SOURCE: Ibis Plaza

http://www.ibisplaza.com/

September 15, 2015 00:08 ET

Ibis Plaza Office Suites Adds a 23,000 sq. ft. Office Building in Mount Laurel, New Jersey to Their Portfolio

PRINCETON, NJ--(Marketwired - September 15, 2015) - Ibis Plaza Office Suites (www.ibisplaza.com), headquartered in Hamilton, (Mercer County), New Jersey, announced that they have acquired a 23,000 square foot office building in Mount Laurel (Burlington County), New Jersey. The company's President, Christopher Jerjian, stated that, "this is the first of many strategic acquisitions to come as we execute our expansion plan, which includes the roll out of our conventional office space, Ibis Express Offices, and the Ibis Venue Center." The Mount Laurel location will focus on the "Express Offices." The building was built in 1981 by doctors for their own practices. The property is somewhat dated, and Ibis intends to retrofit the entire two-story building. It is currently 70% occupied with medical offices. Evan Zweben and Marc Isdaner of Colliers International in Southern New Jersey (www.colliers.com/evan.zweben) were the agents involved in brokering the deal. Colleen Donovan and Chris Hopkins of Day Pitney's New Jersey office represented the buyer, and Raymond Console of Cozen O'Conner's Cherry Hill office represented the seller.

Ibis Plaza's Director of Leasing, Ellen Dollard, stated, "We have experienced robust leasing of our Express Offices at the Hamilton location, and we believe when we roll out the same product in Mount Laurel we will enjoy the same level of success. Whenever we do a showing, the reaction is always extremely positive and prospects understand and appreciate the unprecedented value of our offering."

The Ibis Express Offices are extremely popular with small businesses for several reasons, the rents start at $495/month, which is a turnkey all-inclusive price that includes internet and furniture, and the lease terms are flexible. The tenant also enjoys 24/7 access to their own office. The $495.00 price tag is for a one year deal. The company does offer a more flexible month-to-month term for an additional 20% premium, and this is still considered an amazing bargain. Ibis also caters to the needs of larger users for longer term deals. The Ibis Venue Center (www.ibisVC.com) has also been highly successful. Their clients include company names like Xerox and KPMG, both of whom have rented space for training and meetings on a regular basis. It's all about needs, identifying those needs and then focusing on offering alternative solutions to meet those needs for space. As Mr. Jerjian succinctly states, "we are still all about real estate and we're still offering what we have always offered: office space. It's just we're also being creative and offering tenants different choices. Their needs have changed, and we're trying to keep up by meeting those needs. It's that simple!"

Ibis Plaza Office Suites, a New Jersey company, has been providing office space for over 33 years. Visit their website for the latest office space availabilities and also to get more information on their relatively new Ibis Venue Center that provides Meeting Rooms, Conference Rooms, and Training Rooms by the hour, day, week and month.

Ibis Venue Center: http://www.ibisvc.com/

Ibis Plaza Office Suites: http://www.ibisplaza.com/

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Contact Information

  • For more information contact:
    Mr. Christopher Jerjian, President
    Ibis Plaza LLC
    (609) 588-6900 ext. 101
    Email contact

    Ms. Ellen Dollard, Director of Leasing
    Ibis Plaza LLC
    (609) 588-6900 ext. 103
    Email contact