Overlook Corporate Center at 150 Clove Road in Little Falls
By Joshua Burd
Law firm Scarinci Hollenbeck LLC has found a new home after leasing space at a well-known location in Little Falls, brokers with JLL and Avison Young announced this week.
The practice, which will relocate from 1100 Valley Brook Ave. in Lyndhurst, has taken 18,529 square feet at Overlook Corporate Center under the deal with Theta Holding Company LP. Its new space will be on the ninth floor of the elevated, 415,000-square-foot complex at 150 Clove Road, a familiar sight to nearby residents and motorists.
JLL Executive Managing Director Frank D. Recine, Senior Vice President Derek DeMartino, and Associate Nicholas DeCotiis represented the landlord, while Avison Young principals Drew Persson and Jeff Heller represented the tenant.
“Theta Holding Company is a forward-thinking property owner that has positioned Overlook Corporate Center to support tenants seeking to provide their employees with a superior working experience in a well-located, trophy suburban office building,” Recine said. “The property offers spaces with fantastic views and offer an abundant mix of new and updated amenities that support tenants’ ability to attract and retain top talent in a highly competitive marketplace.”
The deal follows Theta Holding’s recent multimillion-dollar renovation of the complex, which includes an 11-story main tower and a three-story convention center atop Great Notch Hill. Amenities include a cafeteria, an executive conference room, a fitness center, exterior terraces and on-site ownership and management, among other features detailed by the brokerage teams.
“In our 30-year relationship with Scarinci Hollenbeck, we’ve seen them grow exponentially and have established trust,” Persson said. “We’re proud to support their continued growth in their new headquarters. We conducted a 10-month search, landing at the Overlook Center, which was a natural fit for the firm as it not only geo-locates them centrally, but offers greater access to health, wellness, and conveniences through the building’s amenity offerings.”
In a separate announcement, Avison Young said it conducted a commutation study at the onset of the search, coupling the results with Scarinci Hollenbeck’s own internal survey of its employees, to reflect the square footage and commuting distance desired by the entire team. After hosting an open house to preview the new space, which is less than 10 miles from the Lyndhurst site, interest in returning to the office full-time rose 75 percent among the firm’s attorneys.
“The Overlook Corporate Center is second to none,” said Ronald Reisner, chair of Scarinci Hollenbeck’s Work-Life Balance Committee. “We spent considerable time searching for a space that complements our firm’s work-life balance culture and meets our quality-of-life agenda standards. Our attorneys have the option to work from home. However, if they chose to be in the office, we wanted it to be a place that creates an environment for a productive day,”
Overlook Corporate Center also sits at the crossroads of three major thoroughfares, providing fast access to all points in northern New Jersey and Manhattan and Newark International Airport.
“There was no other option than partnering with Drew and the Avison Young team in our search for our new headquarters,” Scarinci Hollenbeck Managing Partner Donald Scarinci said. “When I signed the lease for 150 Clove Road, it was a happy day for us, and I’m grateful to Avison Young for helping us navigate this process.”
