M id A tlantic Real Estate Journal — New Jersey — December 18 - January 14, 2020 — 5B N ew J ersey
www.marej.com
Schein & Fulton of Team Resources rep. the tenant in lease W.P. Props.' reports leasing activity at Richboynton Road Industrial Park
M
ORRIS COUNTY, NJ — Jeffrey Bar- nish of W.P. Prop-
erties has announced recent leas- ing activity at their Rich- boynton Rd. I ndu s t r i a l Park in Do- ver, NJ. Barnish, a partner with
Jeffrey Barnish
W.P. Properties who owns and manages 750,000 s/f of industrial, office and flex in Morris County had a tenant turn over 100,000 s/f in the beginning of the year. “To turn over and fully lease out the recently vacated space during COVID is a testament to hard work and the strong demand for quality, industrial space in Morris County.” W.P. Properties leased 40,000 s/f to a local e-com- merce distributor that out- grew existing space nearby. W.P. Properties also leased 27,000 s/f to an online furni- ture consignment company based out of Manhattan. Ed Schein and Jeffrey Ful - ton of Team Resources Inc. represented the tenant. MAREJ TRS secures two long-term leases MORRISTOWN, NJ — Transwestern Real Estate Services (TRS) announced it has completed two long- term leases at 62 Elm St. in Morristown. Transwestern managing director Dan Li- gorner serves as the leasing agent for the 20,000 s/f bou- tique office building, which he brought from vacant to fully occupied in 24 months. New Vernon Capital has signed a 10-year lease for the first floor to relocate from its Jersey City office. New Jersey Monthly also signed a 10-year lease for the third floor of the property. Situated in downtownMor- ristown, 62 Elm St. is steps away from a variety of hotels, restaurants and retail desti- nations. Additionally, the property is across the street from the Morristown Train Station, which offers express train service to New York City, and is proximate to Inter- states 287, 80, 280, Route 24, and Newark International Airport. MAREJ
Richboynton Rd. Industrial Park
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