JLL Completes Leases With Western Union And Orion Innovation at 300 Tice Boulevard, Woodcliff Lake, New Jersey

1/6/21

International money transfer services leader takes 10,640 square feet and global business and technology services firm renews 4,400-square-foot space at Class-A office building

JLL, representing Hudson Equities, has completed two transactions at 300 Tice Boulevard in Woodcliff Lake, New Jersey. Western Union, a global leader in consumer-to-consumer financial transfer services, signed a 10,640-square-foot lease on the first floor, and Orion Innovation, a global business and technology services firm, has renewed their lease for 4,400 square feet at the property.

300 Tice Boulevard is a 240,291-square-foot, Class-A office building in Woodcliff Lake, offering best-in-class features and improvements. Set amid 20acres of park-like grounds, recent upgrades include an expanded café with indoor and outdoor seating, a three-story atrium with updated contemporary features, sophisticated lounge seating, a media wall and a state-of-the-art fitness center.

The property is located off Exit 171 of the Garden State Parkway and offers easy access to I-287, I-80 and I-87; Routes 4 and 17; the Palisades Interstate Parkway, and the New York State Thruway. Manhattan is a 30-minute drive via the George Washington Bridge, while the Park Ridge and Woodcliff Lake commuter rail stations are eight minutes away. 300 Tice Boulevard is within short walking distance to the retail and dining options at Tice’s Corner Marketplace Shopping Center.

The JLL leasing team of Frank Recine, executive managing director, and Derek DeMartino, senior vice president, represented the landlord. Savills’ Slava Vaynberg, corporate managing director, represented Western Union.JLL’s Brendan McBride, senior vice president, and Chris DeLorenzo, executive vice president, represented Orion Innovation.

“300 Tice offers Western Union, a longtime corporate resident of the area, an effective leasing solution in a state-of-the-art property within close proximity,” said Recine. “This lease allows Western Union to continue its mission in the North Bergen County submarket with minimal disruption to personnel and with the benefit of the building’s peerless amenities and location, two key drivers that also proved critical in Orion Innovation’s decision to renew its lease at this best-in-class office facility.”

JLL is a leader in the northern/central New Jersey commercial real estate market, with more than 1,260 professionals and support staff providing agency leasing and property marketing, tenant representation, industrial services, strategic consulting, occupancy planning, workplace strategies, project and development services, property and facility management, and investment sales/capital markets debt and equity services to New Jersey's leading corporate tenants, investors and landlords. The firm, which assists clients from five full-service offices in Parsippany, Iselin (Metropark), Princeton, Morristown and East Rutherford, also acts as a local service provider for JLL’s global and national corporate clients in need of real estate assistance in New Jersey. NJBiz ranked JLL’s New Jersey operations as the No. 1 commercial real estate brokerage in the Garden State in 2020.

About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $18.0 billion in 2019, operations in over 80 countries and a global workforce of over 92,000 as of September 30, 2020. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.

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