Real Estate Journal — New Jersey — August 14 - 27, 2015 — 11B
M id A tlantic
N ew J ersey Leases reflect repositioning success at WestSide Center Cushman & Wakefield inks leases totaling 67,700 s/f N ORTH BERGEN, NJ — Three new, long- term tenant commit-
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ments totaling nearly 68,000 s/f at WestSide Center in North Bergen reflect strong demand following the office proper- ty’s recent repositioning and modernization by owner Real Capital Solutions . Commer- cial real estate services firm Cushman & Wakefield ’s Curtis Foster and Jerry Shifrin serve as leasing agents for the 300,000 s/f, former Liz Claiborne, Inc. headquarters located at 5901 West Side Ave. • Victoria Classics leased 31,000 s/f at WestSide Center, relocating its headquarters to the property from Edison, NJ. Frank Recine and Dan Reider at Newmark Grubb Knight Frank served as ten- ant brokers. • Premiere Response leased 26,000 s/f at WestSide Center. Tim Cadigan and Bill Mc- Caffrey from Avison Young represented Premiere Response in the transaction. • Axis Global Logistics leased 10,700 s/f and will relocate its corporate headquarters to WestSide Center fromMaspeth, Queens, NewYork. Cushman & Wakefield’s Dan Johnsen and Stephen Elman served as brokers for the tenant. According to Foster, the re- cent leases speak to the success of WestSide Center’s repurpos- ing as a multi-tenant property. The eight-story building was developed in 1994 for Liz Clai- borne, Inc., which became Fifth & Pacific Companies before being renamed Kate Spade & Company. Upon the property’s sale to RCS in 2013, the or- ganization leased back nearly 107,000 s/f on a long-term basis. RCS modernized the prop- erty – leveraging its dramatic, five-story atrium lobby with abundant natural light and brick accents. This theme car- ries throughout the building with new and updated finishes in bathrooms, lobbies, elevators and the parking structure. “This property presents an opportunity for even small tenants to land at a corporate headquarters-quality facil- ity with superior technology infrastructure and a full suite of on-site amenities – all for competitive pricing in the desir- able New Jersey Meadowlands market.” said Foster. Cushman & Wakefield is marketing the property to tenants as small as 5,000 s/f. n
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