SJP Properties Reveals 64,000-SF Interior Build-Out for TIAA at 194 Wood Avenue South in Metropark
Leading Fortune 100 company taps property’s original developer for collaborative workplace transformation
Iselin, N.J. – SJP Properties has announced the completion of TIAA’s 64,000-square-foot interior office build-out at 194 Wood Avenue South in Metropark. TIAA, a leading Fortune 100 financial services organization, tapped SJP Project Solutions, SJP’s third-party project and construction management division, to oversee the space’s execution.
SJP is the original owner and developer of 194 Wood Avenue South, a 470,692-square-foot, headquarters-quality office tower that was owned by AIG at the time of the project, and later sold by AIG in August of this year. TIAA selected SJP Project Solutions for its redevelopment expertise, superior relationships with subcontractors, ability to work quickly, and knowledge of the property; Project Solutions finished the entire build-out in just under nine weeks.
“This is now a more modern workplace — the best quality interior space in Metropark — that effectively brings TIAA’s employees and operations into the future,” said Peter Bronsnick, President – New Jersey Region, SJP Properties. “These two floors at 194 Wood Avenue represent the changes we can expect to see across the market as we continue to reimagine office configurations and design to keep employees comfortable, safe, and performing optimally.”
The Project Solutions team transformed what was a traditional suburban office installation into an open-concept floor plan with plenty of natural light, multiple collaborative work areas across two floors, and an interconnecting interior staircase. The property’s condition and SJP’s ownership knowledge allowed the building to be easily refreshed, with the right expertise, standing the test of time and showing TIAA’s investment in its culture and ability to provide a modern workplace that helps recruit, attract and retain talent.
SJP Project Solutions collaborated with IA| Interior Architects and ARUP mechanical engineering.
“SJP, and the Project Solutions brand, is known for our ability to execute at the highest level, thanks to our decades of expertise and deep-running relationships within the construction market,” said Andrew Natale, COO of SJP Properties. “We leverage these tools for every assignment and having the capacity to work on an expedited timeline in collaboration with our project partners is something we’re proud to offer national companies looking to invest in their workplace and their company culture.”
The location of 194 Wood Avenue South within Metropark affords its occupants amazing connectivity and suburban amenities, much like those of 200 Wood Avenue South, a next-generation workplace that SJP Properties acquired earlier this year and is continuing to modernize. Both buildings offer the ability to attract and retain New Jersey’s top talent where the labor markets converge, boasting modern, efficient floor plates and ample ceiling heights. The buildings are within walking distance to the Metropark Train Station, which offers NJ Transit and Amtrak Acela services, and are conveniently located near the cross-sections of Lincoln Highway, Middlesex Turnpike and the Garden State Parkway.
About SJP Properties
Headquartered in New York City, SJP Properties is a vertically integrated commercial and residential real estate owner, developer, investor, asset manager, construction manager and property manager. The expertise of the company’s core in-house team of professionals encompasses the entire development process, from site selection through coordination of tenant move-in for large multi-phase projects, including numerous Class A build-to-suit developments and individual tenant build-outs. Well known for the creation of unparalleled lifestyle-focused developments, SJP is committed to meticulous design and engineering development plans that reflect a keen understanding of market demand.
Having sustained an unblemished track record of success, SJP has established relationships with many of the industry’s leading investors and financial institutions, providing unparalleled access to capital. For more information, call 212-335-2200 or visit www.sjpproperties.com.