December 22, 2021
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Midsize Law Firms Nab Favorable Leases for Year-End Office Relocations | New Jersey Law Journal - Law.com

archer-voorhees
Archer office in Voorhees, New Jersey. Courtesy photo

What You Need to Know

  • Archer has signed a lease relocating its headquarters office from Haddonfield to Voorhees, New Jersey.
  • Tucker Arensberg, a midsize firm based in Pittsburgh, will move its Harrisburg office to Corporate Center Drive in Camp Hill, Pennsylvania.
  • Leaders of both firms said the lease agreements negotiated with landlords were financially opportunistic.

New Jersey-based firm Archer has relocated its main office to the former American Water headquarters in Voorhees, where the property owner has afforded the firm free rent for the first several months of the lease.

Firm leaders said Archer signed a 15-year lease that took effect Dec. 1 to occupy the full three-story building at 1025 Laurel Oak Road. The property was fully redesigned in collaboration with landlord Strategic Funding Alternatives over the last year since the lease was signed December 2020, Stacey Sinclair, Archer’s chief operating officer, said in an interview Wednesday.

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source: https://www.law.com/njlawjournal/2021/12/22/midsize-law-firms-nab-favorable-leases-for-year-end-office-relocations/

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