6B — July 24 - August 13, 2020 — New Jersey — M id A tlantic Real Estate Journal
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N ew J ersey
Lexus of Bridgewater leases 62,400 s/f at industrial property Middlebrook Crossroads Furey, Zuck and McHale Transwestern of facilitate lease on behalf of Terreno Realty Corp. B services to light manufactur- ing and recreation, including a CrossFit franchise and a basketball center.
industrial hotspot, and we’re seeing continued interest from users for well-located and maintained properties,” said Furey. “Middlebrook Cross- roads, one of the first planned industrial parks in the coun- try, is a prime example show- ing the tremendous strength of a versatile property with access to highways and nearby amenities.” Currently 89% occupied, Middlebrook Crossroads is an 18-building, multi-tenanted industrial complex featuring upgraded roofing, signage and landscaping. Tenants at the property range from food
RIDGEWATER, NJ — Transwes t ern Real Estate Services (TRS) announced that Lexus of Bridgewater has renewed its lease for 62,400 s/f at 1EB and 1EA Chimney Rock Rd., part of the Middlebrook Crossroads industrial warehouse and flex manufacturing property in Bridgewater. The Transwest- ern industrial leasing team of managing directors Jef- frey Furey and Lori Zuck and associate Matt McHale represented the landlord, Terreno Realty Corp. , in the transaction. “New Jersey remains an
The property's location be- tween Rtes. 22 and 28 and near I-287 is a major benefit for businesses that require access to Parsippany, Flem- ington, Princeton and Staten Island, which are all within a 30-minute drive. Middle- brook Crossroads is also con- veniently located near the Bridgewater Commons Mall, Bridgewater Promenade, as well as several restaurants and hotels. MAREJ NAI James E. Hanson negotiates office renewal in Bridgewater, NJ BRIDGEWATER, NJ — NAI James E. Hanson has negotiated an office lease renewal at CenterPointe IV located at 1140 Rte. 22 East in Bridgewater. NAI James E. Hanson’s Joshua Levering, SIOR , and Nick DePaolera represented the tenant, R&J Strategic Communications, in the transaction with Signature Acquisitions. Since 1986, R&J Strategic Communications has been one of state’s premier commu- nications agencies providing national and regional health- care, consumer products, real estate, and non-profit brands with invaluable communica- tions counsel and a full suite of marketing and communica- tions services. Leasing office space at 1140 Route 22 East since 2005, R&J’s continued growth and evolution inspired the company’s ownership to pursue a dramatic reimagi- nation of their current office space. As R&J Strategic Com- munications was due for a renewal of their space at the time, the company engaged Levering and DePaolera to negotiate a lease renewal that would facilitate extensive ren- ovations while ensuring mini- mal disruptions to their ongo- ing business. The brokerage team negotiated a renewal for the space while working with ownership, Signature Acquisi- tions to provide R&J Strategic Communications workable accommodations in temporary space within CenterPointe IV that would ensure R&J could remain on-site and run the business seamlessly during the renovations. MAREJ
1EB and 1EA Chimney Rock Rd.
P o s k a n z e r S k o t t A r c h i t e c t s 550 North Maple Avenue, Ridgewood, NJ 07450 201.445.2322 www.poskanzerskott.com
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