4-13-12

Mid Atlantic Real Estate Journal — New Jersey — April 13 - 26, 2012 — 21A

www.marejournal.com

N EW J ERSEY

Recine & Marchese of Newmark Knight Frank rep owner in 11,000 s/f lease Zeller & DeMatteis of Cushman & Wakefield rep MWW Group in 420,000 s/f lease extension

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AST RUTHERFORD, NJ — Metropolitan Center, the New Jersey

remain in Secaucus because of the strong mass transit system, as well as access to the Lincoln Tunnel and major highways,” said Sean Brady of Cushman &Wakefield’s East Rutherford, NJ office, who teamed with Tim Gibson of the firm’s New York office, to represent the tenant. Owned by Rego Park, NY based Samson Management, 300 Harmon Meadow Blvd. is a six-story, 126,000 s/f office building located near hotels, restaurants, theaters and other amenities. The ownership was represented in the transaction by Frank D. Recine andMichael Marchese of Newmark Knight Frank. ■

Meadowlands landmark office tower, will soon be known as the MWW Public Relations building. The public relations agency, one of the top 15 agen- cies in the world, and a long- time tenant at the property, has extended its lease and secured building signage rights at the 420,000 s/f property, announced commercial real estate services firm Cushman & Wakefield, Inc. Barry J. Zeller, executive vice president of Cushman & Wakefield’s Manhattan office, and David DeMatteis of the company’s East Rutherford operation (located at Metropoli- tan Center) represented MWW Group in the lease extension and signage negotiation. CB Richard Ellis Investors owned the 15-story property, which is nowowned byKBSRealty, Greg Barkan of CBRE brokered the long-term transaction on his company’s behalf. Located at One Meadowlands Plaza – directly off Exit 16W of the New Jersey Turnpike at its intersection with Route 3, Met- ropolitan Center sits adjacent to the Sheraton Meadowlands Hotel and Conference Center, directly across from the Mead- owlands Sports Complex. ELMWOOD PARK, NJ — Spencer Savings Bank has renewed its headquarters lease for 40,000 s/f at River Drive Center 3, 611 River Drive in Elmwood Park, announced commercial real estate firm Cushman & Wakefield, Inc. The tenant, a 70-year-old sav- ings bank with 19 branches in Northern and Central New Jer- sey, has been headquartered at the site since 2002 and has renewed for another 10-year term. “Based on today’s competi- tive market, we explored all of the options in the area,” said Harlan Hollander, who teamed with Walter Schoenberg and Peter Hamburger of Cushman & Wakefield’s East Ruther- ford, NJ office; Maureen Kelly, Global-Consulting in the firm’s MidtownManhattan office; and Eileen Carey, Client Solutions- East Rutherford to represent Spencer. 611 River Drive is an 86,000 s/f four-story office building on four acres in western Bergen County. The class A building was completed in 2001. SECAUCUS, NJ — Kroll

One Meadowlands Plaza

611 River Drive

Ontrack Inc. has signed a new, five-year lease for 11,000 s/f at 300 Harmon Meadow Blvd. in Secaucus, announced com-

mercial real estate firm Cush- man & Wakefield, Inc. The legal technologies and data recovery provider will expand

and relocate from another site in Secaucus, situated in the Meadowlands submarket. “Kroll Ontrack wanted to

2011 Leasing Totals: 99.8% Occupied 3,647,365 SF Leased Heller Industrial Parks

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