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News release

ISELIN, NJ

JLL Tapped by Garden Commercial Properties to Lease 33 Wood Avenue South

Firm to lease, market 137,400-SF office building at Metropark Corporate Campus in Iselin, NJ; Class A property undergoing multimillion capital improvement program


ISELIN, NJ, December 1, 2014 — JLL was selected by Garden Commercial Properties as exclusive leasing agent at 33 Wood Avenue South, located within the Metropark Corporate Campus in Iselin, N.J. The firm will provide a full range of marketing and transaction services at the Class A, 137,400-square-foot office building.

The JLL team handling the agency leasing assignment is led by Jonathan Meisel and includes John Kaye, Peter Politi and Mat Skirkanich. The group will work closely with Tony Moscaritolo at Garden Commercial Properties.

“This is the only modernized Class A office property left in Metropark that is not fully occupied and it’s the closest building to the train station,” said Meisel. “We are seeing tremendous interest from tenants that want to take advantage of the transit convenience at 33 Wood Avenue South and from companies that have heard about what Garden Commercial Properties is doing to the building. In addition to recladding the entire skin of the property with high-efficiency glass, the owner is installing new lobbies and new surfaces in parking areas, and upgrading and adding amenities, while also focusing on the interior with new economizing HVAC and mechanical components.”

The building owner has launched a multimillion dollar capital improvement program at the eight-story 33 Wood Avenue South, which is located near the intersection of Thornall Avenue, Wood Avenue South and Middlesex Essex Turnpike, a few blocks from Exits 131A and 131B on the Garden State Parkway. The renovations include a new one-inch glass curtain wall that will greatly increase thermal efficiency, new accent branding on the façade, new common areas, a new lobby, a renovated café and a fitness center with locker rooms. The effort is expected to be completed by early 2015.

JLL is a leader in the northern/central New Jersey commercial real estate market, with more than 500 professionals and support staff providing agency leasing, tenant representation, industrial services, strategic consulting, project and development services, property management and investment sales/capital markets services to New Jersey's leading corporate tenants, investors and landlords. The firm, which assists clients from three full-service offices in Parsippany, Iselin (Metropark) and East Rutherford, also acts as local service provider for JLL global and national corporate clients in need of real estate assistance in New Jersey.

About JLL
JLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual fee revenue of $4.0 billion and gross revenue of $4.5 billion, JLL has more than 200 corporate offices, operates in 75 countries and has a global workforce of approximately 53,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.0 billion square feet, or 280.0 million square meters, and completed $99.0 billion in sales, acquisitions and finance transactions in 2013. Its investment management business, LaSalle Investment Management, has $53.0 billion of real estate assets under management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.​