JLL Secures Lease Extension for Symrise at Park 80 West Plaza One

EAST RUTHERFORD, N.J., August 6, 2020 — JLL has completed a transaction for Symrise Inc. at Park 80 West Plaza One, 250 Pehle Avenue in Saddle Brook, N.J., with building owner Galil Management LLC. The global supplier of fragrances, flavors, food, nutrition and cosmetic ingredients signed a lease extension for 21,062 square feet at the 200,000-square-foot office building.

Symrise, the tenant, was represented by Andrew Zezas and Scott Lesh, managing directors, both with JLL. Building owner Galil Management was represented by Donald Sperling, senior vice president, and Robert Norton, first vice president, with CBRE Group Inc.

“Symrise chose to remain at Park 80 West due to the complex’s central location to major highways and its proximity to the company’s clients and employees,” said Zezas. “The company also appreciated Galil Management’s hands-on management style, and the base building improvements the building owner has completed at the property in the past few years.”

Symrise inked a long-term lease extension for 21,062 square feet of office space and will continue to occupy the second floor at Park 80 West Plaza One, which is located within the Park 80 West complex at the conjunction of the Garden State Parkway, at Exit 159, and I-80, at Exit 62A.

The eight-story 80 Park West Plaza One and the 11-story 80 Park West Plaza Two comprise the 511,600-square-foot Park 80 West complex in Saddle Brook, N.J. Plaza One was constructed in 1971 and Plaza Two was constructed in 1981. The area surrounding the property includes hotels such as the Saddle Brook Marriott, which is located directly across the street, and shopping meccas and countless dining options at retail centers such as Garden State Plaza and Riverside Square Mall.

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.