will total nearly two million square feet of building space with a value of $500 million.
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