Real Estate Journal — New Jersey — July 15 - 28, 2016 — 13B
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M id A tlantic
N ew J ersey
John Donnelly represents Peter Thomas Roth Labs, LLC at 45 Mayhill St. Colliers brokers 73,000 s/f for growing skin care company in Saddle Brook, NJ
S ADDLE BROOK, NJ — Global commercial real estate services firm Col- liers International Group Inc. has orchestrated a 73,000 s/f industrial lease for Peter Thomas Roth Labs, LLC at 45 Mayhill St. in Saddle Brook. The consumer products com- pany will relocate its regional warehouse/distribution op- eration to the property from Carlstadt, NJ, in a significant expansion move. Colliers’ John Donnelly , an industrial specialist based at the company’s New Jersey headquarters in Parsippany, represented Peter Thomas Withum announces corporate office expansion and relocation PRINCETON, NJ — Wi thumSmi th+Brown, PC (Withum) , a public ac- counting and advisory firm, has announced the expansion and relocation of its Princ- eton-based headquarters to the award-winning Carnegie Center on Rte. 1 within the municipality. Withum now occupies 30,000 s/f at the 560- acre master-planned class-A office park, which features 18 single and multi-tenant buildings totaling over 2.1 million s/f of office space. The new headquarters in Suite 400 accommodates more than 110 employees and is one of five offices in New Jersey. All of the Princeton office phone numbers and fax numbers will remain the same. “This move represents an exciting time for Withum,” said Tom Suarez , partner- in-charge of the firm’s cor- porate-office headquarters. “Our new location will ac- commodate our continuing growth and help facilitate the future expansion of our ser- vice lines and practice areas. This ultimately enhances our ability to serve our clients at the highest levels.” n Carnegie Center
Launched in 1993 and head- quartered in New York City, Peter Thomas Roth Labs man- ufactures and distributes skin care products. Its lines cur- rently include more than 200 products sold worldwide. The firmmaintains a manufactur- ing facility in Moonachie, NJ and a corporate office at 460 Park Ave., Manhattan. “Peter Thomas Roth Clinical Skin Care and the June Jacobs Spa Collection are experi- encing exponential growth, thanks to the growing popu- larity of its products, both here and abroad, as well as its emerging online distribution
channels,” Donnelly said. “We looked for space throughout the greater New Jersey Mead- owlands submarket. The prop- erty at 45 Mayhill offers both proximity to the company’s manufacturing operation and space to meet its evolving re- quirements. The building also has good bones – with high ceilings, upgraded sprinkler system and ample loading.” Donnelly also credited flex- ibility by Jos. L. Muscarelle LLC in helping to secure the deal. “My client’s new landlord went out of its way to ensure a smooth and comfortable tran- sition,” he said. n
45 Mayhill St.
Roth Labs in negotiating the long-term lease. He also bro- kered the company’s previous, 18,000 s/f, multi-year sublease
commitment in Carlstadt. Jos. L. Muscarelle LLC’s affiliate, 45 Mayhill LLC, owns the property at 45 Mayhill.
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