CLAREMONT CORPORATE CENTER ADVANCING

SUMMIT, N.J. — Construction is advancing for Claremont Corporate Center, a 46,576-square-foot, Class A office building located at 535 Springfield Ave. in Summit. The project utilizes the existing Risk Mansion, a turn-of-the-century stone building, and adds a modern office component to it. The project will feature a two-story main lobby with a glass curtain wall and a 20-foot stone wall façade. The building also includes 98 underground parking spaces and 40 surface spaces. Claremont Realty Group has already signed a lease to occupy the first floor of the historic portion of the building. Completion of Claremont Corporate Center is scheduled for the third quarter. The owner is Greenock Capital Management. Jeffrey Heller and William McCaffrey of CB Richard Ellis are undertaking leasing of the property.