8B — March 13 - 26, 2015 — New Jersey — M id A tlantic
Real Estate Journal
www.marejournal.com
N orthern N ew J ersey JLL represents tenant and ownership in lease of Trammell Crow/Clarion building SHI International signs full building lease for 305,721 s/f at South Washington Park
ORTHERN, NJ — Tramme l l Crow Company and joint venture partner Clarion Partners announce that SHI International, one of North America’s largest IT solutions providers, has signed a long- term lease for 305,721 s/f at 10 Knox Dr., one of two industrial buildings located within South Washington Park, a 532,792 s/f industrial project located in the heart of the Northern New Jersey Industrial Market. SHI will relocate to the building in 2Q 2015. “We couldn’t be more pleased N
with the demand and interest South Washington Park is garnering from leading corpo- rations across a variety of in- dustries,” said AndrewMele , principal with Trammell Crow Company’s NE Metro Busi- ness Unit. “The project has become a premier industrial park, helped to redefine this area and created jobs.” 10 Knox Drive features high ceiling heights, efficient load- ing areas, wide column spac- ing, and ESFR sprinkler sys- tems. In addition to 10 Knox Dr., South Washington Park is also comprised of 30 Knox
Dr., which features 227,042 s/f with 96,000 s/f remaining to be leased. South Washington Park is located less than one mile from Exit 6 of I-287 and approximately six miles from the Exit 10 Interchange of the New Jersey Turnpike in the Port District. “The design features and location, with surrounding amenities, make this project unique. Ample car parking, and plenty of surrounding green space add to South Washington Park’s appeal to higher-end or image oriented clients” said Joe Zingaro , asset manager with Clarion Partners. JLL ’s Steve Fleming and Shawn Straka represent- ed the tenant while Nate Demetsky and Paul Toro- sian represented ownership in the transaction. n Alfred Sanzari Enterprises marks 70th Anniversary HACKENSACK, NJ — Al- fred Sanzari Enterprises is marking its 70th year in business in 2015, and is poised to continue as a leading com- mercial real estate force in Northern New Jersey. Throughout its history, the company has earned a reputa- tion for its vision, implementa- tion and management, making tenants and their changing needs a top priority. Founded by Alfred N. and Mary San- zari in 1945, the company today continues the couple’s legacy of commitment to the region and brings a strong sense of family to every team member. Alfred Sanzari’s sons, David and Ben, continue to expand the company’s scope of ca- pabilities and market share. Several of Alfred Sanzari’s grandchildren also have joined the family business. “There are many factors which have contributed to our company’s longevity and success, but underlying them all is the quality and class A locations of our properties, and our focus on providing supe- rior service to the individuals and companies that occupy our real estate products,” said David Sanzari , president and CEO. “A sense of family pride and meticulous atten- tion to detail is shared by the department heads and staff throughout our company.” n
South Washington Park
We’ve got the capital connections to deliver the right results.
R E C E N T N O R T H M A R Q T R A N S A C T I O N S
$192,000,000 Harborside 7 SIZE: 763 UNITS/CONSTRUCTION TO PERM
$16,500,000 New Jersey Health Care Center SIZE: 74,556 SF/PERMANENT LOAN CITY: ORADELL, NJ LENDER: LIFE COMPANY
$16,900,000 The Cookie Factory SIZE: 104 UNITS/ CONSTRUCTION LOAN CITY: HARRISON, NJ LENDER: REGIONAL BANK
CITY: JERSEY CITY, NJ LENDER: LIFE COMPANY
35 Offices Coast-to-Coast
northmarq.com
GREG NALBANDIAN MANAGING DIRECTOR 973.944.5728 gnalbandian@northmarq.com CRISTINA KLOSS VICE PRESIDENT 973.944.5725 ckloss@northmarq.com NEW JERSEY OFFICE | 36 CATTANO AVENUE SUITE 600 MORRISTOWN, NJ 07960 GARY COHEN SENIOR VICE PRESIDENT 973.944.5724 gcohen@northmarq.com
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