Elizabeth repositioning project creates multi-tenant office space

Jessica Perry//March 8, 2022

Elizabeth repositioning project creates multi-tenant office space

Jessica Perry//March 8, 2022

Avision Young New Jersey's Project and Construction Management groups completed renovations at an Elizabeth office space at 620 Division St. to transform a single-tenant office space into a multi-tenant one.
Avision Young New Jersey’s Project and Construction Management groups completed renovations at 620 Divsion St. in Elizabeth. – AVISON YOUNG

A former single-tenant office space in Elizabeth is making its debut following renovations that created a multi-tenant space across the building’s two floors.

On March 7, Avison Young’s New Jersey office announced its Project and Construction Management groups completed renovations at 620 Division St. on behalf of landlord Terreno Realty Corp.

Avison Young Senior Project Manager Alan Zambarano, based in the firm’s New Jersey office, oversaw construction for Terreno. The project was completed in February.

With 31,492 square feet devoted to office space at the cumulative 154,527-square-foot property — the remaining square footage is comprised of warehouse space — 620 Division St. is 77% leased, Avison Young NJ said.

Terreno Realty Corp. has done a tremendous job upgrading the office suites and common areas at 620 Division St. to appeal to a diverse range of occupier industries,” Zambaranon said in a statement. “By renovating the entire office building, including the lobby, from a single tenant space into multiple offices, the building will provide several new opportunities for companies of various sizes seeking modernized, flexible space.”

Added Terreno Realty’s Jack DeConick: “Our vision is to create an upgraded experience for our tenants at 620 Division Street where companies feel safe and productive as they return to the office.”

Expanding the team

In February, Avison Young’s New Jersey office expanded its Project Management group with four new hires: Jay Singer as senior project manager; Victoria Daledda as assistant project manager; and John Breece and William Duvall, who both joined as superintendents.

“We’re thrilled to welcome Jay, Victoria, William and John to Avison Young and for the extensive experience and knowledge they will add to our Project and Construction Management teams as we continue to win new business and strengthen this imperative service line,” Avison Young New Jersey Principal and Managing Director Jeffrey Heller, said in a statement at the time. “Under the leadership of Tracey Kasper, our New Jersey Project Management Group will continue to provide our clients with an elevated level of service and attention to detail throughout the project build-out cycle, helping bring their workspace visions to life.”

In January, Avison Young announced it acquired Springfield-based workplace design and delivery office Studio Eagle, with Bruce Emtage coming on board as principal and managing director for AY’s New Jersey Project Management Studio Services, along with more than 30 team members.

“Transformative changes are taking place at Avison Young, elevating us to the next level and setting the bar of what to expect from a commercial real estate services organization,” Juan Bueno, principal and U.S. President at Avison Young, said in a January statement. “Adding Studio Eagle’s flawless hand-off project management model opens the door to a whole new host of services that build on our ability to meet client needs at every stage of the real estate life cycle. That is a major differentiator for us and a critical part of our strategy.”