1ST QUARTER ACTIVITY NETS MORE THAN 75,000 SQ.-FT OF SPACE LEASED AT HEADQUARTERS PLAZA IN HISTORIC MORRISTOWN, N.J.

MORRISTOWN, NJ – May 21, 2012 – (RealEstateRama) — More than 75,000 square feet of office space has been leased at Headquarters Plaza in the first quarter of 2012 alone, according to Cushman & Wakefield of New Jersey, exclusive broker for the Class A commercial center located in the historic Morris County City of Morristown.

Nine companies have either signed, renewed or expanded leases at Headquarters Plaza in the past four months, demonstrating the continued appeal of the unique corporate complex and its location within a pedestrian-friendly, downtown urban environment offering dining, shopping, entertainment and mass transportation just steps away.

The tenants run the gamut of business industries, ranging from investment and accounting firms to law offices and staffing companies. They include Graham Curtin, Jones Trading, Morristown Capital, Telemanagement (TM Forum), Walsh & Borresen, Insight Global, Global Knowledge, and Gilford Securities.

“Corporate users continue to be drawn to Headquarters Plaza’s comprehensive onsite amenities and services and vibrant downtown environment which are key attributes when recruiting and retaining employees today,” says Robert Donnelly, Jr., Executive Vice President of Cushman & Wakefield, which is handling the leasing efforts for Fisher Development and the Olnick Organization, original developers and joint-venture partners of Headquarters Plaza.

“In addition to the all-under-one roof approach at Headquarters Plaza, the complex benefits from an ideal location in the Morris County seat which is home to the County court system and government buildings and services. It’s also minutes from the many social and entertainment opportunities that have long made Morristown a popular destination for area residents and professionals. The dramatic redevelopment of the City’s downtown district, including an influx of upscale restaurants, shops, luxury residences and more, has also played a significant role in drawing tenants to Headquarters Plaza.”

Situated adjacent to the Morristown Green, the heart of the Town’s main retail conveniences, Headquarters Plaza offers more than 700,000 square feet of commercial, office and retail space and includes in-complex conveniences such as a newly renovated fitness center and the premier 256-room Hyatt Morristown Hotel and Conference Center.

The Olnick-Fisher joint-venture recently completed a multi-million dollar, property-wide capital improvement program at the complex. New additions include The Club at Morristown, a 41,000 square-foot, state-of-the-art fitness center, and the Hand & Stone Massage and Facial Spa, a wellness facility offering a variety of treatments and services. Additional onsite amenities include restaurants, a daycare center, a ten- screen Clearview cinema, on-site Hertz rental car service and a parking garage with 3,500 covered spaces. Chapman Concierge, a full-time corporate concierge, is on hand to assist with both business and personal requests, while newly-renovated attended lobbies, a secured in-building parking facility, 24-hour security and an onsite property management office provide added safety, comfort and convenience for employees and colleagues.

Serving as the ideal base for business and leisure travelers, The Hyatt Morristown offers 256 oversized guest rooms, 31,000 square-feet of meeting space and social amenities including the Qube Lounge, Starbuck’s coffee bar and the Eclectic Grill restaurant.

Available suites at Headquarters Plaza range from 2,000 to 49,500 square feet and offers immediate occupancy. The built-to-suit spaces can accommodate small and larger users alike and come with state-of-the-art suite amenities and technology.

Headquarters Plaza is located just 25 minutes from Newark Liberty International Airport and is easily accessible from major highways such as Route 287, Route 202 and Route 10 and mass transportation options including NJ Transit’s Morristown Train Station.

For more information on Headquarters Plaza, contact leasing agent Cushman & Wakefield at 973-993-1200.