16B — October 11 - 24, 2019—Southern New Jersey — M id A tlantic

Real Estate Journal


S outhern NJ

David Zimmel of Zimmel Associates represents owner in the transaction Denholtz Properties signs 10,000 s/f lease renewal with toy wholesaler in East Brunswick E national that enable them to service both local and national markets.” Center provides the company with a flexible space to serve as both their showroom and distribution facility.

AST BRUNSWICK, NJ — Denholtz Prop- erties , a privately held, fully integrated real estate development and investment company, announces that Y&W International has signed a lease renewal for 10,000 s/f of flex/industrial space at the Edgeboro Corporate Center at 12-16 Edgeboro Rd. in East Brunswick. The Edgeboro Corporate Center is a two-building, 84,000 s/f flex property with units up to 20,000 s/f. The buildings offer superb ameni- ties and convenience in an

As the fourth fastest grow- ing county in New Jersey, Middlesex County’s strong demographics and high level of accessibility continue to position it as one of the stron- gest industrial markets in the state. Although one of the state’s largest industrial markets at 200,291,964 s/f of total rentable building area, the market remains undersup- plied amidst elevated demand. This is evidenced in the record low vacancy rates of 1.8 per- cent seen in Q2 2019. With only slightly over one mil- lion s/f of industrial product scheduled to come online over the next several quarters, the market is positioned to remain highly competitive and create an ideal supply and demand situation for owners of well- located, modern flex spaces like Denholtz Properties. David Zimmel of Zim- mel Associates represented Denholtz Properties in the transaction.  NAI Mertz welcomes Walls as marketing assistant MT. LAUREL, NJ — NAI Mertz welcomed Savannah Walls to its team of marketing soned marketing profession- als, which includes Patrick Sweeney , marketing director, and Bobbi Jean Formosa , executive vice president and managing director. Some of her responsibilities include growing the company’s presence on all major social medial platforms, as well as coordinating press releases, creating property fly- ers, and email marketing. “Savannah has proven to be a tremendous asset in just a short time since joining our team, and we are glad to have her on board as we continue to develop our business through focused marketing and public relations efforts, and social media marketing campaigns,” said Formosa.  Savannah Walls pro f es s i on - als. In this new position, Wa l l s w i l l serve as mar- keting assis- tant, working alongside the c o mp a n y ’ s team of sea-

“For many years, central New Jersey’s accessibility, population density, and strong business climate have made it a tremendous market for flex space,” said Kristine Hurl- but , senior vice president of leasing at Denholtz Associ- ates. “Our large portfolio of flex space inMiddlesex County allows us to consistently re- spond to strong local demand and provide long-term homes for businesses like Y&W Inter-

The Edgeboro Corporate Center

outstanding location one mile from the New Jersey Tpke. and in close proximity to Rtes. 1 and 9, Interstate 287 and the Garden State Pkwy. Edge- boro Corporate Center is also serviced by a variety of mass

transit options. Founded in 1988, Y&W International Inc. is a lead- ing wholesaler of toys with customers across the United States. Their lease of 10,000 s/f at the Edgeboro Corporate

Building Quality, Value and Trust

Shop Rite Staten Island, NY

Ross Dress for Less Philadelphia, PA

TJ Maxx Woodbridge, NJ

Walgreens Woodbridge, NJ

Bed Bath and Beyond Manhawkin, NJ

Greenleaf Howell, NJ

4900 Route 33, Suite 101, Wall Township, NJ 07753 732.933.0707 www.gerardconstructioncorp.com

Made with FlippingBook - professional solution for displaying marketing and sales documents online