X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

FLORHAM PARK, NJ-Based in Newark since its founding in 1950, full service law firm Saiber LLC has leased over 54,000 square feet of office space for its new headquarters at Kushner Cos. 18 Columbia Turnpike here.

The 60-lawyer firm–which expects to relocate from Newark’s One Gateway Center to its new facilities in November–is taking over most of the former Kushner Cos. offices, which the latter left after relocating its corporate headquarters to New York City. Kushner Cos. still owns and manages the five-building Westminster Corporate Campus, which includes the 180,000-square-foot class A office building at 18 Columbia Tpke.

“We decided the time was right for our firm to be closer to the center of the state, so that we can branch out in numerous directions,” says William Maderer, Saiber’s managing member, who adds that his firm’s lawyers regularly appear in federal court in Trenton and Camden as well as Newark. “So Florham Park was ideal from a location standpoint, and the space, with its high ceilings and magnificent finishes and amenities, was truly spectacular. Kushner is a first class organization and the office we’re moving into really shows it.”

As for One Gateway owner Advance Realty, vice president of leasing Brian Banaszynski tells GlobeSt.com, “while we wish Saiber the very best, we also see the move as an opportunity. We’ll have two-and-a-half interconnected floors–a block of 50,000 square feet–that we’re now taking to market.” Advance has already seen some interest and request for proposals. “I would say four significant tenants are exploring the opportunity,” Banaszynski says.

Richard Baumstein and Ed Duenas of Cushman and Wakefield of New Jersey represented Saiber in the long-term leasing transaction, while Marc Rosenberg, Jon Williams and Bill Brown–also of C&W–represented the landlord, along with Kushner director of leasing Ira Bloom.

According to Bloom, approximately 15,000 square feet of space is still available at 18 Columbia Tpke., which features an on-site security guard, key card access, reserved underground parking, fitness center and ample storage facilities.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.