10B — June 8 - 21, 2018— Northern New Jersey — M id A tlantic
Real Estate Journal
www.marejournal.com
N orthern N ew J ersey
aramus, NJ — NIA National Realty has arranged the comple- Josh Krantz joins firm as managing director NIA National Realty announces multiple lease transactions at 66 Route 17 North, Paramus P
signed a new 10 year lease for 5,000 s/f on the ground floor. NIA vice president Gregory Panayoti served as broker in this transaction. Lois Law Firm has signed a 12,500 s/f long term lease and Primerica has signed a 1,500 s/f long term lease. Shift New Jersey and Forman Holt both extended their current leases “We are very pleased with the signing of these retail/office tenants to long term lease com- mitments” stated NIANational Realty president Roger Gross . “It further confirms that 66 Rte. 17 North in Paramus is an at-
tractive and highly desirable location for retail and office tenants” With the signings of these leases, 66 Rte. 17 North is now 100% occupied. As part of NIA National Realty’s continued retail and industrial brokerage expan- sion, Gross has announced that Josh Krantz has been appointed managing director. In his new position, Krantz will be involved in all phases of the firms real estate brokerage services. Krantz, a 40 year veteran in commercial real estate, joins NIA National Realty with ex- tensive experience, including roles in every facet of the com- mercial real estate industry from sales, leasing, ground up development, redevelopment, brokerage, court receiver, and management. He brings a wealth of experience in client management, negotiations and exceeding client’s expectations and a sound knowledge of the New Jersey retail and indus- trial market. “My first priority is to strengthen and grow the existing sales and investment team as NIA’s expands its foot- print throughout New Jersey” commented Krantz. “As NIA National Realty con- tinues on its growth plan, we’ve added a growth driven senior executive, Josh Krantz, who we believe will help us maintain our position as a sought-after commercial real estate firm serving multiple sectors. Josh is a prolific deal-maker and energetic executive who has a proven ability to work with clients on innovative transac- tions and deal structuring” said Gross. “Josh brings forth the knowledge and talent we are looking for to help us expand our market share and lead a team of professionals looking to provide their clients with the utmost professional service.” Prior to joining NIA National Realty, Krantz served as presi- dent of National Property As- sociates, Inc. in Paramus. He specialized in leasing, redevel- opment and brokerage. He is a Costar Power Broker. In other news, the firm has been appointed exclusive bro- ker for 145 Rte. 4 West in Para- mus. The 23,000 s/f single story former Joyce Leslie women’s clothing store is fully renovated and has many top of the line retail amenities. It is located in the best known suburban East Coast retail strips and boosts prime Rte. 4 frontage.
tion of five lease trans- actions total- i ng 20 , 000 s/f at 66 Rte. 17 North in Paramus. 6 6 R t e . 17 North is a 2 - s t o r y ,
Josh Krantz
40,000 s/f mixed use retail and office building. Located at the intersection of Rtes. 4 and 17, one of NJ’s busiest corridors, the entire building recently
66 Route 17 North
underwent a $1 million renova- tion that included a new facade and windows on the retail por-
tion of the building and design upgrades throughout. A high end rug company
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