2:00 PM
Law firm Wolff & Samson PC extended and expanded its lease at The Offices at Crystal Lake in West Orange, N.J., to 92,399 square feet for 10 more years. Newmark Grubb Knight Frank’s David Simson, vice chairman and COO of New Jersey operations, and Blake Goodman, managing director, exclusively represented the tenant in the lease negotiation.
The multi-practice law firm is increasing its space by 11,040 square feet on the first floor, adding to its footprint on the first, second and third floors. The 106,000-square-foot, four-story office building, located at 1 Boland Drive just off of Route 280, has served as Wolff & Samson’s West Orange, N.J., headquarters since 2003. As part of the transaction, the landlord will make significant improvements, including the installation of a stand-by generator.
“After looking at the opportunities in the market, this building not only made financial sense for the client, but also allows it to grow without any operational interruptions,” said Mr. Simson. “We were happy to work with the landlord to create a solution that benefited all parties involved.”
Wolff & Samson has grown to more than 120 members and associates and has additional offices in Trenton, N.J., and New York City. This is the third lease expansion for the firm in the building.
“We are pleased to make this major financial commitment to stay and expand our presence in our current West Orange headquarters,” said David Schlossberg, managing member of Wolff & Samson. “After more than 40 years in business, the 10-year extension to our current lease with expanded office space signifies that, while some law firms are contracting, we are growing. We believe we are well-positioned to continue helping our clients achieve their objectives in our firm’s fifth decade and beyond.”
Jeff Mandelbaum represented the landlord, The Offices at Crystal Lake LLC, in house.
About Newmark Grubb Knight Frank
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