HomeReal Estate & DevelopmentProvident Bank signs leases for administrative HQ, ops center in Woodbridge

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.

Related Articles

State Treasury: January major revenue collections stable

The Department of the Treasury reported that January revenue collections for the major taxes totaled $5.399 billion, up $72.8 million, or 1.4% over last...

JLL secures $296M financing from Freddie Mac for 5-county multi-housing portfolio

JLL Capital Markets announced that it has secured a $296 million financing for a 13-property, 1,880-unit multi-housing portfolio across New Jersey. JLL represented the borrower in...

JLL secures $86.2M loan for 355K SF Bridge Point Bayonne

 JLL Capital Markets announced that it has arranged $86.2 million in bridge financing for Bridge Point Bayonne, a newly constructed Class A warehouse and...

Simplicity Group acquires LeSourd Partners, adds 3 partners

Summit-based Simplicity Group, a holistic financial planning firm specializing in integrating accumulation and protection strategies, announced the acquisition of LeSourd Partners, a premier brokerage...

Marcus & Millichap announces sale of Hoboken mixed-use building for $3.47 million

Marcus & Millichap, a commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a mixed-use...

Cushman & Wakefield arranges 2 leases for 180 Park Avenue in Florham Park

Cushman & Wakefield has arranged two leases on behalf of landlord Vision Properties at 180 Park Avenue in Florham Park. These transactions bring the...

Latest Articles

State Treasury: January major revenue collections stable

The Department of the Treasury reported that January revenue collections for the major taxes totaled $5.399 billion, up $72.8 million, or 1.4% over last...

Appeals Court ruling allows funding to proceed for Gateway Tunnel project

A U.S Appeals Court declined Feb. 12 to block a lower court’s temporary restraining order, allowing funding to move forward for the $16 billion...
00:00:55

Video: Bergen New Bridge Medical Center celebrates emergency department expansion

ROI-NJ was on site as Bergen New Bridge Medical Center officially celebrated the opening of its expanded emergency department with a ribbon-cutting ceremony attended...

Allegiant begins nonstop service from Atlantic City to 2 Florida destinations

Discount airline Allegiant Air began service Feb. 13 from Atlantic City International Airport to two Florida destinations – Punta Gorda and St. Petersburg.  As an...

JLL secures $296M financing from Freddie Mac for 5-county multi-housing portfolio

JLL Capital Markets announced that it has secured a $296 million financing for a 13-property, 1,880-unit multi-housing portfolio across New Jersey. JLL represented the borrower in...

ROI-NJ: Women of Inspiration – Kelly Crawford, Riker Danzig LLP co-chair

In the legal profession today, women hold more than 50% of private- and public-sector positions. Unfortunately, only 12-25% of law firms have women serving...

Latest Articles

State Treasury: January major revenue collections stable

The Department of the Treasury reported that January revenue collections for the major taxes totaled $5.399 billion, up $72.8 million, or 1.4% over last...

Appeals Court ruling allows funding to proceed for Gateway Tunnel project

A U.S Appeals Court declined Feb. 12 to block a lower court’s temporary restraining order, allowing funding to move forward for the $16 billion...

Video: Bergen New Bridge Medical Center celebrates emergency department expansion

ROI-NJ was on site as Bergen New Bridge Medical Center officially celebrated the opening of its expanded emergency department with a ribbon-cutting ceremony attended...

Allegiant begins nonstop service from Atlantic City to 2 Florida destinations

Discount airline Allegiant Air began service Feb. 13 from Atlantic City International Airport to two Florida destinations – Punta Gorda and St. Petersburg.  As an...

JLL secures $296M financing from Freddie Mac for 5-county multi-housing portfolio

JLL Capital Markets announced that it has secured a $296 million financing for a 13-property, 1,880-unit multi-housing portfolio across New Jersey. JLL represented the borrower in...