March 2024

8B — March 2024 — Northern New Jersey — M id A tlantic Real Estate Journal

www.marej.com

N orthern N ew J ersey

JLL brokers 27,102 s/f in leases at Greenbrook Executive Center on behalf of landlord Accordia Realty Ventures announces new lease transactions across Northern NJ Portfolio

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at Accordia’s headquarters, Greenbrook Executive Center, a 203,028 s/f class A office building located in Fairfield. ConnectiveRx, a pharmaceuti- cal company, signed a short- term renewal for 19,371 s/f, while law firm Dwyer, Connell & Lisbona LLP committed to a five-year renewal for their 7,731 s/f suite at the prop- erty. Fred Hyatt and Derek DeMartino of JLL brokered the transactions for the land- lord and are the agents for Greenbrook Executive Center. “Despite a slowing in the office market, there’s been tremendous leasing activ- ity at Greenbrook Executive Center – and that can be at- tributed to a flight to quality. Our recent activity is proof that Greenbrook exemplifies certain desired traits,” said Jason Bogart , principal and co-founder of Accordia Realty. River Drive II, located in Elmwood Park, has seen an increase in office leasing activity as well, accommodat- ing unique needs for tenants across the Bergen Central market. Bridgeway Behav- ioral Health, a health services company, signed a five-year lease at the property, while Aptitude Development , a real estate development firm, expanded to over 7,000 s/f. Robert Norton of CBRE represented Behavioral Health for the transaction. Hyatt and DeMartino of JLL brokered the deals for the landlord and are the agents for RDII. In addition to strong of- fice activity in Fairfield and Elmwood Park, two new re- tail leases were signed at The Shoppes at Godwin in Midland Park, a mixed-use property with 14 retail units and five apartments. New tenants Flawless Nails and New Jersey Cabinet Dis- tributors bring occupancy to 95% for the centrally located property. DeFino Realtors represented the landlord for both deals. Amy Smith of DeFino Re- altors represented Flawless Nails and Jackeline Per- na of United Real Estate North Jersey represented NJ Cabinets. According to Bogart, the company will soon be an- nouncing its East Coast ex- pansion program, scheduled to launch in mid-2024. MAREJ

AIRFIELD, NJ — Ac- cordia Realty Ven- tures (Accordia) , an

ent repre - neurial real estate invest- ment and development firm based in Fairfield, recently an- n o u n c e d multiple new

Jason Bogart

retail and office lease transac- tions across their portfolio to close out 2023. Leading this new activ- ity are two lease renewals

Greenbrook Executive Center

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