Former Powerhouse Becomes Amenity Center at The Crossings at Jefferson Park

Repurposing Features Business Lounge, Café/Coffee Bar and Fitness Center
By: Vision Real Estate Partners
 
WHIPPANY, N.J. - July 10, 2015 - PRLog -- The transformation of a former powerhouse at The Crossings at Jefferson Park into a stand-alone community amenity center is furthering the Whippany office property’s distinctive work/play environment. Vision Real Estate Partners (http://www.visionrep.com/) and Rubenstein Partners, the property’s joint venture ownership, will complete the multi-million dollar renovation this summer.

The Crossings offers 525,000 square feet of Class A space in three buildings, with an emphasis on spaces and services that foster productive, collaborative workplaces as well as personal fulfillment. “The repurposed, 10,000-square-foot powerhouse, which will be named The Axis, will serve as the centerpiece of this campus,” noted Vision Real Estate Partners’ Sam Morreale, founder and managing partner. “From the outside in, we are creating a visual statement and providing some terrific new amenities for our tenants and their employees.”

The Axis’ exterior will feature sleek, contemporary façade elements with stained masonry, composite panels with wood finishes, metal accents and louvered window screens. Inside, Vision Real Estate Partners and Rubenstein Partners are creating a “town hall” environment punctuated by open ceilings with exposed ductwork and modern finishes, a multi-function business lounge with moveable walls, and Wi-Fi throughout. A main entrance will lead to a café/coffee bar serving breakfast and lunch. The café will feature indoor and open-air dining with a covered trellis and roll-up doors, as well as outdoor patio seating.

A second entrance will lead to a 5,097-square-foot fitness center complete with a yoga/pilates studio, cardio center and free-weights area. The facility will include locker rooms and showers. The Axis is located close to The Crossings’ bike share station and bike storage, and 1.3 miles of pedestrian and bicycle infrastructure – which connects directly to Morris County Parks Commission’s Patriots Path.

The Axis represents the final phase of Vision Real Estate Partners/Rubenstein Partners multi-million dollar revitalization and rebranding of The Crossings at Jefferson Park. The 65-acre Crossings campus, highlighted by rolling berms, mature trees and abundant landscaping, has been redesigned specifically to promote health, wellness, and sustainability.

“Our goal from the outset was to create a setting that blends tenant requirements for modern space and lifestyle amenities with the advantages of a spacious suburban setting,” Morreale noted. “The result is a truly superior product and an environment that raises the bar for quality of life at a multi-tenant property. The Crossings exemplifies the second-generation potential of New Jersey’s aging office inventory and offers unparalleled value in the marketplace.”

The Crossings at Jefferson Park is easily accessible from routes 24 and 10 and I-287. The campus, which originally housed a highly sensitive ITT division and later was a data center for Bear Stearns, includes enhanced electrical, HVAC and fiber infrastructure. Today it serves as home to Arthur J. Gallagher, Barclays Capital, JP Morgan Chase and Lord Abbett. Cushman & Wakefield currently is marketing 100,000 square feet in the property’s 200 Building, 25,000 square feet in the 300 Building, and two full floors totaling approximately 80,000 square feet in the 400 Building – all three structures were renovated as part of the repositioning.

About Vision Real Estate Partners (http://www.caryl.com/vision-real-estate-partners-real-est...)

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Source:Vision Real Estate Partners
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Tags:Real Estate, Commercial Real Estate, Business, Vision Real Estate Partners
Industry:Business, Real Estate
Location:Whippany - New Jersey - United States
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