The Rockefeller Group to Develop 100,000-SF Building for Summit Medical Group in Florham Park, NJ
- Leading physician-owned medical group to locate at The Green at Florham Park
FLORHAM PARK, N.J. – June 12, 2013– The Rockefeller Group announced today that it will develop a four-story, 100,000-square-foot medical office building for Summit Medical Group at The Green at Florham Park, a 268 acre master-planned development located in Florham Park, N.J. Summit Medical Group signed a 15-year lease for the entire building, which will be located at 140 Park Ave.
The building is planned for general medical office space, ambulatory care and radiology services as well as an ambulatory surgery center on a separate floor. Construction of the facility will begin in September 2013 with completion and occupancy expected by early 2015.
The building will be the latest development project to break ground at The Green at Florham Park, which has become one of North America’s most distinctive new development projects. In 2012 BASF Corporation’s North American Headquarters, located at 100 Park Ave., was designated LEED® Platinum by the U.S. Green Building Council, becoming one of only five buildings in North America to earn LEED® Platinum certification for core and shell as well as commercial interiors.
“The Rockefeller Group is pleased to add Summit Medical Group to the growing list of tenants who have chosen to locate at The Green at Florham Park, including BASF Corporation and The New York Jets,” said Les Smith Jr., executive vice president of development for The Rockefeller Group. “Summit Medical Group has a reputation as one of northern New Jersey’s most elite medical practices and its network includes some of the area’s best physicians. It will make an excellent addition to the community and this terrific project will be an outstanding addition to The Green at Florham Park.”
Summit Medical Group, New Jersey’s largest privately held multispecialty medical practice, is headquartered in Berkeley Heights. The Group chose The Green at Florham Park site because of its interest in expanding to meet the health and wellness needs of residents in Essex and Morris counties.
“We are very happy to bring a new world-class medical office facility to the region,” said Jeffrey Le Benger, M.D., chairman and chief executive officer at Summit Medical Group. “This centrally-located site offers great access to premier medical services for our patients and the surrounding communities.”
Cushman & Wakefield Vice Chairman Marc Rosenberg and Summit Medical Group Chief of Operations Karen Graham represented Summit Medical Group in its site selection and lease negotiations. The Rockefeller Group was represented in-house by Clark Machemer, vice president, and Johanna Chervak, associate director.
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About Summit Medical Group
Summit Medical Group (SMG) is the largest privately held multispecialty medical practice in New Jersey. SMG maintains a 42-acre healthcare campus in Berkeley Heights and 23 additional practice locations in Bayonne, Berkeley Heights, Bridgewater, Hillsborough, Morristown, Millburn, Short Hills, Springfield, New Providence, Warren, West Orange and Westfield. As an East Coast premier multispecialty group, SMG has provided exceptional primary and specialty care since 1929. For more, visit summitmedicalgroup.com.
About The Rockefeller Group
The Rockefeller Group is a national owner, developer, and manager of institutional grade urban office, suburban office, medical office, mixed-use urban complexes, corporate headquarters, and industrial real estate. The company is headquartered in New York, with regional offices in Arizona, California, Florida, Maryland and New Jersey. The Rockefeller Group began with the development of Rockefeller Center in New York City. Since 2009, the company has developed more than 5 million square feet of office and industrial real estate, and in 2012 was ranked among the leading companies in the nation for office and industrial development by National Real Estate Investor magazine. For more information about The Rockefeller Group, visit www.rockefellergroup.com.
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