The Garibaldi Group announced this week that it secured an office tenant for a nearly 6,000-square-foot lease on the first floor at the Kushner Real Estate Group-owned building at 1 Main St. in Chatham.
Chris Hovanec of Colliers represented the tenant while Jackie Madden, Brian Cass and Jeff Garibaldi Sr. represented KRE Group, which was also represented in-house by Justin Gingeleskie.
The tenant, Brown Moskowitz & Kallen P.C., was previously located at 180 River Road in Summit. The move, though less than a full mile away from their current location, provides outstanding and walkable access to downtown Chatham and its wide array of amenities.
“While the office market remains in recovery mode, we are seeing companies engage the market, whether it is to right-size or upgrade their presence,” Cass said.
When it comes to what drove the deal, Cass explains, “Similar to many companies in the market now, BMK had a lease expiration upcoming and felt it important to make an improvement to their current situation, and we sincerely appreciate the assistance of Chris Hovanec of Colliers in getting this transaction over the finish line.”
Additionally, 1 Main provides partial covered parking as well as immediate highway access to Route 24 with short rides to the Short Hills Mall and Newark Airport.