Signature Acquisitions, which acquired 500 Plaza Dr. in the Meadowlands earlier this year from Manulife Investment Management, has retained JLL as its exclusive leasing agent.
Signature committed to upgrading the 464,000-square-foot Class-A office property with a refreshed conference center with new state-of-the-art connective technology, an improved cafeteria, fitness center and parking facilities.
500 Plaza Dr. is currently 70% occupied by a diverse mix of corporate headquarter tenants, including Quest Diagnostics, Pierre Fabre, The Children’s Place, and real estate firm Hartz Mountain Industries. JLL is marketing approximately 133,000 square feet of available space, including 65,000 square feet on the second floor, 50,000 square feet on the fifth floor, and approximately 18,000 square feet across the seventh floor.
The 11-story building is located within the 550-acre Harmon Meadow campus of restaurants, hotels, offices and apartments clustered within a highly accessible master-planned community that includes national and big box retail, LA Fitness Signature Club and a 14-screen movie theatre.
The property has its own convention center and offers guests easy access to meetings, events and nine hotels within walking distance. A total of six different free car parking options are available and NJ Transit & Shuttle Service operates to Secaucus Junction Train Station during peak hours.
“Harmon Meadow offers the ideal work environment—combined with the perfect place to relax and socialize afterward. It’s the best corporate lifestyle offered anywhere around. 500 Plaza is uniquely positioned to meet the needs of today’s tenants, and we look forward to working with JLL to introduce the newly renovated destination to occupiers seeking headquarters-quality space,” Sanford Monaghan, senior vice president and director of leasing of Signature Acquisitions.
The JLL leasing team for 500 Plaza Dr. is led by Executive Managing Director Tim Greiner and Senior Managing Director David Stifelman.
“500 Plaza Dr. is a one-of-a-kind offering in a high-demand location. The availability of headquarters-sized opportunities in a recapitalized building with strong, stable ownership appeals to tenants who require an ideal location and abundant amenities,” Stifelman said.