Newmark Associates, CRE, the exclusive broker for the Class A office property at 695 Route 46 (Highpoint Corporate Center), recently announced the successful execution of an 18,000-square-foot long-term lease with an undisclosed tenant. The transaction marks a major milestone for the 154,000-square-foot building, now reaching 85% occupancy following a series of strategic office deals closed in the final quarter of 2025.
The space will be utilized as the tenant’s general administrative offices and operations center. The company’s decision to relocate was driven by a need for a long-term solution that provided highway accessibility, efficient management, and—most crucially—abundant parking for its expanding operations.
Highpoint Corporate Center is a premier professional hub located at the intersection of Northern New Jersey’s most vital transit corridors.
Helene Elbaum, managing director, and Jeannette Melillo, vice president at Newmark Associates, represented both the tenant and the landlord in the deal. The duo has been instrumental in repositioning the building to attract high-profile tenants seeking flexible leasing terms and modern amenities.
“The building’s infrastructure, combined with its immediate access to Routes 46, 80, and 23, makes it one of the most competitive office locations in the Fairfield submarket,” the brokers stated.
The deal comes as Cedar Knolls-based Newmark Associates celebrates 40 years in the commercial real estate industry.
Property highlights for 695 Route 46:
-
Building Size: 154,000–157,400 SF (Class A)
-
Amenities: On-site fitness center, “Grab & Go” café, and conference center.
-
Logistics: Loading dock and freight elevator availability.
-
Connectivity: Immediate proximity to major North Jersey highways.
With this latest lease, only 15% of the building remains available for professional tenants looking to join the growing corporate community at Highpoint Corporate Center.
