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News release

EAST RUTHERFORD, NJ

JLL Inks 2 Deals Totaling 8,600 SF at 36 Cattano Avenue in Morristown, NJ

NorthMarqCapital, Diamond Financial Consultants each take full floor at Class A, 25,800-SF office building


EAST RUTHERFORD, NJ, February 26, 2015 — JLL completed two new transactions, totaling 8,600 square feet at The Point at Morristown, located at 36 Cattano Avenue in Morristown, N.J., with building owner Washington Cattano Co. LLC. NorthMarqCapital LLC and Diamond Financial Consultants LLC each signed a lease for 4,300 square feet at the Class A, 25,800-square-foot office building.
Chris Conklin, vice president, and Dan Spero, associate, both with JLL, represented the building owner in both transactions.

“The Point at Morristown is one of the newest buildings in town and really caters well to professional services firms looking for a modern office solution in a vibrant downtown environment,” said Conklin. “Companies continue to be attracted to Morristown because of its tremendous amenities and connectivity to the train line. The building’s prime location makes it ideal for firms seeking to recruit younger employees who appreciate the downtown setting.”

NorthMarqCapital inked a long-term lease for 4,300 square feet and occupies the entire sixth floor at 36 Cattano Avenue, which is located between Washington and Prospect streets in downtown Morristown. The commercial real estate lender relocated to the building from its previous offices at 1 Gatehall Drive in Parsippany. The tenant was represented by Harlan Hollander, executive director, with Cushman & Wakefield Inc.

Diamond Financial Consultants signed a long-term lease for 4,300 square feet and will occupy the entire second floor at the building. The financial services firm is relocating to 36 Cattano Avenue from its previous offices at 55 Main Street in Chester. The tenant was represented by Kathryn Oram, sales associate, with Godby Realtors.

The six-story The Point at Morristown is a modern, Energy Star-rated building constructed in 2008. The office building is directly across from the Morris County Courthouse and is located just one block from historic Morristown Green. The property is situated in the heart of downtown Morristown and is walking distance from a wide range of transportation, dining and shopping options.

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 $4.7 billion and gross revenue of $5.4 billion, JLL has more than 230 corporate offices, operates in 80 countries and has a global workforce of approximately 58,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 3.4 billion square feet, or 316 million square meters, and completed $118 billion in sales, acquisitions and finance transactions in 2014. Its investment management business, LaSalle Investment Management, has $53.6 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.