Insurance services firm right-sizes footprint with new Florham Park lease, Garibaldi Group says
By Joshua Burd
A health care services company has found a new home in New Jersey, taking space at a Florham Park office building as part of a lease arranged by The Garibaldi Group.
The operator, Carisk Partners Inc., committed to 7,006 square feet at 180 Park Ave. under a deal that will allow it to shed roughly 6,000 square feet while improving its employees’ overall experience, the brokerage team said. The specialty risk transfer and care coordination company, which operates in the workers’ compensation market, is leasing the space from a joint venture of Vision Properties and The Birch Group.
“With the modern amenities that 180 (Park Avenue) has to offer, Carisk will be able to create a more stimulating and productive environment for their team,” said Jackie Madden, a director with The Garibaldi Group. “I believe strongly, as they do, that the new Class A facility will help foster greater job satisfaction among employees and better retention of talent.”
Madden represented Carisk, while Cushman & Wakefield’s William O’Keefe, Courtney Brooke Rosenkrantz and Brian Decillis represented ownership. The agency team noted recently that the three-story property has flexible floorplates and amenities such as a full-service cafeteria and coffee bar, a dining area, a conference center, a fitness studio, a tenant lounge and outdoor seating and walking trails.
Those offerings appealed to Carisk Partners, which has a foundation in behavioral health and services insurers, government entities, self-insured plan sponsors and other managed care organizations, Madden said. She added that, with two offices in New Jersey and an office in Miami, it has seen tremendous growth over the last two years and expects that to continue.
Also important to the tenant was 180 Park’s strong technological infrastructure, which will allow it to conduct business around the country.
“Working with Carisk Partners on their office relocation was an incredibly rewarding experience,” Madden said. “It was inspiring to be part of their journey to create a dynamic workspace that aligns with their company culture and empowers their employees. Their vision for a Class A environment was clear, and it was a privilege to contribute to their success.”