Vonage, a leading provider of cloud communications services, renewed the lease on a its 350,000-square-foot Corporate Headquarters building located on 88-aces in Holmdel, New Jersey.
According to Mack-Cali Realty Corporation, the class A building has been Vonage's corporate headquarters since they moved to the building in 2005. Their lease, originally scheduled to expire in 2017, is now set to expire in 2023. The campus is home to more than 700 Vonage employees.
"With a world-class company like Vonage extending their lease into the next decade, they are not only committing to their employees and the state of New Jersey, but they're also ensuring the long-term stability of this property," said Christopher DeLorenzo, Mack-Cali Executive Vice President of Leasing. "This renewal demonstrates that Mack-Cali is well-positioned to stay ahead of upcoming lease expirations and this proactive approach along with the strategic plan we are implementing will continue to ensure the strong performance of our entire portfolio."
Additionally, the Holmdel campus provides superior convenience and commuting options for employees. There is easy access to Manhattan via ferry or train. Close proximity to New York City is a key amenity for companies like Vonage who are seeking to attract talented employees who value a prime location. The site offers abundant parking, direct access to Route 34, and convenience to the Garden State Parkway.