4B — July 23 - August 19, 2021 — New Jersey — M id A tlantic Real Estate Journal
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N ew J ersey
Firm also arranges the sale of ±3.25 AC of land in Eatontown, NJ Longo and DiPinto of The Blau & Berg Co. brokers the lease of ±12,060 s/f industrial building as the storage of classic and exotic vehicles.
ORGANVILLE & EATONTOWN , NJ —The Blau & Berg Company , a prominent com- mercial real estate brokerage firm in the New Jersey and Tri- State area since 1932, recently arranged the lease of ±12,060 s/f building in Morganville. Seth Katz of Legacy Com- mercial Realty represented the lessee, while John Longo and Brian DiPinto of The Blau & Berg Company repre- sented the owner. The tenant will use the space for printing, sign fabrication and manufac- turing of graphic signs as well M
“Brian and I were pleased to work with Seth in securing such high quality tenants for our client’s building,” said John Longo, director of The Blau & Berg Company. “The owner is an experienced developer that provides high quality buildings and services.” In other Blau & Berg news, the firm arranged the sale of ±3.25 AC of land in Eaton- town. Longo represented the seller, Eatontown Rink, LLC. Situated on a busy strip of road, packed with surrounding retail, this property will suit many uses. “Due to the property’s excel- lent highway location, we were fortunate to have a wide range of worthwhile developments to choose from,” said Longo. “With extensive input and assistance from the leaders of Eatontown, we finalized a deal for a 120,000 s/f self-storage development that is expected to be completed by year end of 2021.” MAREJ Spirent moves into expanded space at Bell Works in Holmdel HOLMDEL, NJ — Somer- set Development announced that Spirent Communications (Spirent) has established its newly expanded office and lab spaces at Bell Works in Holmdel. Spirent, the leading provider of automated test and assur- ance solutions for networks, cybersecurity and positioning, has relocated employees from its affiliate Eatontown office to the Bell Works metroburb, which is now home to 130 Spirent employees. The lease expansion brings Spirent’s footprint at Bell Works to a total of 35,000 square feet, and establishes Bell Works as the company’s new regional headquarters. “Spirent has thrived as part of this collaborative commu- nity and continues to ben- efit from the incredible en- ergy here at Bell Works. The uniqueness of the metroburb community was the driving factor in our decision to ex- pand our space at Bell Works and bring all of our regional teammembers to the campus,” said Ray Lee, Spirent’s direc- tor of global properties. MAREJ
±12,060 SF Industrial Building in Morganville, NJ
Eatontown, NJ
INDUSTRIAL OFFICE RETAIL LAND
Global reach. Local expertise.
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The Blau & Berg Company
Founded in 1932, The Blau & Berg Company holds a leading position in the New Jersey and Tri-State commercial real estate market. We are an independent, full-service commercial real estate brokerage firm providing services in the industrial, retail and office spaces.
SHORT HILLS, NJ | WWW.BLAUBERG.COM | 973.379.6644
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