Colliers International Turns Union Station Corporate Center into Hub of Leasing Activity

On Feb 2, 2017

Colliers International Group Inc. was awarded the contract to lease the former Liberty Hall II in 2016, and in less than a year they successfully repositioned the 147,000-square-foot Class A office property by bringing in more than 50,000 square feet of new leases.

Most recently, the team inked a long-term, 25,742-square-foot lease for SS&C Technologies Holdings (SS&C Technologies Holdings, Inc. (NASDAQ: SSNC). SS&C Technologies is a leading provider of services and software for the global financial services industry.

Located at 1095 Morris Avenue, Union Station Corporate Center, formerly named Liberty Hall II, is owned by LH Union, LLC, recently underwent a building-wide renovation and systems upgrade program, including the renovation of the four-story atrium and lobby, common areas and bathrooms. The center also added a state-of-the-art fitness center equipped with showers, a new grab-and-go cafe and conference center. The property is within walking distance of Union Train Station and proximate to the Garden State Parkway and Route 78.

Richard Mirliss, executive managing director at Colliers, headed the Colliers team with associates Alexander Vitro and Jack Callahan. “We couldn’t be more pleased with the rebranding and the success it has brought our client.”

“The center’s extensive amenities are rare for a property of this size and a real draw for tenants,” said Mirliss. “In addition, its transit-oriented location is second to none in the area.”

Additional new tenants at Union Station Corporate Center include M+W Energy, a subsidiary of M+W Group; Mindlance, a multi-national staffing and services company; Oriel STAT A MATRIX, a provider of regulatory and performance improvement training and consulting solutions to enhance financial results and customer satisfaction; and MLB Residential Lending, a community-focused mortgage banker.

Union Station Corporate Center is a four-story concrete and glass building located on a 6.1 parcel. It is part of the overall Liberty Hall Condominium Association, which encompasses 27.7 acres of land.

Colliers International is marketing current availabilities ranging from 2,000 to 100,000 square feet at Union Station Corporate Center. “We are seeing significant interest in the remaining available space and expect leasing to continue at a brisk pace,” added Mirliss. The ownership is offering aggressive rental rates and generous concessions and broker incentives, hoping to bring additional tenants in 2017.

 

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