Real Estate Journal — New Jersey — June 9 - 22, 2017 — 5B
M id A tlantic
N ew J ersey DeMagistris and Vetter represents landlord in 24,560 s/f lease NAI Hanson negotiates 130,963 s/f lease in Jersey City’s Lackawanna Center Complex J ersey City, NJ — NAI James E. Hanson has negotiated a 130,963 s/f lease to bring This Is
agistris and Vetter also rep- resented the landlord, Green St. Corner, Inc., in a 24,560 s/f lease to and the tenant, Ev- erbeauty, Inc., for industrial space at 10 Henry St. Ebin New York, Inc. and Ev- erbeauty Inc. are both growing warehouse distributors of hair care products that were seek- ing well-located properties that allowed them to quickly distribute their wholesale products to retailers across the New York City metro area. Ebin New York will relocate from Englewood, taking a por- tion of the 77,804 s/f industrial
flex space at 506 Rte. 46 West. The building features 9,340 s/f of showroom/office space and two loading docks and one drive-in. Young Lee of Eastern Realty, Inc. repre- sented Ebin New York Inc. in the transaction. Relocating fromMoonachie, Everbeauty, will occupy the entire building at 10 Henry St. The property features two loading docks with level- ers and two drive-ins, ample parking and easy access to Rtes. 17 and 46. Palestina Properties represented Ev- erbeauty in the transaction. n
It! Productions to Lackawa- nna Center located at 629 Grove St. in Jersey City. NAI Hanson’s Russ Ver- ducci, Eric Demmers and Steve Pastor partnered with Lackawanna Center’s in-house representative Brett Weinblatt to represent the landlord, Lackawanna Ware- house Corporation of New Jersey II, in the transaction. Scott Maynard of Weichert Commercial represented the lessee, Lackawanna Eastern Terminus LLC c/o This Is It! Productions Inc. Previously a railroad ware- housing and distribution building, Lackawanna Center has been reimagined as an industrial and retail complex of 1.3 million s/f. The property offers a superior location ad- jacent to the Holland Tunnel with direct access to the NJ Tpke., Rtes. 1,9 and 440, and the Pulaski Skyway. Previously based in Hobo- ken, This Is It! Productions has managed events and programs across the tri-state area since 1994. The concept and event production com- pany was searching for a new home that offered the exact combination of accessibility, flexibility and affordability found in Lackawanna Center to accommodate their growing full-service event manage- ment, marketing, and spon- sorship business. “At NAI Hanson, we have witnessed a great deal of companies looking to relocate from pricier locations, such as Hoboken and Brooklyn, into the Jersey City area,” said Verducci. “This trend is powered by the affordabil- ity, location and access to a highly-educated workforce that Jersey City offers to prospective businesses. Our experience with this market and deals of this size allowed us to help bring a new busi- ness to the City while secur- ing a valuable tenant for our client.” Teterboro, NJ — NAI James E. Hanson has negoti- ated two leases in Teterboro, NAI Hanson’s Jeff DeMagis- tris and Tom Vetter repre- sented the landlord, Teterboro 2004, LLC , in a 29,214 s/f lease to Ebin New York, Inc at 506 Route 46 West. DeM-
629 Grove St.
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