JLL secures office leases for makeup manufacturer and financial adviser in Montvale

JLL entered into two new leases for a total of 12,519 square feet of office space for The S. Hekemian Groupowner of Offices at North Market (200 Market Street), part of the North Market neighborhood in Montvale.

The North Market office space, which is a brand new construction completed in 2021, was rented out in record time, with only 7,799 square feet remaining available and an additional lease on hold that would bring availability down to 5,050 square feet.

Frank Recine, Executive Managing Director of JLL, represented the S. Hekemian Group in both transactions. Garret Rioux, with Corporate Real Estate Services, represented Taiki USA and Christopher DeLorenzo with JLL represented Janney Montgomery Scott.

TaikiUSA, a global skincare and makeup brand, signed a long-term lease for 6,699 square feet of third-floor space, and financial advisor Janney Montgomery Scott signed a long-term lease for 5,820 square feet on the second floor.

The four-story, 52,025-square-foot Workplace North Market is the North Market neighborhood’s flagship office building and includes 41,025 square feet of office space on the second through fourth floors and 11,000 square feet of retail on the ground floor. -of the road. The building features contemporary architecture and loft ceiling heights with corrugated metal, flat glass windows, exposed ceilings, and a common plaza with landscaped and landscaped features.

North Market is a mixed-use destination that offers a vibrant lifestyle in the center of the region’s most powerful demographic. The six-building mixed-use neighborhood is centrally located in Montvale, near an array of retail businesses directly off the Garden State Parkway.

“Workplace North Market is the ideal solution for tenants looking for superior Class A space with premium amenities in a very convenient location,” said Recine. “North Market’s contemporary design provides the perfect environment to engage and energize employees.”

“With an additional lease pending, Workforce North Market will be leased at a fantastic rate of 88%. To be in this position coming out of COVID is a testament to the hard work of the JLL team, the uniqueness of the building supply, and the energy of the growing neighborhood literally rising from the ground day after day,” said Peter Hekemian with the S. Hekemian group. “We are very pleased to have a number of important and high-profile leases in progress, which will be announced soon. The momentum is now feeding on itself exponentially.