Greenock Capital Management and CB Richard Ellis have broken ground on the 46,570-sf Claremont Corporate Center in Summit, N.J. The two-story, Class A office complex will incorporate the adjacent turn-of-the-century Risk Mansion, family home of Dr. William H. Risk, who settled in Summit in 1873. The mansion will be the focus of the facility, with new, modern offices and below-grade parking constructed on three sides of the historic structure. The building will include a two-story main entry lobby with a glass curtain wall façade and a 20-foot stone wall. Completion: late 2009.
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