The Hampshire Companies, a full-service, private real estate investment firm with equity in assets valued at more than $2.5 billion, announces significant leasing activity at 15 Vreeland Road in Florham Park. World Wide Packaging, a cosmetic packaging company, signed a long-term lease for 18,787 square feet of office space, which will house its global headquarters within Morris County's most prestigious corporate center. In addition, current tenant LGS Innovations, a Bell Labs company dedicated to developing network solution for the U.S. Federal Government, expanded its lease by 4,952 square feet, increasing its presence in the building to 73,644 square feet.
With close proximity to Florham Park’s shopping and restaurant center, 15 Vreeland Road is located within one of Morris County’s Fortune 500 hubs, with easy access to major retail centers including the Livingston Mall and the Mall at Short Hills. Additional tenant conveniences include a designated mass transit stop in front of the property, a newly renovated lobby with a grab-and-go café and on-site management services.
“The upgrades that we’ve made to the building, coupled with its location in one of Morris County’s premier corporate parks, make this an ideal headquarter-quality space for high caliber tenants like World Wide Packaging and LGS Innovations,” said Mike Harrington, a Senior Investment Manager for The Hampshire Companies. “The decision for World Wide Packaging to move its corporate headquarters office to 15 Vreeland Road and the expansion of LGS Innovations demonstrates our ability to understand tenant requirements and provide them with strategic space solutions that meet their growing needs and demands.”
Dan Casey of CBRE represented The Hampshire Companies in both transactions. World Wide Packaging was represented by Jeremy Neuer and Peter Shikar of CBRE.
About The Hampshire Companies
The Hampshire Companies is a full-service, private real estate firm based in Morristown, New Jersey. The Hampshire Companies is a vibrant, dynamic organization that combines creative vision and superior execution, thereby enabling it to create and enhance value in real estate investments. Additional information on The Hampshire Companies is available online at HampshireRE.com.
R&J Public Relations