Nonprofit Our House Inc. will establish a new headquarters in New Providence under a lease arranged by Kislak Commercial Real Estate Services Inc.
The commercial sales and leasing affiliate of Woodbridge-based The Kislak Co. Inc. announced the transaction for space at 41 Spring St. in the Union County municipality April 17.
Commercial Sales and Leasing Association Matthew LoBocchiaro represented the tenant. Lee & Associates Senior Managing Director Doug Rowe and Partner Geoffrey Schubert represented the landlord, Shelbourne Spring LLC.
According to LoBocchiaro, beyond providing a new HQ for Our House, the lease also includes day program space.
“It was a privilege to be involved in every stage of the project, including site selection, LOI and lease negotiations, space planning and final lease execution,” he said. “We are excited to see the positive impact that Our House will continue to have on the community.
Founded in 1980, Our House provides services and support to adults with intellectual and developmental disabilities. The nonprofit‘s primary offerings include its day program and employment services.
The former provides small group activities to life-skills coaching, volunteer projects and recreational excursions. Our House creates tailor-made plans for individuals to balance structure, learning and social engagement.
Employment services help support individuals to secure jobs and grow in work environments that match their skills, interests and goals. These include a wide range of both paid and unpaid work or internship opportunities, again tailored to someone’s abilities and aspirations.
41 Spring St. sits 2 miles from Interstate 78, with access to I-287, as well, offering optimal regional connectivity. The more than 171,000-square-foot, single-story building offers research and development, technology and office space. According to Kislak, a strong base of nationally recognized STEM corporations and other tenants occupy space at the property.
Shelbourne cites TRC Environmental, Linde, Clariant, PromptCare, Summit Medical, Prosidyan / J&J as 41 Spring St. tenants on its website.
Shelbourne Global Solutions purchased the Spring Street Innovation Center from Mountain Development Corp. for $23 million in 2018. At the time, the building had recently received $3.5 million in upgrades. Mountain previously acquired the property in 2017.
Kislak noted onsite amenities, such as a full-service cafeteria, fitness center, loading docks, building management, exterior patio and seating, dedicated generator and ample parking.
Union County municipality New Providence offers an affluent residential base.
In addition to a walkable downtown with restaurants, shops, parks and more, two NJ Transit stations (New Providence, Murray Hill) offer service with connections to New York City.
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