LEE & ASSOCIATES, NJ HANDLES RECENT LEASE EXPANSION AND EXTENSION FOR LAW FIRM, CAROLL McNULTY & KULL LLC, IN BASKING RIDGE, NJ
ELMWOOD PARK, NJ -- November 29, 2015 -- Lee & Associates, NJ, one of New Jersey’s premier commercial real estate firms, today announced that they have successfully completed a long-term lease expansion (and extension) for the law firm of Carroll McNulty & Kull LLC located at 120 Mountainview Blvd. in Basking Ridge, NJ, in the heart of scenic Somerset County (with direct access to a full 4 way interchange of Route 78).
Douglas Gaffney, Senior Vice President, Lee & Associates, NJ, who handled the transaction on behalf of the law firm, negotiated a long-term lease to expand the firm’s space to 49,252 square feet. Gaffney has represented the firm in numerous transactions over the years (including former expansions in New Jersey and recent expansions in Philadelphia and New York).
“We worked closely with Vision Properties, the building owner, to structure a mutually beneficial lease for Carroll, McNulty & Kull’s growing practice. Vision Properties continues to operate a first class facility and worked diligently to help us expand on a contiguous basis while extending the overall leasehold,” states Gaffney, who has completed over $1 billion of lease and sale transactions within the last 20 years of his career while working in the New York metropolitan area (with a particular focus on the Northern NJ submarkets).
The property offers a number of amenities, such as easy access to I-78, I-287, US 202 & US 206. It is also minutes to Newark International Airport. 120 Mountainview Blvd. is a prominent Basking Ridge address with a mix of office and retail space nearby.
“It is an ideal location and offers a number of high end amenities such as covered parking, an on-site cafeteria and abundant amenities for local businesses,” Gaffney adds.
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About Lee & Associates
Celebrating more than 35 years of leadership excellence in commercial real estate, Lee & Associates is the largest broker-owned firm in the nation, with 54 locations across the nation including California, Arizona, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Maryland, Michigan, Missouri, Nevada, New Jersey, New York, South Carolina, Texas, and Wisconsin that house more than 750 brokers. Lee & Associates provides a wide range of specialized commercial real estate services.
New Jersey Division: As part of a unique and dynamic commercial real estate firm, Lee & Associates, New Jersey LLC, was developed to supply New Jersey and the New York City metropolitan area with highly qualified professionals delivering local expertise, a national reach and world-class results. They are a “one-stop shop” – a single point of contact operation which provides all of a client’s real estate needs in-house. From brokerage services, asset and property management, architecture, design and construction, they focus on clients’ specific requirements to achieve maximum results.
Additional information is available at www.lee-associates.com.