Tulfra Real Estate said July 23 that Spectrum360 signed a long-term lease for three units at 60 S. Jefferson Road in Whippany.
The company plans to expand its day habilitation and adult enrichment programming for individuals with autism. Independence360, a program of Spectrum360, offers educational and therapeutic programming to those with special needs.
“Independence360’s enrichment programming and life skill classes play a crucial part in enhancing the lives of young adults on the autism spectrum throughout New Jersey,” said Marcus Lee, asset manager, Tulfra Real Estate. “By expanding their space, they can now provide more room for recreational activities and fitness to better serve their participants, as well as adequate storage space for the supplies they need to run their programs.”
Spectrum360 relocated to 60 S. Jefferson Road in 2017. The long-term, 10-year lease adds an additional 3,325 square feet to its operations, which now total 15,598 square feet.
Situated minutes from large municipalities like Morristown and Parsippany, 60 South Jefferson is in the heart of New Jersey’s “pharmaceutical corridor.” The area draws tens of thousands of employees each day, plus hundreds of thousands of residents who live and work in the area. According to Lee, this makes for an ideal location for those who have family members that participate in Independence360 programming.
“60 S. Jefferson Road is very accessible via Interstate 187 and Route 24, so families can easily pick up and drop off program participants,” adds Lee. “This location is an excellent place for Spectrum360 to grow its Independence360 programming and continue to serve participants who come from all over New Jersey to be a part of it.”
Tulfra Real Estate acquired the 5.5-acre, 57,000-square-foot building in 2014. Since its acquisition, the property has undergone complete renovation both inside and out in preparation for multi-user light industrial/tech clientele. Under Tulfra’s direction, the former manufacturing site was divided into separate units, with upgraded electric, new lighting and lavatories throughout. Exterior improvements included new entryways, architectural glass and loading doors; repaving of the parking lot; a new roof; and new landscaping.
“The investments we make into our properties transform them into facilities fit for a great number of commercial uses,” Lee said. “Our investments ensure that once-underperforming and underutilized spaces can once again provide value to their communities and to the municipalities in which they are located.”