24A — March 16 - 29, 2012 — New Jersey — Mid Atlantic Real Estate Journal
www.marejournal.com
N ORTHERN N EW J ERSEY Delta Galil leases 21,333 square feet New Boston Fund and Prism Capital Partners secure new lease at One Harmon Plaza
ecaucus, NJ — New Bos- ton Fund, Inc., a private equity real estate in- vestment, development and management firm, and Prism Capital Partners LLC, an- nounced today that they have leased 21,333 square feet of Class-A office space to Delta Galil Industries Ltd., a global manufacturer and marketer of branded and private label ap- parel products, at One Harmon Plaza in Secaucus, N.J. Delta Galil’s relocation from 150 Meadowlands Parkway, also in Secaucus, continues to increase the tenant roster S
Delta Galil to One Harmon Plaza,” said Gary Hofstetter, Northeast Regional Director, New Boston Fund. “The build- ing continues to attract high- quality tenants such as Delta Galil due to its convenient loca- tion and the many in-progress value-add improvements at the building.” Jones Lang LaSalle manag- ing director Thomas Reilly and associate Derek DeMartino handled the assignment on behalf of New Boston Fund and Prism Capital Partners. CBRE Senior Vice President David Opper and first vice president Matthew Corpuel represented Delta Galil. “Delta Galil selected this particular space due to its su- perior location and the competi- tive pricing structure,” stated Reilly. “Though the Company is relocating from just a short distance away, this location provides easier access to nu- merous amenities.” This property is strategi- cally located at a four-way interchange of Route 3, and is within fifteen minutes of Interstates 80, 280, 78, and Routes 17 and 46. The water- front property also offers views of the Manhattan skyline and the convenience of a suburban location with easy access to Manhattan via the nearby Lincoln Tunnel. New Boston and Prism Capi- tal Partners purchased One Harmon Plaza in January of 2007 as part of New Boston Fund VI. ■ MORR I S PLA INS , NJ — John Udell, president of Weichert Commercial Broker- age announced that Donald Patterson has joined Weichert Commercial Brokerage as Vice President. Patterson brings with him over 10 years of ex- perience in commercial real estate, specializing in health care and professional office requirements within Northern New Jersey. Prior to joining Weichert Commercial, Patterson served as VVPof the Medical Division at Jordan Baris, Inc. Realtors in West Orange, NJ. In this position, Patterson was respon- sible for all aspects of leasing, purchasing and selling medical and other healthcare service related properties throughout Northern New Jersey. ■ Donald Patterson joins Weichert Commercial
at the recently renovated One Harmon Plaza. One Harmon Plaza is a 10-story, 192,000-square-foot office property, located in a mixed-use complex that also includes a 319-room Crowne Plaza Hotel, a 20,000-square- foot retail building and a 1,000- car shared parking garage. The building is currently undergoing a $4.5 million renovation that includes the construction of a new entrance arcade, façade changes, com- mon area upgrades and garage enhancements. “We are proud to welcome
One Harmon Plaza
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