Fairfield-based Accordia closed three lease transactions across two states.
Strategic Family Wealth, signed a long-term renewal for 6,900 square feet at Greenbrook Executive Center, located at 100 Passaic Avenue in Fairfield. Accordia plans a number of renovations and upgrades to the space. The landlord was represented by Fred Hyatt and Derek DeMartino of JLL, and by Accordia.
Greenbrook Executive Center, a past recipient of a TOBY Award for Outstanding Building of the Year from the Building Owners and Managers Association (BOMA) was also awarded an Energy Star label for its operating efficiency. The 200,000-plus-square-foot, Class A building is fully owned and managed by Accordia, and features a full-service cafeteria, a tenant amenity lounge, and tenant balconies, among many other amenities.
“We are delighted that Strategic Family Wealth has called Greenbrook Executive Center home for many years,” Frank Recine, principal, Accordia, said. “Greenbrook has been a mainstay in North Jersey Class A office space for more than 35 years because of its ideal location, and our commitment to providing a productive environment that’s inviting, comfortable, and makes for an easy commute in and around the area.”
Stevens & Lee, P.C., a full-service law firm expanded its existing office space at River Drive Center II, located at 669 River Drive in Elmwood Park, by 3,523 square-feet. The law firm has leased nearly 16,000 square feet. Tom Reilly & Greg McCavera of JLL represented Stevens & Lee; Accordia and Fred Hyatt and Derek DeMartino of JLL represented the landlord.
RDCII is part of a three-building complex totaling 300,000 square feet of office and medical space. Accordia acquired RDCII in 2008 and invested significantly in its common amenities, including a new HVAC system, upgraded bathrooms, and common areas.
“Stevens & Lee demonstrates commitment to the North Jersey business community — and to RDCII — with its 2025 expansion,” Recine said. “River Drive Center is near I-80 and offers easy access to Routes 20, 21, 46 and the Garden State Parkway, and easy access to New York City and Newark Airport.”
Additionally, CDX Diagnostics, a health care research company that develops screening technologies for cancers renewed their lease for 20,000 square feet at 2 and 4 Executive Boulevard in Suffern, New York. Accordia represented the company, and Recine was the broker on the transaction.
Last year was one of significant growth for Accordia. In 2024, the firm expanded its operations to become a full-service real estate management company. The move brought acquisitions and capital markets, development, third-party commercial real estate brokerage representation and third-party property and asset management under one umbrella.
“We are preparing to meet a pivotal moment coming for commercial real estate in 2025-2026, when nearly $1.5 trillion in debt will mature and asset holders will need help managing properties that will be under their supervision,” Jason Bogart, principal, Accordia, said. “Our firm is quick, nimble, and hands-on, and we are here to help owners or managers who need out-of-the-box solutions during the expected market downturn.”