JLL Arranges Expansion for Data Protection Firm

ENGLEWOOD CLIFFS, NJ – September 15, 2020 — /BackupReview.info/ — JLL has completed a 30,000-square-foot lease expansion and extension with OwnBackup Ltd. at 940 Sylvan Avenue in Englewood Cliffs, New Jersey, on behalf of property owner Andalex. The market-leading cloud-based data backup and restore provider, a tenant at the property since 2018, will expand and extend its lease, doubling its footprint to occupy the entire 60,000-square-foot Class-A office building with in the Sylvan Corporate Center, a burgeoning tech and finance hub.

Andalex is represented by executive managing director Frank D. Recine, and associate Nicolas DeCotiis, both with JLL. OwnBackup was represented by senior managing director Jason Fray and senior vice president Harlan Hollander, both with Savills Studley.

“Sylvan Corporate Center is an ideal location for companies seeking Manhattan-quality, Class-A office space located minutes outside of New York City,” Recine said. “This office complex, in the heart of Englewood Cliff’s famed ‘Trillion Dollar Mile,’ provides the perfect environment for OwnBackup as it continues to expand its client base in the Tri-State area.”

OwnBackup, which previously occupied the full first floor of 940 Sylvan Avenue, will now occupy the 30,000-square-foot second floor. The property, located near the intersection of Sage Road and Sylvan Avenue/Route 9W in Englewood Cliffs, is part of the Sylvan Corporate Center, which includes 910, 920, 930 and 940 Sylvan Avenue. The best-in-class center is made up of four two-story office buildings that are linked by a central lobby. The office destination offers on-site food service, covered parking, private parking and on-site management, as well as state-of-the-art telecommunications infrastructure.

The spacious complex totals approximately 300,000 square feet of dynamic Class-A office space, and offers ample open space to accommodate outdoor employee collaboration and client meetings. The facility has experienced enormous momentum in recent months, attracting interest from New Yok City tenants struggling to negotiate New York City’s density and mass transit during the pandemic. Andalex is positioned to satisfy the needs of New York City tenants seeking well-located space in a highly attractive setting.

Sylvan Corporate Center is located and is directly off the first exit on the Palisades Parkways. The complex is just three miles north of the George Washington Bridge and is in close proximity to Interstate 80, Interstate 95 (New Jersey Turnpike), Routes 4, 46, 1 and 9, and the Garden State Parkway.

JLL is a leader in the northern/central New Jersey commercial real estate market, with more than 1,000 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 services to New Jersey’s leading corporate tenants, investors and landlords. The firm, which assists clients from three full-service offices in Parsippany, Iselin (Metropark) 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. JLL’s New Jersey operations were honored by NJBiz magazine as one of its 2015 Best Places to Work in New Jersey.

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 nearly 93,000 as of June 30, 2020. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com

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Contact: https://www.us.jll.com/en/contact-us

Source: JLL

 

 

 

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