Provident Bank signs leases for administrative HQ, ops center in Woodbridge

Cushman & Wakefield has arranged two long-term leases on behalf of Provident Bank for office space in Woodbridge, it announced Wednesday. The bank will use the locations for administrative headquarters and an operations center, it said.

The financial services company signed for approximately 44,000 square feet at 111 Wood Ave. in Metropark and 40,000 square feet at 10 Woodbridge Center Drive, the real estate firm said in a news release.

“The move supports our future growth plans and enables us to keep our administrative headquarters and new operations center in a very desirable location,” John Kuntz, Provident’s senior executive vice president and chief administrative officer, said in a prepared statement. “The new spaces will reflect our commitment to our employees, as both Class A buildings offer a host of amenities and a modern, vibrant, tech-enabled and collaborative work environment, fitting for a best-in-class financial institution.”

C&W’s Paul Giannone and Kevin Carton represented the tenant and the landlord, Atlantic Realty Development Corp., in both leases.

“We are excited to have Provident as a tenant,” Jeremy Schall of Atlantic said in a statement.