JLL said Wednesday it had been selected to provide property management services at Headquarters Plaza, the 760,000-square-foot prime office asset in Morristown, beginning in June.
Located on Speedwell Avenue just off Morristown Green, Headquarters Plaza offers convenient access to New Jersey Transit with direct service to New York and Hoboken.
JLL’s property management efforts will be handled by a 10-person management team, led by industry veterans Christina Honthy and Scott Granat. Together, Honthy and Granat will lead efforts to improve building services, improve customer relations and overall tenant engagement.
The Class A complex consists of three commercial office buildings, a retail lobby, a newly renovated 256-room Hyatt Regency hotel, and conference facilities. The property offers on-site community amenities including an AMC 10-screen movie theater, daycare, dry cleaning services, hand and stone massage, Hertz Rent-a-Car, and fitness center. 40,000 square foot Crunch form. Bars and restaurants include SM23, Mehndi and Cullin’s Fresh Gourmet, with leases being negotiated for a sushi restaurant and a traditional tavern to open in spring 2023.
The owners of the property, a partnership between the Olnick organization and Development of fishermencontinue a long-term commitment to the community, recently investing $5 million to renovate the adjacent plaza by adding flower beds, a stage and a large lawn surrounded on two sides by seating areas.
The newly renovated plaza is poised to be a hub for concerts and events within the community. The owners of the property are currently looking to upgrade the entrances, interior lobby, cafeteria, parking garage structure and elevator vestibules to improve services and increase amenities. Given the continued appeal of Morristown, leasing activity remains robust, with Plaza Headquarters adding several new tenants in the first half of 2022.
JLL will partner with the property to improve tenant engagement and revitalize the retail lobby and common areas to ensure Headquarters Square remains the premier location for Morris County businesses.
“JLL is proud to have been selected to manage such an iconic asset as Headquarters Plaza,” said Terry Harris, New Jersey Market Director and COO of JLL. “Our team is committed to improving the tenant experience through technology solutions and space activation that serve to create a community within the Headquarters Plaza buildings.”
Brian Fisher of Fisher Development added, “Morristown is going through a pivotal time and Fisher/Olnick recognized the need for next-level services to support the property through our repositioning process. JLL’s continuous flow of cutting-edge ideas is the complement we need to realize our vision. The flight to quality does not only apply to buildings. This also applies to management services.