500 North Franklin Turnpike in Ramsey — file photo
By Joshua Burd
An investment firm has picked JLL as its leasing agent at a newly upgraded, 141,000-square-foot office building in Ramsey.
In a news release, the brokerage team said it was representing Highstone Equity Group in the assignment at 500 North Franklin Turnpike, where it’s marketing 25,785 square feet. The agency team includes Executive Managing Director Frank D. Recine, Senior Vice President Derek DeMartino and Associate Vice President Colleen Maguire.
“500 North Franklin is uniquely positioned to accommodate New Jersey tenants seeking top-of-the-line amenities, ample interior and exterior windows and a highly convenient location,” Recine said. “The Class A office building’s recent renovations and exposed common outdoor courtyard create a dynamic atmosphere ideal for companies seeking superior office space.”
JLL noted that Highstone recently completed a series of renovations at the 31-year-old property, including the addition of a lounge area, conference facility, fitness center with a locker room and showers. The firm has also upgraded all common areas including the bathrooms, the firm said, adding that the building offers a common center courtyard space with outdoor seating.
The three-floor complex is 80 percent leased, JLL said, citing its proximity to hotels, local dining and entertainment options in Ramsey. The property also provides easy access to Ramsey’s train station, interstates 287 and 87 and Route 17.
