7-9 Vreeland Road in Florham Park — Courtesy: CBRE
By Joshua Burd
A historic dance company is in line to expand and relocate to nearly 17,000 square feet in Florham Park, following a transaction arranged by CBRE.
The real estate services firm announced Monday that the New Jersey Ballet Company has committed to 16,641 square feet at 7-9 Vreeland Road. The company, which was founded 60 years ago, is relocating from Livingston and expects to complete the move by October.
CBRE’s Thomas Mallaney represented the landlord, SK Realty Management, while the NAI James E. Hanson team of Joshua Levering and Nick DePaolera represented the tenant.
Additionally, New Jersey Ballet has hired CBRE’s project management unit to oversee and manage the construction and costs during the move. Parette Somjen will design the new space.
“Celebrating its 60th year of entertaining the public, the New Jersey Ballet required additional space that would allow the company to expand its operations and grow its mission of teaching the community about the art of ballet,” Mallaney said. “This transaction was a team effort, which included the building ownership, the brokers at NAI James E. Hanson and architect Parette Somjen.”
Built in 1979, 7-9 Vreeland Road is a 155,819-square-foot building south of Route 10. The property has 20-foot ceiling heights, ample parking and an interior courtyard.