Mid Atlantic Real Estate Journal — Commercial Office Spotlight — February 22 - March 14, 2013 — 5B
C ommerCial o ffiCe S potlight Signing boosts Institution’s presence in Jersey City to 23,000 s/f Cushman & Wakefield arranges 21,000 s/f office space lease expansion for Bank Of Tokyo
ERSEY CITY, NJ — The Bank of Tokyo-Mitsubishi UFJ, Ltd. has added an additional 21,000 s/f of office space to its already significant Jersey City presence, boosting its occupancy to approximate- J Mack-Cali Realty announc e s 4Q leasing activity EDISON, NJ — Mack-Cali Realty Corporation announced that it leased 642,394 s/f at its office and office/flex properties in Northern and Central New Jersey during the fourth quar- ter. Portfolio-wide, Mack-Cali leased 1,147,218 s/f of space during the quarter. Highlights of the fourth quarter transactions include: New Cingular Wireless PCS, LLC, a wireless communica- tions service provider and long time Mack-Cali tenant, signed leases totaling 211,573 s/f in Paramus. The transac- tions consisted of a 137,991 s/f renewal at Mack-Cali Centre VII, 15 East Midland Ave. and a 73,582 s/f renewal at Mack-Cali Centre III, 140 East Ridgewood Ave.. Mack- Cali Centre VII, a 259,823 s/f office building, is 80.5% leased and the 239,680 s/f Mack-Cali Centre III is 91.9% leased. The tenant was represented in the transaction by Marc Rosenberg of Cushman & Wakefield. AECOM Technology Corpo- ration signed transactions to- taling 70,932 s/f at 30 Knights- bridge Rd. in Piscataway, con- sisting of a 59,652 s/f renewal and an 11,280 s/f expansion. The four-building property, totaling 680,350 s/f, is 92.7% leased. The tenant was rep- resented in the transaction by Adam Foster and Wesley Moore, both of CBRE. Mack- Cali was represented in-house by Toni Casiano, senior direc- tor of leasing. AECOM also signed a lease with Mack-Cali for 91,414 s/f at 125 BRd. St. in Downtown Manhattan. Towers Watson Pennsylva- nia, Inc., a global professional services company, signed a new lease for 28,500 s/f at 8 Campus Drive in Parsippany. The 214,265 s/f office building is located in Mack-Cali Busi- ness Campus. The tenant was represented in the transaction by Edward DaCosta of CBRE. Mack-Cali was represented in- house by Diane Chayes, senior vice president of leasing. n
ly 283,000 s/f at Harborside Financial Center Plaza 3 on the city’s waterfront. This latest expansion follows the addition of 100,274 s/f in mid- 2012, with The Bank of Tokyo once again represented by Curtis Foster of Cushman & Wakefield’s East Rutherford, N.J. office and Fred Smith and James Hewlette of the firm’s New York-Midtown office. “This expansion was a re- sponse to additional growth by The Bank of Tokyo that is project-driven,” said Foster of the five-year lease with a five-year renewal option. “The
Bank has a specific project they are working on now that required them to take this ad- ditional space.” Harborside Financial Center Plaza 3 is part of Mack-Cali Realty Corporation’s 3.1 mil- lion s/f Harborside Financial Center, consisting of five office towers, a retail component, ho- tel, planned luxury multi-fam- ily residential, and additional sites for development. “We are very pleased that Mack-Cali was able to accom- modate this latest expansion by the Bank of Tokyo,” said Foster. n
Harborside Financial Center Plaza 3
Lehigh Valley, PA
11,500+ SF commercial bldg. along Rt. 22, adjacent to LV Regional Mall, 2+ acres, large parking lot, 3-phase service, Great Potential. Lease or Sale. All offers considered.
6,552 SF single story office/showroom, high end office upgrades, public utilities,
46,682 SF building, ADA compliant, on site parking and municipal parking lots within walking distance. Lease Terms Offered.
easy access to I-78, 22 and 309. Lease and Sale Terms Offered.
15,000 SF available across from County Courthouse, various suite sizes-some furnished, on site building owner. First floor prime commercial units available
Office suites available in this Class A professional office park setting, monument signage and generous parking ratio. Conveniently located within ¼ mile of I-78/Route 100 Interchange. Lease and Sale Terms Offered.
1,500-5,000 SF available in this masonry block steel frame building. On site and non-metered street parking, ADA compliant. Within 4miles of Route 22 / I-78 cross street 1 block off of Lehigh St. Lease Terms Offered.
with prominent signage. Competitive Lease Rates!
Hawley Realty Inc. www.hawleyrealty.com Call: 610-398-4000
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