Global not-for-profit organization to occupy 32,500 sf at Class-A trophy office building in Little Falls, NJ
PARSIPPANY, NJ – December 10, 2014 – Colliers International has arranged a long-term, 32,500-square-foot lease for The American Society of Mechanical Engineers (ASME) at Overlook Corporate Center, a Class-A trophy office building located at 150 Clove Road in Little Falls, New Jersey.
The not-for-profit membership organization will relocate its New Jersey operations from 22 Law Drive in Fairfield, NJ to occupy the entire sixth floor of the 415,000-square-foot property in the first half of 2015. The American Society of Mechanical Engineers (ASME) facilitates collaboration, knowledge sharing, and skill development across all engineering disciplines, while promoting the vital role of the engineer in society.
"This new location, which will house approximately 120 employees, meets the organization's growing space needs and creates space efficiencies to accommodate changes taking place within their industry," said Leon Manoff, Vice Chairman with Colliers International who represented ASME in the transaction with assistance from Executive Managing Director John Cunningham.
Manoff also noted that Colliers has enjoyed a 12-year relationship with ASME and has represented them in all of their real estate endeavors throughout the country in New York, Washington D.C., Atlanta, and Houston.
“ASME is excited to be at Overlook Corporate Center,” said Thomas G. Loughlin, executive director of the Society. “In the search for the new office space, we considered many factors ranging from on-site amenities to easy access for our commuting staff. Overlook Corporate Center meets all of our current and future needs and will play a part in the Society’s continuing evolution and growth.”
“Overlook Corporate Center is currently undergoing a multi-million dollar enhancement program to better every aspect of the tenant experience,” said Richard Mirliss, Executive Managing Director at Colliers International, who along with Executive Managing Director Richard J. Madison, and Director Anthony Rinaldi exclusively represents ownership, Theta Holding Company, L.P. “The full-scale renovation, designed by architecture firm Gensler, has been a major draw for tenants like ASME. The tenant was also attracted to the property’s amenities, diverse tenant mix, and close proximity to the Montclair State University train station.”
As part of the enhancement program, ownership is: upgrading all common areas of the building including the lobby, elevator cabs, bathrooms, corridors, and cafeteria; and developing a state of the art conference center, fully equipped fitness center, and a grab-and-go cafeteria with a coffee bar.
Perched on a hill at the juncture of Routes 46 and 3, Overlook Corporate Center is minutes from the Garden State Parkway and I-80, and offers stunning panoramic views of New York City and New Jersey. The facility includes covered parking, a full-service cafeteria, Wi-Fi access, 24-hour security, onsite ownership and management, and immediate access to mass transit.
Other tenants in the building include Morgan Stanley, Roche / Genentech, Cantel Medical, Telerx Healthcare Connexions, and Systra Consulting.
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ASME helps the global engineering community develop solutions to real world challenges. Founded in 1880 as the American Society of Mechanical Engineers, ASME is a not-for-profit professional organization that enables collaboration, knowledge sharing and skill development across all engineering disciplines, while promoting the vital role of the engineer in society. ASME codes and standards, publications, conferences, continuing education and professional development programs provide a foundation for advancing technical knowledge and a safer world.