22D — March 18 - April 21, 2022 — The Best of 2021 — M id A tlantic Real Estate Journal
The LARGEST OFFICE LEASE of 2021
Colliers Penn Gene Therapy Program at the Discovery Labs
Landmark Commercial Realty 2400 Thea Drive Harrisburg, PA
Prism Capital Partners 399 Jefferson Road Parsippany, NJ
Size: 150,000 SF Broker: Joseph Fetterman Location: King of Prussia, PA
Size: 47,369 SF Brokers: Thomas Posavec, SIOR; Sr VP, Corporate Services Group / Roy Brenner; VP – Corporate Services Group 47,369 SF lease for Clark Resources, Inc. office relocation and expansion in Susquehanna Township. Clark Resources is a minority owned business enterprise (MBE) that pro- vides inbound and outbound telephone services to major companies. Roy Brenner (VP, Corporate Services Group) represented the tenant (Clark Resources), and Thomas Posavec (Senior VP, Corporate Services Group) represented the landlord, RCS – 2400 Thea, LLC.
Size: 104,000 SF Brokers: Avison Young – Jeff Heller
In Fall 2021, 399 Jefferson Road’s Ownership successfully negotiated a 104,000 SF, long-term lease with Remarkable Foods, continuing the 206,000 SF, ClassAbuilding’s decade- long full occupancy. The space was previously occupied by Pinnacle Foods, which moved out of state following its acquisition by Conagra Brands. Remarkable Foods selected the property due in large part to Pinnacle’s space design, which Prism fit out – a former Inc. Magazine Editor’s Pick for World’s Coolest Office. 399 Jefferson Road also serves as home to EBI, LLC, a subsidiary of medical device and implant manufacturer Biomet Spine & Bone Healing Technologies.
Colliers Life Sciences’ Joseph Fetterman assisted the Uni- versity of Pennsylvania Gene Therapy Program (GTP) in its recent expansion of 150,000 SF. The foundational lease establishes GTP as the anchor tenant at Discovery Labs, where they will continue the development of pioneering gene therapies.
The LARGEST INDUSTRIAL SALE of 2021 JLL Capital Markets Northern New Jersey Light-Industrial Portfolio Blau & Berg EWR Logistics Terminal Elizabeth, NJ NAI James E. Hanson 130 Makers Avenue Berlin NJ
Size: ±30,971 SF Brokers: Jason M. Crimmins, CCIM, SIOR (President) | Alessandro Conte, SIOR (Executive Vice President) | Peter J. Murano, Jr., SIOR (Managing Executive Director) | Michael F. Schipper, SIOR (Senior Executive Director) The Blau &Berg Company was pleased to represent both the buyer, Terreno Realty and the seller, Light Speed Enterprises on the sale of 220-248 NorthAve, Elizabeth. The ±31,000-SF facility sits on 5.67 acres within the Newark Seaport limits. This acquisition continues Terreno Realty’s mission to ac- quire, own and operate functional, flexible properties in infill locations. The site boasts 52 loading docks along with an abundance of parking that will prove to be a key component to fill the needs of the growing e-commerce industry’s last mile delivery needs.
Size: 654,633 SF Brokers: Jose Cruz, Marc Duval, JordanAvanzato, Nicholas Stefans A 652-unit, value-add, garden-style multi-housing commu- nity near Princeton University in Lawrenceville, New Jersey. Constructed in two phases in 1992 and 1996, the institution- ally owned and maintained eaves Lawrenceville contains 19 buildings that house one-, two- and three-bedroom units that average 1,120 SF in size. The amenity-rich community has two swimming pools, a dog park, carports, fitness cen - ter, clubhouse, outdoor gazebos, tennis court, playground, racquetball court and three barbeque areas.
Hal B. Messer
Size: 750,000 SF Brokers: Hal B. Messer, Senior Vice President The building was owned and managed by Columbia Property Investors. 750,000 at distribution building leased by The Michael’s Companies that was being renovated to be used for e- commerce distribution as well as serving east coast retail stores.
Made with FlippingBook - Online catalogs