JLL secures lease extension for brother international corporation at 200 crossing Boulevard in Bridgewater, NJ
Electronics and technology company signs 101,724-square-foot lease extension at Piedmont Office Realty Trust’s 298,922-square-foot office building
EAST RUTHERFORD, N.J., July 23, 2020 — JLL has completed a new transaction for Brother International Corp. at 200 Bridgewater Crossing, 200 Crossing Boulevard, in Bridgewater, N.J., with building owner Piedmont Office Realty Trust. The company, a premier provider of home office and business products, home appliances for the sewing and crafting enthusiast as well as industrial solutions, signed a lease extension for 101,724 square-feet at the Class A, 298,911-square-foot office building.
Brother International was represented by Andrew Zezas and Scott Lesh, managing directors, and Brian Davidson, senior vice president, all with JLL. Building owner Piedmont Office Realty Trust was represented by William McCaffrey, principal, with Avison Young.
“By extending its North American headquarters lease, Brother International was able to secure a longer-term real estate solution, on favorable terms, that supports the company’s operating and finance objectives,” said Zezas. “We are extremely pleased to have advised and represented Brother International, and to have provided guidance to the company’s CFO and leadership team, in planning and executing this important and timely engagement.”
“The transaction JLL completed on behalf of Brother International enhances the company’s ability to improve its North American headquarters facility and provide a quality office environment for its employees.” said Lesh.
Brother International signed a long-term lease extension for 101,724 square feet of office space and will continue to occupy the fourth through sixth floors at 200 Bridgewater Crossing, which is located at the intersection of Route 22 and Commons Way, several blocks from I-287.
The eight-story 200 Bridgewater Crossing, 200 Crossing Boulevard, in Bridgewater, N.J., totals 298,911 square feet of office space and was constructed in 2002. Bridgewater Crossing is comprised of two mirror-image office buildings located at 200 and 400 Crossing Boulevard, located within the master-planned, mixed-use Bridgewater Commons commercial complex. It features first-class amenities that include a full-service cafeteria, café, fitness center, conference center, ATM, on-site helipad, on-site security personnel and property management.
Bridgewater Crossing features a solar panel array and an energy management system that helped the building achieve Energy Star certification from the U.S. Green Building Council. In 2017, the complex was recognized by the Building Owners and Managers Association’s Middle Atlantic Region as The Outstanding Building of the Year in its Suburban Mid-Rise category.
JLL is a leader in the northern/central New Jersey commercial real estate market, with more than 1,260 professionals and support staff providing agency leasing and property marketing, tenant representation, industrial services, strategic consulting, occupancy planning, workplace strategies, project and development services, property and facility management, and investment sales/capital markets debt and equity services to New Jersey's leading corporate tenants, investors and landlords. The firm, which assists clients from five full-service offices in Parsippany, Iselin (Metropark), Princeton, Morristown and East Rutherford, also acts as a local service provider for JLL’s global and national corporate clients in need of real estate assistance in New Jersey. NJBiz ranked JLL’s New Jersey operations as the No. 1 commercial real estate brokerage in the Garden State in 2020.
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $18.0 billion in 2019, operations in over 80 countries and a global workforce of nearly 93,000 as of June 30, 2020. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
About Brother International Corporation
Brother International Corporation has earned its reputation as a premier provider of home office and business products, home appliances for the sewing and crafting enthusiast as well as industrial solutions that revolutionize the way we live and work. Brother International Corporation is a wholly-owned subsidiary of Brother Industries Ltd. With worldwide sales exceeding $6 billion, this global manufacturer was started more than 100 years ago. Bridgewater, New Jersey is the corporate headquarters for Brother in the Americas. It has fully integrated sales, marketing services, manufacturing, research and development capabilities located in the U.S. In addition to its headquarters, Brother has facilities in California, Illinois and Tennessee, as well as subsidiaries in Canada, Brazil, Chile, Argentina, Peru and Mexico. For more information, visit www.brother.com.